mountainFLOW Receives State Grant to Further Ski Wax Research
December 2, 2022
[Carbondale] /OUTDOOR SPORTSWIRE/ – mountainFLOW is pleased to announce it has been awarded an Early-Stage Capital and Retention grant through the Colorado Office of Economic Development and International Trade (OEDIT) Advanced Industries Accelerator program. This funding will help further the development of plant-based ski wax.
“At mountainFLOW we are always pushing the limits for what’s possible with high performance, plant-based ski wax. However, the process is not cheap or easy. This grant will allow to work with the nation’s top scientists to develop a new line of ultra-fast glide wax” says Founder, Peter Arlein.
The Early-Stage Capital and Retention grant supports businesses commercializing innovative and disruptive technologies in the advanced industries that will be created or manufactured in Colorado. These grants help promote the growth and sustainability of advanced industries across the state by driving innovation and commercialization that move this vital part of the Colorado economy forward.
Mountainflow was awarded $250,000 to research new product categories. “mountainFLOW will be working with the Illinois Tech Center For Sports Innovation to design a revolutionary liquid glide wax. We will maintain our commitment to plant-based and eco-friendly ingredients while leveraging their technology to develop a wicked fast and easy to use product. We are super stoked to see what will come out this partnership” says Arlein.
“Across the state, companies are rethinking existing technologies and inventing new ones within the advanced industries sector. Their success will create good-paying jobs in Colorado and has the potential to change lives across the state and beyond. We are thrilled to be able to support their development and look forward to celebrating future accomplishments,” said Rama Haris, Advanced Industries Senior Manager at OEDIT.
About mountainFLOW
In 2016, we formed mountainFLOW eco-wax with a straightforward mission: provide a simple and eco-friendly way to improve the skiing experience. We soon realized that eco-friendly waxes were a rare commodity in the ski industry, so we began testing plant-based waxes. Our hope is that the everyday skier will make the choice to use a product that works great and is more friendly to our mountain playgrounds.
About the Advanced Industries Accelerator Program
The Advanced Industries Accelerator Program was created in 2013 to promote growth and sustainability in Colorado’s advanced industries by driving innovation, accelerating commercialization, encouraging public-private partnerships, increasing access to early-stage capital and creating a strong infrastructure that increases the state’s capacity to be globally competitive. AIA encompasses five distinct grant programs: Proof of Concept, Early-Stage Capital and Retention, Collaborative Infrastructure, Export Accelerator, and Global Consultant Network.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov.
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