Growcentia Announces Opening of New HQ and R&D Facility

Growcentia has announced the opening of their new Colorado headquarters positioned in Loveland’s Centerra area.

The company started at Colorado State University, with three soil microbiologists – Drs. Matthew Wallenstein, Colin Bell and Richard Conant – who set out to use nature to improve nature. Their biotech products deliver healthier plants with increased yield and quality. Their research explores how specific combinations of microbes work symbiotically with soil nutrients to produce healthier plants. These combinations reduce the need for chemical fertilizers which means reduced environmental and ecological impacts from farming. 

Their research resulted in a patent, and following a seed investment round from M34 Capital in 2015, the founders licensed the patent from Colorado State University Ventures and operationalized Growcentia.

“Growcentia is proud to call northern Colorado home, and we look forward to expanding upon our nature-based growing solutions in this region. This new state-of-the-art facility will enable us to accommodate growth for the foreseeable future, heighten the complexity and diversity of our product lines, and expand R&D initiatives to serve both our national and international customers and truly change the way the world grows,” said Growcentia’s founders in a joint statement.

The new headquarters will occupy 30,000 sq ft of a commercial building and provide space for company operations ranging from management and manufacturing to research and development.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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