BOULDER - The Colorado Energy Research Collaboratory will receive $2 million from the state when Gov. John Hickenlooper signs SB 011 Friday at the University of Colorado.

The Collaboratory will use the money to support research projects that involve researchers from at least two of four Collaboratory-supported research institutions - The Colorado Center for Biorefining and Biofuels, the Colorado Center for Revolutionary Solar Photoconversion, the Center for Research and Education in Wind, and the Center for Carbon Management, according to David Hiller, executive director of the Collaboratory.

As a research consortium involving the CU-Boulder, Colorado School of Mines, Colorado State University and the Department of Energy's National Renewable Energy Laboratory, the Collaboratory aims to bring four research centers together to work on topics that combine various areas, including solar, wind, biofuel and carbon management, Hiller said.

The money will be used as a matching fund, or cost-sharing, to support mostly early stage of researches. Most of the early stage researches are focused on development as opposed to commercialization from late stage researches, which are usually supported by industry, Hiller said. The Collaboratory doesn't budget the spending because it's hard to predict when the research opportunities will present themselves, he said.

In general, there's a 20 percent cost-sharing requirement for approved research projects, meaning that the Collaboratory is generally able to cover 20 percent of the research costs. However, there are exceptions depending on the size of the project. In order to get the funding, proposals should reflect special skills that the Collaboratory brings and align well for the Colorado economic development, Hiller said.

The signing event to be held on the CU campus is not open to the public.