Good for Colorado’s Economy: Legislative Session Advances Historic Initiatives to Strengthen Colorado and Grow Businesses

DENVER – The 2024 legislative session delivered real results for Colorado businesses of all sizes and positioned the state’s economy to continue to thrive. From nation-leading investments to strengthen Colorado’s workforce and create housing Coloradans can afford near job centers to cutting taxes and increasing certainty for business leaders, Colorado is doubling down on its commitment to be the best place to start and grow a business.

Leveraging History for Future Innovation

History plays a significant role in the present and future. It offers reflection from lessons learned, fond memories, and valuable stories worth retelling. Colorado is rich in history, and a physical embodiment of this is through the historic buildings that remain a part of the architecture across the state. In some cases, these buildings are no longer in use or require some renovation which provides opportunities for Coloradans to reacclimate these buildings to help them become vital parts of their communities again.

Boosting Innovation: Spectrum AMT Expands in Colorado Springs

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Spectrum Advanced Manufacturing Technologies has selected Colorado Springs, Colorado for expansion. The company creates products that are integral to advanced manufacturing and assembly, and provides quick-turn product development and manufacturing services for aerospace, medical, industrial and commercial marketplaces.

Creating New Jobs: Three Businesses Expand in Pueblo County Through Rural Jump-Start Program

DENVER — Today, Governor Polis and the Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the first three businesses to join the Rural Jump-Start (RJS) program in Pueblo County: AMCON Distributing Company, Ask Oracle and Fomcore. Collectively, these companies expect to create 59 full time jobs above the average annual wage in Pueblo County.

Helping Community Businesses Thrive: Governor Polis and OEDIT Announce 11 Grants to Support 58 Small Businesses

DENVER – Today, Governor Polis and the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) announced 11 Community Business Preservation grants to support community businesses and retain jobs across the state. These grants will be paired with training and consultation for 58 unique, independently-owned small businesses in Colorado that are culturally, socially, or historically significant and serve their communities in meaningful ways.

Growing Colorado’s Aerospace and Defense Industry: Polis Administration Secures Cyber Security Leader for Expansion in Colorado Springs

COLORADO SPRINGS – Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Invictus International Consulting, a Veteran-owned cybersecurity and technology integrator, has selected Colorado Springs for expansion. Invictus will provide cybersecurity and Internet Service Provider (ISP) engineering and operations support for government agencies, defense organizations, and private sector clients.

Polis Administration Announces New SBDC Satellite Services to Support Business Development and Job Creation in Northwest Colorado

Today, Governor Polis and the Office of Economic Development & International Trade (OEDIT) announced Coal Transition Community funding to establish a Northwest Small Business Development Center (SBDC) satellite office in northwest Colorado. The new office will serve Moffat, Rio Blanco and Routt counties, supporting the creation and growth of small businesses as local communities look to diversify their economies and create new jobs.

Creating Housing and Jobs: Polis Administration Announces Modular Housing Loans to Create Up to 4,755 More Housing Units Per Year

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced funding to support the growth of eight modular housing manufacturers across Colorado. Collectively, these manufacturers are projected to create 4,755 housing units per year.