OEDIT Announces Former San Miguel County Commissioner as Head of New Innovative Housing Programs

The Business Funding & Incentives Division (BF&I) within the Colorado Office of Economic Development & International Trade (OEDIT) has named Hilary Cooper as Director of Innovative Funding for Housing Programs to support new housing initiatives within OEDIT. Cooper will oversee programming designed to increase the supply of affordable and attainable housing across Colorado by leveraging traditional and innovative economic development tools to create new jobs and new housing units. 

Advancing CleanTech in Colorado: Solar Manufacturer Selects Colorado for Expansion and Over 900 New Jobs

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that VSK Energy Inc. (VSK), a new joint venture developing a vertically integrated solar manufacturing operation in the United States, has selected Brighton, Colorado for expansion. 

Expanding Venture Capital in Southern Colorado: State Announces New VCA Partnership with Colorado ONE Fund

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with Colorado ONE Fund, based in Colorado Springs. This is the fourth new partnership announced by the VCA to expand access to capital across the state and in communities that have historically encountered barriers to funding.

MEDIA ALERT: Lake County Becomes a Rural Jump-Start Zone to Encourage Economic Development and New Jobs

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Lake County has been designated as a Rural Jump-Start (RJS) Zone. This designation is intended to encourage economic development and job creation by offering new businesses or businesses that move to these zones significant financial benefits.

Addressing Climate Change and Expanding Opportunity: State Announces New Partnership with Avesta Fund to Support Purpose-Driven Entrepreneurs

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has partnered with Avesta Fund to expand access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $3.6 million to Avesta, a venture capital firm that invests in companies working to address climate change and inequality. With the VCA’s investment and matching support from other leading Colorado investors, Avesta Colorado Fund completed its first close totaling $7.2 million.

OEDIT Action Grants Support 27 Economic Development Initiatives Across Colorado, from La Junta to Mancos and Hugo to Grand Junction

Today, the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) and the Economic Development Council of Colorado (EDCC) announced 27 recipients of Economic Development Organization (EDO) Action Grants. These one-time grants support initiatives that seek to strengthen and diversify local economies across the state, from La Junta to Mancos and Hugo to Grand Junction. 

PRESS RELEASE: Polis-Primavera Administration Announces New Addition to Colorado Aerospace Industry: “Classified-Space-as-a-Service” Company Nooks Expanding in Colorado Springs

The Polis-Primavera Administration and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that defense industry startup Nooks, a veteran-owned Classified-Space-as-a-Service leader, has selected Colorado Springs for expansion. Here, Nooks will open its third and largest national location offering flexible access to classified facilities and associated networks for use by industry and government partners.