October 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following project was approved at the October 2024 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentive requiring approval for this kind of project is:

Job Growth Incentive Tax Credit

Creating Good-Paying Jobs for Coloradans: Polis Administration Announces Expansion of Engineering Company in Colorado Springs

COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that WMD Squared Engineering has selected Colorado Springs, Colorado for expansion, creating 42 new jobs. The company provides innovative engineering, design and drafting services, specializing in production-level equipment.

bet365 Selects Colorado for Expansion, Creating Nearly 1,000 New Jobs

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that leading global online sports betting company bet365 has selected Denver, Colorado for expansion. The UK-based company has opened its new U.S. headquarters at One Platte, or 1701 Platte Street, and plans to hire nearly 1,000 employees.

Polis Administration Announces Solid Power Planned Expansion in Colorado: 40 New Jobs in the Renewable Energy Sector

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Colorado-based Solid Power, Inc. (Nasdaq: SLDP), an industry-leading developer of next-generation all-solid-state battery technology, plans to expand its presence in the state.
 

August 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the April 2024 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentive requiring approval for this kind of project is:

Strategic Fund Job Growth Incentive

July 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the July 2024 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentives requiring approval for these kind of projects are:

Job Growth Incentive Tax Credit

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.

March 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following project was approved at the March 2024 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentive requiring approval for this kind of project is:

Job Growth Incentive Tax Credit

New High Tech Jobs: Polis Administration Announces Scythe Robotics Expansion in Colorado

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Scythe Robotics, a producer of advanced, commercial-grade autonomous solutions for the landscape industry, has selected Longmont, Colorado for expansion. The company has expanded its Boulder County headquarters and manufacturing facility to meet growing demand for its all electric, fully autonomous commercial mower.

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.