Global Business Development

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Infinity Labs, a firm that specializes in modeling and simulation, cyber security and advanced research and development (R&D), has selected Colorado Springs, Colorado for expansion. The company plans to increase modeling and simulation support for Department of Defense (DoD) clients, improving national security through innovation and new technologies.

The following projects were approved at the February 2023 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 kinds of projects are:

The U.S. Small Business Administration (SBA) has awarded the Colorado Office of Economic Development and International Trade (OEDIT) a $700,000 State Trade and Expansion Program (STEP) grant to promote international exports for small businesses. This is a $200,000 increase from OEDIT’s 2022 award. 

The Polis-Primavera Administration and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Boecore, an aerospace and defense engineering company that specializes in software solutions, systems engineering and cybersecurity, has selected Colorado Springs, Colorado for expansion. 

The following projects were approved at the February 2023 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 kinds of projects are:

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the CHIPS Refundable Tax Credits Program to aid Colorado companies in securing federal funding available through the CHIPS and Science Act. This funding will support the development of the semiconductor and advanced manufacturing industries within Colorado, creating new good-paying jobs and contributing to a strong, diversified economy.

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Meyer Burger, an industrial manufacturer of solar cells and solar modules headquartered in Switzerland, has selected Colorado Springs, Colorado for expansion. 

The following projects were approved at the February 2023 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 kinds of projects are:

The Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) has named Dan Salvetti as Semiconductor Industry Manager. This new role will support the continued growth of Colorado’s semiconductor industry and play a key role in implementing new OEDIT programming to aid Colorado companies in benefitting from the federal CHIPS and Science Act.

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.