Global Business Development

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.

Colorado and Wyoming Awarded Inaugural NSF Engines Award to Advance Innovative Climate Technologies

Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) congratulate the Colorado—Wyoming Climate Resilience Engine (CO-WY Engine) on its groundbreaking selection by the U.S. National Science Foundation (NSF) as an NSF Engines grant recipient. This prestigious award positions the CO-WY Engine to receive up to $160 million over the next 10 years to transform Colorado and the region into a national leader in developing climate-resilient and sustainable technologies.

Creating Jobs: Polis Administration Announces Toro Relocation and Job Creation in Weld County

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Toro, a leading worldwide provider of innovative solutions for the outdoor environment, has selected the Town of Frederick in Weld County, Colorado for relocation. In Frederick, the company is opening a new center of excellence for the research and development functions of their robotics division. 

Growing the Colorado Semiconductor Industry: Microchip to Expand in Colorado Springs

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) will join Microchip, a leading producer of semiconductor devices, and the U.S. Department of Commerce, to announce a historic preliminary memorandum of terms (PMT) resulting in $90 million to modernize and expand a Microchip fabrication facility in Colorado Springs as part of $162 million in overall direct funding to support the company's semiconductor supply chain.

December 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the December 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 project are:

Job Growth Incentive Tax Credit

Growing Advanced Industries in Colorado: OEDIT Announces Grants to 32 Colorado Startups and Researchers, Boosting Advanced Industries

Today, the Global Business Development division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that 25 Colorado companies and seven researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

November 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the November 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 project are:

October 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the October 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.

Colorado and Wyoming Partnering to Become National Leader in Climate-Resilient and Sustainable Technologies

Colorado and Wyoming are collaborating to support a regional team working to power innovative pathways toward climate resiliency by utilizing data, predictive modeling and cutting edge technology to address key challenges. The Colorado-Wyoming Regional Innovation Engine (CO-WY Engine) is one of 16 finalists in the first-ever National Science Foundation (NSF) Regional Innovation Engines Competition, which will award up to $160 million in funding over the next ten years.

Creating Housing and New Jobs: Manufacturer of 3D Printed Homes to Expand in Greeley, Company Moving Headquarters to Colorado

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) joined the City of Greeley to announce today that Alquist 3D (Alquist), a manufacturer of 3D printed homes and infrastructure, has selected Greeley, Colorado for expansion. The company, which created the first owner-occupied 3D-printed home in the United States, selected Colorado because of its commitment to developing affordable and attainable housing and workforce development programs.