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

Colorado Springs’ Catalyst Campus for Technology and Innovation Receives Advanced Industries Collaborative Infrastructure Grant

COLORADO SPRINGS - The Global Business Development division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that the Catalyst Campus for Technology and Innovation (Catalyst Campus) was approved to receive a $999,789 Collaborative Infrastructure Grant through the Advanced Industries Accelerator Program.

Gov. Polis Leading Investment Mission to Nordic Countries

To encourage and spur more international investment into Colorado and boost our state’s thriving economy, Governor Polis, officials within the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) and the Colorado Department of Natural Resources, and a Colorado delegation are on an investment mission in Denmark, Sweden and Finland.

OEDIT Announces Grants to 42 Colorado Startups and Researchers in the Advanced Industries

DENVER - Today, the Global Business Development division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that 34 Colorado companies and eight researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

Growing Colorado’s Semiconductor Industry: New Grant Program Looks to Expand Industry into New Regions of Colorado

DENVER - Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the Colorado CHIPS Community Support grant program to grow Colorado’s semiconductor industry.

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.

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