Growing Colorado’s Semiconductor Industry: Gov. Polis Announces Okika Devices Expansion in Colorado

COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Okika Devices, a producer of chips and software that enable custom and cutting-edge analog solutions and computing, has selected Colorado Springs for its new headquarters and research and development (R&D) center.

OEDIT Announces Grants to 35 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 22 Colorado companies and 13 researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

April 2025: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the April 2025 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 these kinds of projects is:

State of Colorado and New Zealand Sign Agreement to Foster Cooperation in Aerospace, Quantum and Geothermal Technologies

COLORADO SPRINGS – Today, at the 40th Space Symposium in Colorado Springs, Colorado, Governor Jared Polis and Space Minister Judith Collins signed a Memorandum of Cooperation (MoC) between Colorado and New Zealand to strengthen the partnership between the two regions and foster opportunities in aerospace, quantum and geothermal technologies. The MoC grew out of a meeting between Governor Polis and Minister Collins in April 2024, when the leaders agreed to take active steps to further cooperation in key advanced industries.

Expanding Transportation Innovation: Gov. Polis Announces Swisspod Expansion in Colorado

COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Swisspod, a company pioneering high-speed, emission-free Hyperloop transportation, is expanding in Colorado Springs. As a designer and manufacturer of high-speed vehicles and subsystems for transportation assets, Swisspod aims to transform the way people and goods move.

March 2025: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following project was approved at the March 2025 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

Growing Colorado’s Semiconductor and Advanced Industry Ecosystems: Five New Market Study Grants Awarded Statewide

DENVER - Today, the Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the latest market study grant recipients of the Colorado CHIPS Community Support Program. These grants will support Colorado communities interested in starting or growing local and regional semiconductor and advanced industries, including support for 15 counties and two tribes across Colorado, from Archuleta to Routt to Yuma counties.

Bringing 893 New Jobs to Western Colorado: Morgan Mining to Expand Manufacturing Industry in Grand Junction and Mesa County

GRAND JUNCTION – Today, Governor Polis, the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT), and the Grand Junction Economic Partnership (GJEP) announced that Morgan Mining, a leading interdisciplinary construction, mining, engineering, and management firm, has selected Grand Junction, Colorado, for expansion. This project will grow the advanced manufacturing industry and create new, good-paying jobs in rural Colorado.