Global Business Development

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.

Bolstering Colorado’s Economy: Polis Administration Secures Modeling & Simulation, Cybersecurity Firm for Expansion in Colorado Springs

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.

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

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:

U.S. Small Business Administration Awards Colorado $700,000 STEP Grant to Spur Small Business Exports

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. 

Colorado Aerospace Industry Continues to Grow: Polis-Primavera Administration Secures Aerospace and Defense Engineering Firm for Colorado Springs Expansion & Job Creation

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. 

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

The following projects were approved at the August 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:

Growing Colorado’s Semiconductor Industry: Polis Administration Capturing Federal CHIPS and Science Act Funding for Colorado Jobs and Economy

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.

Press Release: Polis Administration Secures Global Solar Manufacturer for Colorado Springs Expansion & Job Creation

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.