OEDIT Joins National and Local Partners to Capture the Economic Challenges COVID-19 Poses to Colorado’s Business Community

Colorado’s Office of Economic Development and International Trade, in partnership with POLCO and Downtown, Colorado Inc. (DCI), has released a Colorado COVID-19 Business Survey. Recorded from April 10 to April 30 during the peak of the state’s economic interruption, the survey chronicles the economic challenges facing Colorado businesses.  

Emerson’s $100M Expansion and New Innovation Center Transforms Boulder Campus

Global tech leader plans for 250 new Colorado jobs

DENVER - The Colorado Office of Economic Development and International Trade (OEDIT) announced today that Emerson has selected Boulder, Colorado for its new, 180,000-square-foot expansion project. The $100M investment, including a new innovation center, will support 250 new jobs over the coming years.

OEDIT Showcases Colorado Businesses at JEC, the Largest Global Composites Trade Show

The Colorado Office of Economic Development and International Trade (OEDIT) and four Colorado companies will attend JEC in Paris, France from May 12 to 14, 2020. JEC is the world’s largest composites trade show.

More than 1,300 exhibitors are expected at the three-day show representing composite solutions and innovations in automotive and road transportation, aerospace, building and civil engineering, equipment and machinery, and renewable energy.

Home Grown Pax8 Announces New 1,800 Job Expansion, adding jobs in both urban and rural Colorado

The Colorado Office of Economic Development and International Trade (OEDIT) announces that Pax8, a cloud distribution technology company based in Greenwood Village, Colo., has selected Colorado as home to its latest expansion project. Already recognized as one of the fastest growing companies in Colorado, Pax8’s projected expansion will create up to 1,852 jobs in Colorado over the next eight years. 

Colorado offers key incentive for companies to employ remote workforce

Companies looking to move or expand to Colorado can now take advantage of a new cash incentive offered by the Colorado Office of Economic Development and International Trade (OEDIT). 

The Location Neutral Employment (LONE) incentive provides an incremental cash incentive of up to $6,500 per remote employee per year for up to five years to companies that hire new employees in designated rural areas of the state. 

Applications being accepted for Advanced Industries Accelerator Grant Programs

Applications for Advanced Industries Collaborative Infrastructure Grants due April 1, 2020

The Colorado Office of Economic Development and International Trade (OEDIT) is now accepting applications for the Advanced Industries Collaborative Infrastructure Grants for fiscal year 2020. Applications are due April 1, 2020 by 5:00 PM.