Global Business Development

December 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the December 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

Colorado Aerospace Industry Continues to Grow: Polis Administration Announces Astro Digital Expansion in Colorado

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Astro Digital, a developer of micro-satellite systems and infrastructure, will expand into Littleton, Colorado. The company provides end-to-end satellite mission support, including comprehensive satellite technology development

Powering Renewable Energy and Creating New Jobs: Polis Administration Announces Peak Energy Expansion in Colorado

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Peak Energy, the first American venture to advance sodium-ion battery systems, has selected Broomfield, Colorado for expansion. By developing sodium-ion battery cells in Colorado, the startup

OEDIT 2024 Wrapped

Graphic with bold text '2024 Wrapped' over a vibrant red and black abstract background, featuring the OEDIT logo and the caption '14 Ways OEDIT has Supported Coloradans'

14 Ways OEDIT has Supported Coloradans

We close out 2024 with a recap about the work done to empower Coloradans to thrive in our economy. Let’s unwrap 14 ways OEDIT has worked to support an economy that works for everyone. Why 14? OEDIT has 14 divisions in 14 regions, we

OEDIT Receives Startup Ecosystem Star Awards for Advanced Industries Accelerator Program

DENVER – The Colorado Office of Economic Development and International Trade (OEDIT) has received two Startup Ecosystem Star Awards for the Global Business Development division’s Advanced Industries Accelerator (AIA) Program: “Best-in-Class Startup Programs” and "Outstanding Investment Boost.”

“The innovative Advanced Industries Accelerator program has been a key contributor to

Creating Jobs and Boosting Innovation: Polis Administration Announces Safran Defense & Space, Inc. Expands in Colorado

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Safran Defense & Space, Inc. (Safran DSI), the U.S. subsidiary of global aerospace leader Safran, has selected Colorado for expansion. In Colorado, Safran will support the growth of

November 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the November 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

Lt. Gov. Primavera Leads Investment Mission to South Korea and Taiwan

Reinforcing Colorado’s $1 billion annual trade relationships with South Korea and Taiwan while exploring new opportunities in high-tech industries

DENVER – To enhance global economic ties, showcase Colorado’s strengths and boost the state’s thriving economy, Lt. Governor Primavera led a delegation on behalf of Governor Polis to the Republic of

October 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following project was approved at the October 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