Global Business Development

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

The following projects were approved at the July 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:

New Semiconductor Industry Manager to Spearhead U.S. CHIPS Initiative for Colorado

The Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) has named Dan Salvetti as Semiconductor Industry Manager. This new role will support the continued growth of Colorado’s semiconductor industry and play a key role in implementing new OEDIT programming to aid Colorado companies in benefitting from the federal CHIPS and Science Act.

Advancing CleanTech in Colorado: Solar Manufacturer Selects Colorado for Expansion and Over 900 New Jobs

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that VSK Energy Inc. (VSK), a new joint venture developing a vertically integrated solar manufacturing operation in the United States, has selected Brighton, Colorado for expansion. 

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

The following projects were approved at the June 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:

Advanced Industries Grants Accelerate 43 Colorado Startups and Researchers Across the State

Today, the Global Business Development division of the Office of Economic Development and International Trade (OEDIT) announced that 37 Colorado companies and six researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

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

The following projects were approved at the April 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:

PRESS RELEASE: Polis-Primavera Administration Announces New Addition to Colorado Aerospace Industry: “Classified-Space-as-a-Service” Company Nooks Expanding in Colorado Springs

The Polis-Primavera Administration and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that defense industry startup Nooks, a veteran-owned Classified-Space-as-a-Service leader, has selected Colorado Springs for expansion. Here, Nooks will open its third and largest national location offering flexible access to classified facilities and associated networks for use by industry and government partners.

Colorado Aerospace Industry Continues to Grow: Polis-Primavera Administration Announces INTUITIVE Expansion in Colorado Springs

Governor Polis, Lt. Governor Primavera, and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced today that Intuitive Research and Technology Corporation (INTUITIVE), an aerospace engineering and analysis firm, has selected Colorado Springs for expansion. There, INTUITIVE will support the state’s leading aerospace and defense industry by providing engineering, analysis, problem solving and technical management support to government, defense and military clients.