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.

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

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.

The following projects were approved at the February 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:

Job Growth Incentive Tax Credit

The following projects were approved at the January 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 incentives requiring approval for these kinds of projects are:

Job Growth Incentive Tax Credit

COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Desert Harvest, a leading provider of women’s health products and supplements, has selected Colorado Springs, Colorado, for expansion.

“Our state is the best place to live, work and do business, and we are thrilled to welcome Desert Harvest to Colorado Springs where the company expects to create 15 new, good-paying jobs,” said Governor Polis.

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 and flight operations support for applications such as earth observation and communications.

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 every month.

The incentives requiring approval for these kind of projects are:

CHIPS Refundable Tax Credit

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 every month.

The incentive requiring approval for this kind of project is:

Job Growth Incentive Tax Credit

COLORADO SPRINGS – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that WMD Squared Engineering has selected Colorado Springs, Colorado for expansion, creating 42 new jobs. The company provides innovative engineering, design and drafting services, specializing in production-level equipment.