Press Release

Creating Housing and Jobs: Polis Administration Announces Modular Housing Loans to Create Up to 4,755 More Housing Units Per Year

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced funding to support the growth of eight modular housing manufacturers across Colorado. Collectively, these manufacturers are projected to create 4,755 housing units per year.

Celebrating Colorado’s Unparalleled Outdoor Recreation: Governor Polis Announces Outside Festival

Today, Governor Polis and the Colorado Outdoor Recreation Industry Office (OREC) of the Colorado Office of Economic Development and International Trade (OEDIT) announced the inaugural Outside Festival at Denver’s Civic Center Park, June 1-2, 2024. This flagship event will celebrate Colorado’s unparalleled outdoor recreation lifestyle and industry, while advancing our state’s commitment to increasing access to the outdoors. 

Laying Groundwork for More Housing That is Affordable: Polis Administration Announces First Recipients of Proposition 123 Land Banking Funds

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced the first 16 recipients of the voter approved Proposition 123 Land Banking funds. This funding is intended to support Colorado communities as they acquire and preserve land for affordable housing, from Rangely to Denver and Salida to Huerfano County.   

Colorado and Wyoming Awarded Inaugural NSF Engines Award to Advance Innovative Climate Technologies

Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) congratulate the Colorado—Wyoming Climate Resilience Engine (CO-WY Engine) on its groundbreaking selection by the U.S. National Science Foundation (NSF) as an NSF Engines grant recipient. This prestigious award positions the CO-WY Engine to receive up to $160 million over the next 10 years to transform Colorado and the region into a national leader in developing climate-resilient and sustainable technologies.

Polis Administration Announces New Curated Exhibit Space by Blumhouse at Colorado’s Iconic Stanley Hotel

ESTES PARK – Film lovers and horror fans have a new reason to plan a visit to the iconic Stanley Hotel in Estes Park, which served as inspiration for Stephen King’s The Shining. Governor Jared Polis and the Colorado Office of Film, Television and Media, a division of the Colorado Office of Economic Development and International Trade (OEDIT), announced today that Blumhouse, the driving force in horror, will exclusively curate the 10,000+ square-foot Stanley Film Center exhibit space.

Creating Jobs: Polis Administration Announces Toro Relocation and Job Creation in Weld County

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Toro, a leading worldwide provider of innovative solutions for the outdoor environment, has selected the Town of Frederick in Weld County, Colorado for relocation. In Frederick, the company is opening a new center of excellence for the research and development functions of their robotics division. 

Growing the Colorado Semiconductor Industry: Microchip to Expand in Colorado Springs

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) will join Microchip, a leading producer of semiconductor devices, and the U.S. Department of Commerce, to announce a historic preliminary memorandum of terms (PMT) resulting in $90 million to modernize and expand a Microchip fabrication facility in Colorado Springs as part of $162 million in overall direct funding to support the company's semiconductor supply chain.

Higher Purpose Homes, Ltd. becomes first Rural Jump-Start participant in Montezuma County

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Higher Purpose Homes, Ltd. is the first Montezuma County business to join the Rural Jump-Start (RJS) program. The RJS program is intended to encourage economic development and job creation in rural communities across the state.

Governor Polis Announces New Grants to Support Job Creation in Coal Transition Communities

Today, Governor Polis, the Office of Just Transition (OJT) within the Colorado Department of Labor & Employment, and the Office of Economic Development & International Trade (OEDIT) announced two new Coal Transition Community grants to fund projects that will diversify local economies and create new jobs in Moffat County and Oak Creek through the development of hydropower and expanded access to healthcare services.

Governor Polis Announces Computer Science Education Week, Celebrates Colorado’s Future as a Quantum Leader

Today, Governor Polis announced Computer Science Education Week in Colorado. Computer Science Education Week is an annual call to celebrate the field of Computer Science, draw students to learn the field, and advocate for equity in the industry. Computer science is ingrained in daily life through technology, privacy, security, and accessibility. Students who learn computer science will not only help drive innovative programming but play a critical role in understanding the social, ethical, economic, and environmental impacts of computing.