Press Release

Today, the Polis Administration and the Colorado Employee Ownership Office, housed within the Colorado Office of Economic Development and International Trade (OEDIT), announced four new businesses transitioning to employee-ownership with the help of the Employee Ownership Office including Idaho Springs’ Beau Jo’s Pizza. These conversions are part of a growing trend of employee-ownership in Colorado and continue the work of the Polis Administration to save businesses money while ensuring that everyone can benefit when a business thrives.

Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) announced a new public-private initiative, TechHubNow!, to strategically position Colorado for designation as a Regional Technology and Innovation Hub (Tech Hub) under the CHIPS and Science Act. The U.S. Economic Development Administration (EDA) will be launching a competitive process to select 20 federally-designated Tech Hubs across the country, with $500 million in appropriated funding available in 2023 to help these hubs drive U.S.-based technology- and innovation-centric growth.

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.

To promote more international direct investment into Colorado and boost Colorado’s thriving economy, Governor Polis, officials within the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT), and a Colorado delegation are on an investment mission in Japan.

Today, Governor Polis and the Colorado Outdoor Recreation Industry Office (OREC) of the Colorado Office of Economic Development and International Trade (OEDIT) announced nine new recipients of the Colorado State Outdoor Recreation Grant across the state. These grants will provide professional development for over 200 students and workers across Colorado as they prepare for or further their careers in outdoor recreation, including organizations that provide outdoor experiences to youth who might otherwise experience barriers to outdoor recreation.

Under the Polis administration, Colorado is globally competitive across a wide range of Advanced Industry sectors and is strategically positioned to excel as a Regional Technology and Innovation Hub (Tech Hub) under the CHIPS and Science Act. The U.S. Economic Development Administration (EDA) will be launching a competitive process to designate 20 federally-designated Tech Hubs across the country, with $500 million in appropriated funding available in 2023 to help these hubs drive technology- and innovation-centric growth.

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Conejos County has been designated as a Rural Jump-Start Zone.

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Yuma County has been designated as a Rural Jump-Start (RJS) Zone.

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Kit Carson County has been designated as a Rural Jump-Start (RJS) Zone.

In his State of the State address, Governor Polis outlined his vision for Colorado and how to address housing challenges.