Press Release

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.

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.

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.

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.

The nonprofit global arts organization Sundance Institute and the Stanley Hotel in Estes Park, Colorado announced today that the Stanley Hotel will host the Institute’s signature Directors Lab in 2024 with support from the Colorado Office of Economic Development and International Trade (OEDIT). For over four decades, Sundance Institute labs have brought together promising new independent storytellers with accomplished artists to develop new work and build a long-lasting, vibrant community. 

Today, the Global Business Development division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that 25 Colorado companies and seven researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program.

The Colorado Office of Film, Television and Media (COFTM), a division of the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Mesa University (CMU) are pleased to announce that Josh Meuwly, CMU Tech Technical Instructor of Digital Filmmaking, will assume the role of Grand Junction Regional Liaison that will help serve western Colorado. 

The Colorado Office of Film, Television, and Media (COFTM) has been recognized as one of the finalists for the Makers and Shakers Award for its outstanding Film Commission Initiative of the Year.

The Colorado Creative Industries (CCI) division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that “The Terminal”, a mixed-use redevelopment project in Grand Junction, has been approved for a

Today, Governor Polis and the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) announced three new recipients of the Innovative Housing Incentive Program (IHIP) grant.