Press Release

Polis Administration Announces Three New IHIP Grant Recipients Supporting Creation of Over 480 Housing Units

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. This transformational grant continues the Polis Administration’s work to increase the supply of housing across Colorado. The funding announced today will directly incentivize the creation of over 480 attainable housing units across Colorado.

Creating Good-Paying Jobs for Coloradans: Polis Administration Announces Expansion of Engineering Company in Colorado Springs

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.

Funding Housing Coloradans Can Afford: Strategic Investment Round of Proposition 123 Equity Program to Help Create 292 Housing Units

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced the preliminary selection of three recipients of Proposition 123 Equity program funding. These funds will provide investment capital for low- and middle-income multifamily affordable rental housing projects, supporting the creation of an estimated 292 affordable housing units.

U.S. Small Business Administration Awards Colorado $900,000 STEP Grant to Spur Small Business Exports

DENVER — The U.S. Small Business Administration (SBA) has awarded the Colorado Office of Economic Development and International Trade (OEDIT) a $900,000 State Trade and Expansion Program (STEP) grant to promote international exports for small businesses. This is a $200,000 increase from OEDIT’s 2023 award, and the highest ever awarded to the state.

bet365 Selects Colorado for Expansion, Creating Nearly 1,000 New Jobs

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that leading global online sports betting company bet365 has selected Denver, Colorado for expansion. The UK-based company has opened its new U.S. headquarters at One Platte, or 1701 Platte Street, and plans to hire nearly 1,000 employees.