Press Release

Today, the Colorado Venture Capital Authority (VCA) and the Colorado Office of Economic Development and International Trade (OEDIT) announced that the VCA has renewed its partnership with Greater Colorado Venture Fund (GCVF) to expand access to venture capital for Colorado entrepreneurs and startup businesses. The VCA has committed $11,175,000 to GCVF, which has a proven track record of funding Colorado companies and creating jobs in the state’s rural communities.

The Office of Just Transition (OJT), within the Colorado Department of Labor & Employment, and the Office of Economic Development & International Trade (OEDIT) are partnering to provide Coal Transition Community Grants to communities whose economies have traditionally relied on the coal industry. These grants are intended to support regional economic and workforce development activities that expand local business, create new good-paying jobs, and create more diversified and strong local economies.

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced that ThinkOrbital, a space infrastructure startup, has selected Colorado for its headquarters. In Colorado, ThinkOrbital will conduct research and development for its scalable, affordable and autonomously assembled space structures, the ThinkPlatform, that will accelerate the commercialization of the new space economy and advance Colorado’s growing role in that transformation. 

The Innovative Housing Incentive Program (IHIP), announced today by Governor Polis and the Business Funding & Incentives Division of the Colorado Office of Economic Development and International Trade (OEDIT), introduces new funding opportunities to support the development and expansion of Colorado’s innovative housing manufacturing businesses. Based on the understanding that strong economic development includes job creation and the development of attainable housing, IHIP will foster both across Colorado.

The Colorado Small Business Development Center (SBDC) Network, a division of the Colorado Office of Economic Development & International Trade (OEDIT), announced today that the Colorado Springs Chamber & Economic Development Corporation (EDC) has been selected as the new host for the Pikes Peak SBDC. 

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced today that Agilent, an American life sciences company, has selected Frederick, Colorado in Weld County for expansion. Agilent is a global leader in life science research, patient diagnostics and testing that ensures the safety of water, food and pharmaceuticals. By expanding in Colorado, the company will help advance a bioscience and life sciences sector that is among the best in the nation.

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced that Entegris, Inc., a global supplier of advanced materials and process solutions for the semiconductor, life sciences, and other high-tech industries, has selected Colorado Springs, Colorado for expansion. In addition to bringing good-paying new jobs to Colorado Springs, the company will support the continued development of the state’s semiconductor industry and the high-skilled workforce it demands.

Today, Governor Polis, Lt. Governor Primavera, and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced that Zivaro, an information technology company that specializes in serving government and national defense partners, has selected Colorado Springs, Colorado for expansion. There, the company’s new business unit will focus on modernizing legacy systems that serve Space and Command Control Programs operated by and on behalf of the U.S. Government.

In Denver, Su Teatro and VFW Post 1 to Receive Funds

The Colorado Tourism Office (CTO), a division of the Colorado Office of Economic Development and International Trade (OEDIT), announced today that its Matching Marketing Grants program has awarded more than $540,000 in grants to 17 Colorado organizations, from Moffat County to Custer County to Prowers County, all across the entire state, to aid in their marketing efforts.