Press Release

Media Alert: Costilla County Becomes a Rural Jump-Start Zone to Encourage Economic Development and New Jobs

The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Costilla County and the town of San Luis have been designated as Rural Jump-Start Zones. This designation is intended to encourage economic development and job creation by offering new businesses or businesses that move to these zones significant financial benefits.

Polis Administration Continues to Support Workforce Development in the Outdoor Recreation Industry: OREC Announces New Grant

Today, Governor Polis and the Colorado Outdoor Recreation Industry Office (OREC) of the Colorado Office of Economic Development and International Trade (OEDIT) announced a new grant program to support continued pandemic recovery among outdoor recreation industry businesses and nonprofits. The Outdoor Recreation Industry Impact Fund (ORIIF) will provide funding to help outdoor recreation industry employers hire and retain staff across the state.

Promoting Statewide Access to Venture Funding: State Renews Partnership with Greater Colorado Venture Fund to Support Rural Businesses

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.

Creating a Colorado Economy for All: New Grant Funding to Support Economic and Workforce Development in Colorado Coal Transition 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.

Continuing to Bring Good-Paying Jobs to Coloradans & Boost Colorado’s Thriving Aerospace Industry: Polis Administration Announces Space Infrastructure Startup ThinkOrbital Chooses Colorado for Headquarters

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. 

Creating Jobs and Affordable Housing: Polis Administration Announces Innovative Housing Incentive Program

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.

Colorado Springs Chamber & Economic Development Corporation to Serve as New Host for Pikes Peak SBDC

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. 

Polis Administration Announces Leading Life Sciences Company Chooses Town of Frederick for Expansion

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.

Advancing Colorado’s Semiconductor Industry: Polis Administration Secures Entegris for Colorado Springs Expansion

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.

Polis-Primavera Administration Announces Zivaro to Serve Space and Command Control Programs by Expanding in Colorado Springs

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.