Press Release

893 Individuals, Businesses and Organizations awarded $15.4 million through the Colorado Arts Relief Grant

DENVER -- Colorado Creative Industries, a division of the Colorado Office of Economic Development and International Trade (OEDIT), announced today that 893 grantees have been awarded $15.4 million in COVID-19 economic relief funding through the Colorado Arts Relief Fund.

Colorado Employee Ownership Office Launches Employee Ownership Tax Credit

Governor Polis’ signing of HB 21-1311 program put in place for January 1, 2022 launch
 
DENVER — The Employee Ownership Office, a division of the Colorado Office of Economic Development and International Trade (OEDIT), will launch the application process for the Employee Ownership Tax Credit on January 1, 2022. The tax credit will be available to Colorado-headquartered businesses that want to convert to an employee ownership model and will cover up to 50% of a qualified business’ conversion costs for use on their state income taxes.

Four Recipients of Meetings and Events Direct Support Grant Announced

DENVER -- The Colorado Office of Economic Development and International Trade (OEDIT) and the Colorado Tourism Office (CTO) announced today the recipients of its Meeting and Events Incentive Direct Support Grant. This grant provides up to 50 percent of eligible direct-support costs, not to exceed $200,000, for hosting events in Colorado which affect multiple counties and demonstrate

Colorado Emerging as Bioscience Hub: Genapsys Selects Colorado for Manufacturing and R&D Expansion, Brings ~240 new jobs to Colorado

DENVER - Colorado continues to emerge as a bioscience hub. Genapsys, a life science company, has announced plans to open a second location in Westminster bringing approximately 240 new jobs to Colorado. 
Genapsys is focused on unlocking universal access to genomic information by delivering a highly accurate, scalable and affordable genomic sequencing ecosystem that empowers both academic and clinical research applications.