Today, the Colorado Outdoor Recreation Industry Office (OREC) of the Colorado Office of Economic Development and International Trade (OEDIT) announced 24 recipients of the Outdoor Recreation Industry Impact Fund (ORIIF). These grants are intended to help outdoor recreation industry businesses and nonprofits hire and retain over 100 full-time and part-time positions.
Today, the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) and the Economic Development Council of Colorado (EDCC) announced 27 recipients of Economic Development Organization (EDO) Action Grants. These one-time grants support initiatives that seek to strengthen and diversify local economies across the state, from La Junta to Mancos and Hugo to Grand Junction.
The Colorado Creative Industries (CCI), a division of the Colorado Office of Economic Development & International Trade (OEDIT), and Lighthouse Writers Workshop announced today that PBS12 will air a documentary featuring Colorado’s state finals for Poetry Out Loud. This annual event was held on March 1, 2023 at the Lakewood Cultural Center. Thirteen students from 12 schools and organizations across Colorado performed poems live on stage to celebrate poetry.
Today, Governor Polis and the Business Support division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that 40 grants have been awarded to small businesses in Colorado through the Small Business Accelerated Growth Program. These $8,000 grants will help small business owners across the state, from Arapahoe County to Chaffee County, identify and reach their target markets to increase sales and grow profits.
Today, Gov. Polis and the Cannabis Business Office (CBO) within the Colorado Office of Economic Development & International Trade (OEDIT) announced the Cannabis Business Loan Program for social equity licensed cannabis businesses in Colorado. The CBO has partnered with mission-based lender NuProject to provide financing that is not otherwise available to cannabis businesses through traditional lenders.
Today, the Polis administration and Rural Opportunity Office within the Colorado Office of Economic Development and International Trade (OEDIT) announced implementation grants for economic development regions across Colorado, providing $40,000 grants to help fund the development and implementation of Comprehensive Economic Development Strategies (CEDS). A planning tool encouraged by the U.S.
The Polis-Primavera Administration and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that defense industry startup Nooks, a veteran-owned Classified-Space-as-a-Service leader, has selected Colorado Springs for expansion. Here, Nooks will open its third and largest national location offering flexible access to classified facilities and associated networks for use by industry and government partners.
Today, the Polis Administration and the Colorado Employee Ownership Office, housed within the Colorado Office of Economic Development and International Trade (OEDIT), announced four new businesses transitioning to employee-ownership with the help of the Employee Ownership Office including Idaho Springs’ Beau Jo’s Pizza. These conversions are part of a growing trend of employee-ownership in Colorado and continue the work of the Polis Administration to save businesses money while ensuring that everyone can benefit when a business thrives.
Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) announced a new public-private initiative, TechHubNow!, to strategically position Colorado for designation as a Regional Technology and Innovation Hub (Tech Hub) under the CHIPS and Science Act. The U.S. Economic Development Administration (EDA) will be launching a competitive process to select 20 federally-designated Tech Hubs across the country, with $500 million in appropriated funding available in 2023 to help these hubs drive U.S.-based technology- and innovation-centric growth.
Governor Polis, Lt. Governor Primavera, and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) formally announced today that Intuitive Research and Technology Corporation (INTUITIVE), an aerospace engineering and analysis firm, has selected Colorado Springs for expansion. There, INTUITIVE will support the state’s leading aerospace and defense industry by providing engineering, analysis, problem solving and technical management support to government, defense and military clients.