In the Spotlight: Employee Ownership Showcases A Better Succession Model for Small Businesses

Colorado is leading the way in employee ownership, and we’re thrilled that it's making news across the state. Over the past year, several news articles have highlighted the Colorado Employee Ownership Office (EOO) and the advantages of employee ownership for small businesses. Research suggests employee-owned businesses create a more fulfilling work experience for employee-owners, including higher wages, reduced turnover, access to better benefits, and job security.

Bringing 893 New Jobs to Western Colorado: Morgan Mining to Expand Manufacturing Industry in Grand Junction and Mesa County

GRAND JUNCTION – Today, Governor Polis, the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT), and the Grand Junction Economic Partnership (GJEP) announced that Morgan Mining, a leading interdisciplinary construction, mining, engineering, and management firm, has selected Grand Junction, Colorado, for expansion. This project will grow the advanced manufacturing industry and create new, good-paying jobs in rural Colorado.

MEDIA ALERT: Saguache County Becomes a Rural Jump-Start Zone to Encourage Business Development and New Jobs

SAGUACHE — The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Saguache County has been designated as a Rural Jump-Start Zone. 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.

OEDIT Announces 17 New Recipients of the Cannabis Business Grant

DENVER – Today, the Business Support division of the Colorado Office of Economic Development and International Trade (OEDIT) announced 17 businesses selected to receive the Cannabis Business Office’s (CBO) Cannabis Business Grant, an innovative program to support small businesses, bolster the industry, foster equity and diversity in the cannabis industry, and create good-paying jobs for Coloradans.

MEDIA ALERT: Washington County Becomes a Rural Jump-Start Zone to Encourage Economic Development and Job Creation

The Business Funding & Incentives division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Washington County has been designated as a Rural Jump-Start (RJS) zone. This designation is intended to encourage economic development and job creation in rural communities across the state.

Governor Polis, DOLA and OEDIT Announce that Resiliency Roadmap Program Creates 842 Jobs and Almost $9.4M in Capital Across Rural Colorado

STATEWIDE – Today Governor Polis, the Department of Local Affairs Colorado Resiliency Office (DOLA CRO) and the Office of Economic Development and International Trade (OEDIT) announced program outcomes after closing out their three and a half year Regional Resiliency and Recovery Roadmaps program, which resulted in the creation of 842 jobs and formation of $9,386,882 in capital across rural Colorado.

Governor Polis Announces New Grants to Support Job Creation in Coal Transition Communities

RANGELY- Today, Governor Polis and the Office of Economic Development & International Trade (OEDIT) announced two Coal Transition Community grants to fund projects that will diversify local economies in western Colorado, including the Town of Rangely and the communities of Natarita and Nucla in the West End of Montrose County and Norwood in San Miguel County.