Colorado Continues to Rank Among the Best States
It’s the start of a new year and various institutions are coming out with their annual rankings. Once again, Colorado stands out as a premier place to create or expand a business.
Rural Development
Colorado Company Lands Deal on SharkTank and Finds Support through OEDIT programs
mountainFLOW Eco-Wax continues to grow support with “Shark Tank” appearance
Peter Arlein, founder and owner of Colorado-based mountainFLOW eco-wax, was incredulous at the email he was reading. A scout for the hit television show, “Shark Tank”, had seen him at the 2020 Outdoor Retailer at the Colorado Convention Center and wanted to know if he was interested in possibly being on the show.
State Extends #ShopLocalColorado Campaign with New Toolkit to Promote Sustained Support for Local Businesses
DENVER - The Colorado Office of Economic Development and International Trade (OEDIT) today announced the #ShopLocalColorado holiday campaign is being transformed into an ongoing campaign to spotlight and support Colorado’s dynamic small businesses.
Governor Polis to participate in Opportunity Zone Event to Promote Investment in Early Childhood Education
DENVER -- Governor Polis will join a virtual Opportunity Zone investment event on Thursday, January 28, from 10:30 a.m. to 12:00 p.m. to explore how Opportunity Zones can be investment catalysts for Colorado’s early childhood education needs.
Outdoor Recreation Roundtable Launches Rural Economic Development Toolkit
The Outdoor Recreation Roundtable (ORR) has launched a new toolkit for rural communities, aimed at helping them build their outdoor recreation economies. The Colorado Outdoor Recreation Industry Office (OREC) is excited to have helped build the toolkit as one of the first State-level members of the ORR.
U.S. EDA Awards $2.4 Million to Drive Colorado Tourism Industry Recovery
Grant tees up $3 million in recovery work, including $1 million in grants to stakeholders
Jan. 19, 2021 - The Colorado Tourism Office (CTO) has secured $2.4 million in CARES Act Recovery Assistance from the U.S. Economic Development Administration (EDA), funding recovery work that will include direct assistance for more than 30 Colorado destinations and up to 20 tourism-related industry groups.
State Partners with Foundations to Keep Colorado’s Community Theaters An Important Part of Rural Economies
Matching Grants Offer Operational Expense Relief for Theaters Weathering Pandemic and Studio Production Pause
Rural communities may qualify for federal economic development grants
Existence of program heightens chance of EDA approval
DENVER – Rural Colorado communities that were previously ineligible can now align their economic development projects with an approved Comprehensive Economic Development Strategy (CEDS) equivalent plan when submitting grant applications to the U.S. Economic Development Administration (EDA).
Six recipients selected for second cohort of Opportunity Zone Capital Accelerator Program
DENVER – The Colorado Office of Economic Development and International Trade (OEDIT) announced today that six businesses have been selected for the second round of assistance with opportunity zone businesses investment through the Opportunity Zone Capital Accelerator Program.