DENVER - Today, the Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the latest market study grant recipients of the Colorado CHIPS Community Support Program. These grants will support Colorado communities interested in starting or growing local and regional semiconductor and advanced industries, including support for 15 counties and two tribes across Colorado, from Archuleta to Routt to Yuma counties.

LONGMONT – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Stored Energy Systems (SENS), a provider of nonstop direct current (DC) power for critical infrastructure, has selected Longmont, Colorado for expansion.

The following projects were approved at the January 2025 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentives requiring approval for these kinds of projects are:

Job Growth Incentive Tax Credit

BOULDER - Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) joined members of Elevate Quantum, CU Boulder, Colorado State University, and Colorado School of Mines to celebrate the ribbon cutting of a new 13,000-square-foot facility in East-Boulder. Office space for growing quantum companies and state-of-the-art scientific equipment will give these entities a physical space to transform ideas for quantum technologies into products that will benefit consumers in Colorado and beyond.

In just the past year, institutions in Colorado won $290 million in federal funding to support deep tech industries, including semiconductors, quantum and climate resilience. Colorado’s strength at leveraging and winning federal funding opportunities will lead to higher paying jobs at numerous skill levels and bolstering our economy in key advanced industries. Each of the three mentioned industries addresses an urgent technological need and Colorado’s ecosystem—from its infrastructure to its workforce—displays the necessary commitment to finding solutions for these demands.

DENVER - Today, the Global Business Development Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced the first grant recipients of the Colorado CHIPS Community Support Program.

To celebrate another successful legislative session, we are pleased to highlight the bills that will support our office’s programs and introduce new initiatives that work towards our mission of empowering all to thrive in Colorado’s Economy.