Tag: Economic Development Commission
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Colorado Springs electronics manufacturer adding 100 jobs as part of company expansion
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Soaring demand for sophisticated electronic devices that can be as small as a coin has helped propel a major expansion for a Colorado Springs company. Spectrum Advanced Manufacturing Technologies, a more than quarter-century-old microelectronics manufacturer and whose products serve the aerospace and medical industries, the Department of Defense, NASA and other clients, said Tuesday it…
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Colorado Economic Development Commission approves $14 million in incentives
Five companies could potentially bring nearly 1,300 new jobs across Colorado with economic development incentives to entice them. The Colorado Office of Economic Development and International Trade’s Economic Development Commission Thursday approved just over $14 million in economic incentives for five companies identified only by project names to keep the company’s names secret during negotiations. …
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Asteroid mining company eyeing Denver
Colorado’s Economic Development Commission on Thursday approved almost $2.5 million in economic incentives to lure two companies to the state, a move expected to create almost 550 jobs. The commission, under the Colorado Office of Economic Development and International Trade, decided that since the incentives are performance based — meaning the state doesn’t pay unless…
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Gov. Polis touts new aerospace branding campaign at Space Symposium
Colorado Gov. Jared Polis touched down at the 37th Space Symposium in Colorado Springs on Tuesday, met with several high-ranking military and Colorado aerospace company officials and touted the state’s new marketing/branding efforts to sell the state to more aerospace companies: AerospaceCO. “I walk away from this symposium, frankly, with my mind blown about the…
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Polis appoints former rival to economic post
Gov. Jared Polis has appointed his former gubernatorial rival, Republican Walker Stapleton, as his designee on the economic body that seeks to attract companies to Colorado and assists businesses with their expansion plans in the state. Stapleton, who lost to Polis in the 2018 governor’s race, served two terms as state treasurer. In a statement,…
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State office approves more than $13 million in economic incentives
The Colorado Office of Economic Development and International Trade’s Economic Development Commission on Thursday approved more than $13 million in economic incentives to entice four companies to either locate, or expand, in the state. The biggest incentive, $8.85 million in jobs growth state tax incentives, went to a corporate travel management company that’s looking to…
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Colorado approves $11 million to lure firms and jobs
An education technology, food-safety technology, bioscience and medical device company might be headed to, or expanding in, Colorado with the promise of more than $11 million in economic incentives to create more than 600 jobs, the state’s Economic Development Commission decided Thursday. The commission approves incentives presented by the Colorado Office of Economic Development and…