Tag: Economic Incentives
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Colorado approves millions in incentives for semiconductor manufacturer’s expansion
A service provider in the semiconductor industry, which operates a packaging facility in Colorado Springs, has been approved for millions in tax incentives from the state if it expands its U.S. operations in Colorado. At its regular meeting on Thursday, the Colorado Economic Development Commission approved more than $1.1 million in performance-based job growth tax…
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Edge R&D picks Douglas County for expansion
Edge R&D, an Arizona-based technology company, will expand to Douglas County, the Colorado Office of Economic Development and International Trade announced Tuesday. The company plans to hire almost 70 workers in the coming years for its business intelligence, data management and technology solutions work. Though it hasn’t picked an exact site, it’s looking in the…
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SheFly, made for women on the trails, tabs Gunnison for headquarters
A woman-owned and operated outdoor clothing retailer, SheFly, has picked Gunnison for its headquarters and plans to create up to 24 jobs in coming years, the Colorado Office of Economic Development and International Trade said Wednesday. The company’s name refers to its flagship product, a trademarked zipper design created for women’s pants. There’s a regular…
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Bioscience company announces Westminster expansion
Genapsys, a Silicon Valley-based bioscience company, will expand into Westminster and plans to hire up to 250 employees for its new location, officials said Wednesday. Genapsys develops technology that it says will pave the way for universal access to genomic information and make more advanced DNA studies easier for both academic and clinical researchers, company…
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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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‘Gas station in space’ aerospace company lands in Denver
Another aerospace company has picked Colorado to land its headquarters. Orbit Fab, which bills itself as the “Gas Station in Space,” will bring almost 200 new jobs when it moves to Denver from San Francisco, announced the Colorado Office of Economic Development & International Trade. “While there are several states with an aerospace presence in…
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$40 million Stanley Film Center in Estes Park back on track
Colorado’s Office of Economic Development and International Trade approved a financial agreement Thursday that will allow for the completion of the $40-million Stanley Film Center in Estes Park. While the first phase of the center, a theater and restaurant, is almost complete and ready to open, the rest of the project had stalled because of…
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New York-based Melio picks Colorado for U.S. expansion
Another tech company citing the culture in Denver as its main motivator announced expansion plans that could bring up to 250 jobs in the coming years. Melio provides an app-based payments platform for small businesses in the U.S. It’s currently headquartered in New York, with a research and development facility in Tel Aviv, Israel, and…
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Colorado OKs nearly $9 million in incentives to lure companies
Colorado’s Office of Economic Development and International Trade Thursday approved $8.9 million in job creation tax credit incentives to three companies if they locate or expand in Colorado. The companies, two of which won’t be named by the office until they agree to the move or expansion, range from an Australian fintech company to a…
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New Zealand company picks Denver for U.S. headquarters
Another international company has picked Denver for its U.S. headquarters. This time it’s FileInvite from New Zealand. The “software as a service (SaaS)” company pledged to create up to 144 jobs for a new Denver HQ, which officials said will help the tech company better serve almost 50% of its customer base, which is in…