In 2025, the Job Growth Incentive Tax Credit, the Strategic Fund Job Growth Incentive, and the Rural Jump-start Program supported the expansion and recruitment of 20 companies in Colorado. Collectively, these companies are projected to create 4,870 jobs across the state, in communities like Cañon City, Colorado Springs, Grand Junction, and the Denver metropolitan area. Here, we take a closer look at some of the companies choosing Colorado and the new technologies they are advancing in our state.
Boodlebox - Colorado Springs
Boodlebox is the leading platform for collaborative AI in higher education and selected Colorado Springs for its headquarters. The company provides students, faculty, and institutions with access to multiple premium AI models through a single, secure interface. The platform cuts AI operating costs and environmental impact by up to 96% while maintaining enterprise-grade security and compliance with the Family Educational Rights and Privacy Act (FERPA). In Colorado Springs, the company will tailor its services to college professors and students to support responsible collaboration with GenAI for class preparation, classroom teaching and learning, and assessments. The company expects to create 30 new jobs.
Bruin Waste Management - Grand Junction
With support from the state’s Rural Jump-Start Program, Bruin Waste Management will launch a new, independent division in Grand Junction focused on advancing recycling and materials sortation to better serve Western Colorado’s waste management and sustainability needs. The new division will provide services previously available to the region only in Utah, reducing transportation costs for western Colorado communities and creating up to 30 new primary jobs.
ITS, LLC - Colorado Springs
ITS is a minority-owned, certified Service-Disabled Veteran-Owned Small Business (SDVOSB) with extensive experience in cybersecurity, full scale enterprise IT, systems engineering, space systems and associated ground systems. Established in 2017, ITS provides engineering solutions and services to the government and commercial sectors. The Colorado Springs expansion will include a capital investment of $7,050,000 and the company expects to create 500 new jobs.
Morgan Mining - Grand Junction
A leading interdisciplinary construction, mining, engineering, and management firm, Morgan Mining selected Grand Junction, Colorado, for expansion. The company provides specialized mining labor, production management, and mining supplies for mining operations and other ancillary services. The new site will serve as a hub for product and material suppliers to consign substantial inventory and equipment that will provide faster delivery to end users. In Mesa County, Morgan Mining expects to create 893 new jobs.
Mytikas Manufacturing - Cañon City
A producer of sustainable, high-efficiency galvanized steel components and zero-waste tiny homes, Mytikas Manufacturing is the first Fremont County business to join the Rural Jump-Start program. The company, which utilizes high tech extrusion equipment, is projected to create 170 new jobs in Fremont County and deliver cost-efficient, durable, and eco-friendly housing solutions.
Raven Space Systems - Broomfield
A 3D printing company that specializes in aerospace-grade composites, Raven Space Systems selected Broomfield, Colorado, for its headquarters and manufacturing facility. The company’s patented Microwave Assisted Deposition (MAD) 3D printing technology rapidly manufactures aerospace-grade thermoset and ceramic composites by curing materials immediately after deposition. Applications include hypersonics, propulsion systems, reentry vehicles, satellites, aircraft, missiles, and rockets, among others. Raven expects to create up to 392 new jobs.
RK Industries - Aurora
A Colorado-based leader in construction, manufacturing, advanced fabrication, and building services solutions, RK Industries announced plans to expand operations in Aurora. The 154,488-square-foot facility will house RK Industries’ headquarters and four of the company’s eight businesses: RK Industries, RK Mechanical, RK Service, and RK Electrical, along with RK Foundation. RK Industries chose Colorado for its existing strong roots in the state and the robust advanced manufacturing sector. The company expects to create 1,786 new jobs.
Stored Energy Systems - Longmont
Stored Energy Systems (SENS) provides nonstop direct current (DC) power for critical infrastructure, and will be expanding its operations in Longmont. The company focuses on minimizing the risk of system downtime and provides integrated power systems, battery chargers and battery monitoring solutions for life support systems such as hospitals, utilities, communications services, energy exploration and transportation. In Longmont, SENS expects to create 314 new jobs. Recognizing its strategic importance to the state, the company was approved for both a Job Growth Incentive Tax Credit and a Strategic Fund Job Growth Incentive.
Swisspod - Colorado Springs
As a designer and manufacturer of high-speed vehicles and subsystems for transportation assets, Swisspod aims to transform the way people and goods move. The company has developed patents for propulsion and levitation technologies that have the potential to transform current track-based transportation systems and extend into industries like aerospace and automotive. Now, Swisspod is expanding its North American presence with a new manufacturing and assembly facility in Colorado Springs projected to create up to 107 new jobs.