Business Funding and Incentives

Helping Community Businesses Thrive: Governor Polis and OEDIT Announce 11 Grants to Support 58 Small Businesses

DENVER – Today, Governor Polis and the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) announced 11 Community Business Preservation grants to support community businesses and retain jobs across the state. These grants will be paired with training and consultation for 58

Growing Colorado’s Aerospace and Defense Industry: Polis Administration Secures Cyber Security Leader for Expansion in Colorado Springs

COLORADO SPRINGS – Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Invictus International Consulting, a Veteran-owned cybersecurity and technology integrator, has selected Colorado Springs for expansion. Invictus will provide cybersecurity and Internet Service Provider (ISP) engineering

Polis Administration Announces New SBDC Satellite Services to Support Business Development and Job Creation in Northwest Colorado

Today, Governor Polis and the Office of Economic Development & International Trade (OEDIT) announced Coal Transition Community funding to establish a Northwest Small Business Development Center (SBDC) satellite office in northwest Colorado. The new office will serve Moffat, Rio Blanco and Routt counties, supporting the creation and growth of small

Creating Housing and Jobs: Polis Administration Announces Modular Housing Loans to Create Up to 4,755 More Housing Units Per Year

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced funding to support the growth of eight modular housing manufacturers across Colorado. Collectively, these manufacturers are projected to create 4,755 housing units per year.

“Colorado needs more housing

Laying Groundwork for More Housing That is Affordable: Polis Administration Announces First Recipients of Proposition 123 Land Banking Funds

Today, Gov. Jared Polis, the Colorado Office of Economic Development and International Trade (OEDIT), and Colorado Housing and Finance Authority (CHFA) announced the first 16 recipients of the voter approved Proposition 123 Land Banking funds. This funding is intended to support Colorado communities as they acquire and preserve land for

Colorado and Wyoming Awarded Inaugural NSF Engines Award to Advance Innovative Climate Technologies

Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) congratulate the Colorado—Wyoming Climate Resilience Engine (CO-WY Engine) on its groundbreaking selection by the U.S. National Science Foundation (NSF) as an NSF Engines grant recipient. This prestigious award positions the CO-WY Engine to receive up to

Creating Jobs: Polis Administration Announces Toro Relocation and Job Creation in Weld County

Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Toro, a leading worldwide provider of innovative solutions for the outdoor environment, has selected the Town of Frederick in Weld County, Colorado for relocation. In Frederick, the company

Growing the Colorado Semiconductor Industry: Microchip to Expand in Colorado Springs

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) will join Microchip, a leading producer of semiconductor devices, and the U.S. Department of Commerce, to announce a historic preliminary memorandum of terms (PMT) resulting in $90 million to modernize