Global Business Development

March 2024: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following project was approved at the March 2024 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

New High Tech Jobs: Polis Administration Announces Scythe Robotics Expansion in Colorado

DENVER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Scythe Robotics, a producer of advanced, commercial-grade autonomous solutions for the landscape industry, has selected Longmont, Colorado for expansion. The company has expanded its Boulder County

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

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

December 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the December 2023 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

Growing Advanced Industries in Colorado: OEDIT Announces Grants to 32 Colorado Startups and Researchers, Boosting Advanced Industries

Today, the Global Business Development division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that 25 Colorado companies and seven researchers have been awarded Proof of Concept and Early-Stage Capital and Retention grants through OEDIT’s Advanced Industries Accelerator Program. These grants help promote the growth

November 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the November 2023 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

October 2023: EDC Approved Job Growth Incentive Tax Credit and Strategic Fund Projects

The following projects were approved at the October 2023 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