Grants available for minority and women-owned Colorado businesses interested in exporting

 

The Colorado Minority Business Office announced that a new round of export grants are available to minority and women-owned small and medium-sized businesses in Colorado. Grants of up to $10,000 are available to companies that are new to exporting or are expanding into new export markets.

The Colorado Small Business Development Center, in an effort to provide an educational pathway and equip small and medium-sized Colorado businesses to develop a strategic plan for export markets, is covering the cost of the 48-hour course available in-person or via recorded webinar, providing valuable information for small businesses on all aspects of international trade. The World Trade Center and the Office of International Trade are aiding in the selection of grant awardees as well as providing subsequent consulting to the recipients of the grant.

Export grants encourage Colorado’s small and medium-sized business owners to develop a strategic plan for export markets. Grants may be used for international business development and marketing projects including client development, foreign trade shows and conferences, trade missions, foreign business-to-business matchmaking services, targeted overseas advertising and more.

Businesses interested in applying for a grant must attend the Leading Edge for International Opportunities course. Completion of the course will provide businesses with certification and complimentary annual membership to the World Trade Center of Denver, and attendance to the 2017 WTC Annual Meeting.

The deadline for grant applications has been extended to May 31st, 2017 at 5 p.m. Late acceptance will be approved based on individual exceptions. To find out if your business is eligible and to apply, please visit http://www.mbocolorado.com/funding-incentives/export-grants

Deadline Extended 05/31/2017

Copa Airlines announces new nonstop service between Denver and Panama

Copa Airlines {NYSE: CPA}, a subsidiary of Copa Holdings, S.A. and member of the Star Alliance global airline network, announced that starting Dec. 11, 2017, it will begin nonstop service four times a week between Denver International Airport in Denver, Colo., and Copa’s Hub of the Americas at Tocumen International Airport in Panama City, Panama. Denver will be the airline’s 13th U.S. destination and its 74th overall.

“New air service continues to drive economic activity and create new jobs in Denver,” said Denver Mayor Michael B. Hancock. “Copa’s new service to Panama City will further strengthen Denver as a global destination for commerce, trade and culture.”

Almost 4 million people live within a one-hour drive radius from Denver International Airport. Currently, more than 30 passengers a day fly between Denver and Panama; demand to Central and South America totals nearly 700 passengers per day. Copa’s nonstop flight will enable Denver passengers to arrive in Panama 2-3 hours sooner than via other airlines.

“Copa plays a significant role in the development of business and tourism throughout the Americas,” said Copa Airlines CEO Pedro Heilbron. “We expect the addition of Denver, our newest U.S. destination, to generate business and leisure travel not only between Colorado and Panama, but also to our more than 55 destinations throughout Latin America and the Caribbean.”

Copa’s Denver-Panama schedule creates connectivity with United markets beyond Denver, including Albuquerque, Minneapolis, Omaha, Seattle, and Phoenix, as well as more attractive Latin American travel schedules for connecting passengers on other airlines, Heilbron explained.

From the Hub of the Americas, Copa Airlines offers flights to more international destinations than any other airline from any other hub in Latin America. The new Denver-Panama flight is timed to provide convenient connections to Central and South America, especially to San Jose, Costa Rica; Lima, Peru; Bogota, Medellin and Cali, Colombia; seven cities in Brazil, including Sao Paolo and Rio de Janeiro; Santiago, Chile, and Guatemala, among others. In-transit passengers making connections do not have to make immigration or customs stops in Panama, and baggage is checked to the passenger’s final destination.

“We are pleased that Copa has committed to serve Panama City nonstop from Denver,” said DEN CEO Kim Day. “These flights will connect Denver travelers with another global airline hub, providing unparalleled access to growing markets across Central and South America.”

Copa flight CM 477 will depart Denver on Monday, Wednesday, Friday and Saturday at 10:30 p.m., arriving at the Hub of the Americas in Panama at 6:05 a.m. the following morning. The return flight, CM 476, will depart Panama on Monday, Wednesday, Friday and Saturday at 11:50 a.m., arriving in Denver at 4:12 p.m. All times are local; flight time is approximately 5 ½-hours. The flight will be operated with a Boeing 737-800 Next-Generation aircraft, with seating capacity for 16 passengers in Business Class and 138 in the main cabin.

On-board service includes complimentary meals and beverages, including wines and spirits; a 12-channel audio-visual entertainment system in English, Spanish and Portuguese, with new movies monthly and complimentary headsets. Flight attendants are bilingual. Passengers may check two bags weighing up to 50 lbs. free of charge.

Established in 1947, Copa Airlines transported more than 12.8 million passengers in 2016. Currently Copa Airlines operates an average of 350 daily departures and arrivals through its Hub of the Americas, offering the most international flights of any airport in Latin America. Copa is ranked the most on-time airline in Latin America and the No. 2 worldwide.

Boeing projects passenger traffic for Latin America and the Caribbean to average 5.8 percent growth per year for the next 20 years.

CU Boulder: Growth in Colorado business filings bodes well for future employment levels

New business filings exhibited strong growth in the first quarter of 2017, raising future employment expectations, according to a report by CU Boulder released today by Colorado Secretary of State Wayne Williams.

However, the report – prepared by CU Boulder’s Business Research Division at the Leeds School of Business using data from the secretary of state’s business registry – notes differences in employment levels between the urban and rural parts of the state, with job growth in communities outside of the metropolitan statistical areas lagging.

The report looks at a variety of factors, including new business filings, business renewals, construction and the unemployment rate, both in Colorado and nationally.

“The economic conditions in rural Colorado warrant continued monitoring, but the solid growth in most Colorado economic indicators – coupled with the high level of optimism from our business leaders – is very encouraging as we move ahead in 2017,” said Williams.

The secretary of state’s business and licensing division recorded 32,450 new business filings in the first quarter of 2017, a 9.3 percent increase over the same period in 2016. Over the 12-month period ending December 2016, there were 112,295 new business filings in the state, also showing growth compared with the year prior.

“While the indicators are positive, we continue to keep our eye on capacity issues in Colorado,” said economist Richard Wobbekind, executive director of the Business Research Division. “We need to understand how much the low unemployment rate and the availability and affordability of housing may constrain growth in the short term.”

Existing entity renewals totaled 139,876 in the first quarter of 2017, increasing 17.3 percent compared with the fourth quarter of 2016, after two consecutive quarters of flat growth, according to the report. Also, entities in good standing reached a new peak in the first quarter, increasing 6.1 percent year-over-year.

Download the economic indicators report

ACT NOW! Support Reform for Construction Defects

SB17-156 Homeowners’ Association Construction Defects Lawsuit Approval Timelines is set to go to the House Committee on April 19. We need your help by contacting key legislators to help them understand the importance of granting this important bill a fair hearing. ACT NOW

Share the Facts about SB17-156:

  • Provides a common sense and balanced solution that protects consumers from faulty construction while also increasing diverse and more affordable options for home ownership
  • Encourages construction of housing options that are within reach of many first time homeowners, seniors, young professionals and others who have effectively been blocked from home ownership at a time when the state’s rental market has skyrocketed
  • Defines a quick resolution process for homeowner associations who are trying to correct construction defects, while also protecting homeowners who are trying to re-sell or finance their homes from actions taken by their boards without their consent or knowledge.
  • Does not preclude a single homeowner from pursing legal action for allegations of construction defects against a builder
  • Encourages new multi-family development near light rail and transit stations that provide easy access to commuting, shopping and urban-living options
  • Provides a more stable environment for many Coloradans who have been precluded from putting down strong roots and for cities and towns which are finding it more difficult to build established and less transient communities

How can you participate in the conversation?

  • Join HOA Colorado on social media and ignite a Twitter storm. Use the hashtag #NoPlaceLikeHomeCO to tweet about the benefits of SB17-156 and follow them @Housing4CO
  • Share and “like” posts on Facebook at Housing4CO
  • Write a letter to the editor in support of SB17-156. Submit to The Denver Post or your local paper

Recent Articles:
Denver Post Article
The Gazette Article

National Economic Development Week May 8-13 — Download the Colorado Planning Toolkit Today

This year the Colorado Office of Economic Development and International Trade (OEDIT) is partnering with the Economic Development Council of Colorado (EDCC) to celebrate the work of local economic developers like you during National Economic Development Week, May 8-13.

Economic Development Week is an ideal time to bring supporters in your community together to learn about programs your economic development office offers. It is also a great time to share successes your EDO has seen in the prior year. Here are a few reasons why you may want to create a special Economic Development Week campaign for your community:

  • Recognition by your community of achievements with economic development
  • Exposure of the economic development industry as a driving force behind local economies
  • Highlight interaction between economic development organizations and community members

To assist with your planning, OEDIT has created a Colorado-specific Economic Development Week Toolkit, which includes:

  • Links to sample proclamations which can be passed by your local leadership to help recognize your work
  • Links to sample press release which you may download, modify and distribute
  • Sample blog you can customize and post on your website
  • Sample social media posts and contest information

Download (PDF, 1.01MB)

There are additional resources available on the International Economic Development Council website at iedconline.org.

We encourage you to connect and celebrate with your peers through social media. Use the hashtag #econdevweek or #edw2017 and tag @ColoradoEcoDevo whenever posting on your channels and make sure to participate in OEDIT’s Facebook contest to win some great prizes.

We also want to take a moment to thank you for the tireless work you do to make Colorado vibrant. We know that economic developers like yourself promote economic well-being and quality of life for your communities by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. We thank you for your continued collaboration and partnership with the State and we look forward to our continued success.

Colorado SBDC Network receives national accreditation

The Colorado Small Business Development Center (COSBDC) Network is not only celebrating 30 years of supporting small businesses in Colorado, but has earned full accreditation from the Association of Small Business Development Centers, the national accrediting body for Small Business Development Centers under contract from the U.S. Small Business Administration.

The America’s SBDC Accreditation Committee voted to fully accredit the COSBDC program with commendations and announced this at the America’s SBDC semiannual meeting in Washington, D.C. in February.

“This seal of approval is the result of the skills and expertise of the network’s staff and the impact of their work in helping small businesses grow and prosper,” said COSBDC Network director Kelly Manning. “The entire Colorado team does a truly outstanding job supporting small businesses and making Colorado’s economy the best in the nation.”

The COSBDC also received accreditation in technology and is now a “T” designated state, one of only a handful in the country. This enables the COSBDC to focus on businesses with less than 25 employees on the use of technology and technology companies to commercialize, apply for SBIR/STTR grants and strategize on growth opportunities, to mention a few offerings.

“Colorado’s tech scene is thriving and the State is becoming an innovation hub. We are in the top five US states for entrepreneurship and innovation with an influx of top tech talent as of late,” said Manning. “Having a “T” designation only further allows us to support this growing community of start-ups based within the State.”

Federal statute mandates that every five years, SBDC programs undergo a robust review to continue program eligibility and funding. This review process is based on the Baldridge Performance Excellence Program that ensures effectiveness and efficient program delivery.

Reaching full accreditation helps to eliminate inconsistencies between the nationwide network of 1,000 SBDC locations and over 4,000 SBDC business advisers, and creates a standard that defines excellence while providing an approach to achieving the highest performance. No other publicly-funded program undergoes the accountability examinations and reviews that SBDCs receive.

To learn more about the COSBDC and its no-cost, confidential consulting services go online to coloradosbdc.org or call the Small Business Navigator at 303-592-5920.

Dream Big Eads Event Inspires Rural Colorado Youth into STEM Careers

On April 27, the Colorado Office of Economic Development and International Trade (OEDIT) will host over 250 students from 12 southeastern Colorado school districts for the second annual Dream Big Event at Eads High School in Eads, Colo.

The event will connect rural students with industry leaders and professors from Colorado’s top technology companies and universities in order to increase students’ exposure and interest in pursuing careers in STEM related fields through hands-on demonstrations and interactive activities.

“The Dream Big Event is designed to introduce students to industries like aerospace or cybersecurity that they might not know of or understand, ” said Colorado’s aerospace and defense industry champion Jay Lindell. “We want to inspire the students to dream big about the infinite opportunities they have to improve our world through STEM careers.”

During the event, students will be divided into groups and will rotate through five inspiring technology learning areas that will include engaging presentations, hands-on demonstrations and interactive activities. Students will also have the opportunity to take a virtual trip to Mars courtesy of the Challenger Learning Center, fly assisted in a Cessna 182 aircraft courtesy of Wings Over the Rockies Air & Space Museum, and experience the internet of things in the NXP Smarter World Tour Mobile Station with 180 technology demos.

In addition, there will be a Resource Fair for the students, featuring Colorado technology businesses and organizations, photo opportunities with pilots, and a Colorado National Guard humvee and helicopter display. Representatives from Colorado NASA will also be in attendance.

This is the second year for the event. In 2015, over 300 students from northeastern Colorado convened at Revere High School in Ovid, Colo. to participate in the first Dream Big Event. The Kiowa Economic Development Foundation along with six other southeast Colorado economic development organizations saw the success of the inaugural event and wanted to bring the event to Eads.

“After an exhilarating conference call with Jay Lindell, we just knew we had to bring the Dream Big Event to southeastern Colorado,” said Jan Richards with Kiowa County Economic Development. “We can’t wait to provide area youth with the most amazing learning experience they can receive in one day. We know our students will be dreaming big about STEM careers.”

Learning Area Demonstrations and Activities:

  • Space – Blast off to Mars
    • Students will learn about the MARS Basecamp project, develop a plan for survival on Mars, and build a Mars Lander prototype. Presenters will talk about the possibilities that exist within STEM fields in support of the aerospace industry.
    • Partners: 100 Year Starship, Colorado Space Business Roundtable, Sierra Nevada Corporation, United Launch Alliance, Lockheed Martin Space Systems, Ball Aerospace and The Space Foundation
  • Unmanned Air Systems and Robotics – Our New Future
    • Students will learn about both the unmanned air systems and robotics industries through an inspiring video. The UAS demonstrations will include flight programming or payload operation, and the robotics demonstrations will include introductions to Solidworks and Matlab software, and operation techniques.
    • Partners: Trinidad State Junior College, UAS Colorado, Apex Unmanned, Pueblo Police Department – SWAT team, UAS4STEAM and Reference Technologies
  • Cybersecurity – The New Threat
    • Students will learn about Cybersecurity careers and industry opportunities, including what skills and classes are needed for the marketplace. Students will participate in internet of things (IoT) demonstrations featuring a “hunt skill” exercise and internet security breach.
    • Partners: Secure Set and National Cybersecurity Center
  • Aviation – You Can Fly!
    • Students will be introduced to a snapshot of Aviation careers, both in the cockpit and outside it. Students will learn the many ways they can be part of aviation – managing airports, working in companies building aircraft, air traffic control, flying planes and more. Students will meet pilots of the Metro State University Precision Flight Team and use a “Red Bird” flight simulator.
    • Partners: Metro State University Aviation and Aerospace Department, Metro State Precision Flight Team, Shades of Blue and CDOT – Aeronautics
  • Advanced Manufacturing – Forging Ahead in Colorado
    • Students will learn about advanced manufacturing through the lens of additive manufacturing and 3D printing and its role in aerospace and related industries. Students will design projects for a 3-D printer that will be onsite and interact with graduate students from ADAPT center. Software will be donated to the Eads School District.
    • Partners: Faustson Tool, Colorado Schools of Mines, Manufacturers Edge and The 3-D Printing Store

*Please note: activities and speakers are subject to change

WHAT: Dream Big Eads Event

WHEN: Thursday, April 27, 2017

TIME: 9:00 am to 3:00 pm

WHERE: Eads High School, 210 W 10th Street, Eads, CO 81036

PURPOSE OF EVENT: Inspire rural Colorado students to pursue STEM careers with hands-on demonstrations and real-life simulations, and build the workforce of the future in Colorado’s key industries

Grand Junction, Colo., to move forward on $30 million combined business park and recreational development

City Manager Approved to Negotiate Lease and Incentive Package to Retain Outdoor Recreation Company Bonsai Design as the Anchor Business for the New Business Park

Grand Junction City Council authorized City Manager Greg Caton to negotiate a proposal to retain Bonsai Design, a well-known business in the outdoor industry that designs and builds aerial adventure courses around the U.S. This signals a first, but significant step toward creating a $30 million business park and recreational development in downtown Grand Junction, Colo. – and a concerted effort by multiple local public and private partners to brand “River City” as the number one destination for outdoor recreation businesses in the country.

“The prospect of this business park and public outdoor amenity combining downtown is simply unlike anything we have seen here before, and frankly unlike anything in Colorado. This is an unbelievable opportunity for Grand Junction,” said Grand Junction Mayor Phyllis Norris.

The proposed new business and recreational park will be funded through a public-private partnership with a projected $10 million public investment and $20 million private sector investment.

The business park will host 10-15 acres of sites available for businesses in the outdoor recreation industry, including light manufacturing. The business sites will be surrounded by amenities open to the public, such as a lake for water sports, a dog park, volleyball courts and minor retail/commercial operations.

“We couldn’t be more excited to expand and grow our business on the riverfront right here in Mesa County,” said Thaddeus Shrader, CEO and Owner, Bonsai Design. “Instead of taking the bait and moving to another community where this work environment is already established; [co-owner] Sarah [Shrader] and I decided it was worth it to dig in and create a next generation live-work-play opportunity for our employees and other businesses considering a move to [Colorado’s] Grand Valley.”

Bonsai Design plans to invest $2 million into new facilities including a $600,000 R&D facility on the new site, which will include zip line and challenge courses open to the public. Other business tenants are expected to follow suit with similar improvements.

The City Manager will negotiate a lease of 4 to 4.5 acres of Las Colonias, a public park, to Bonsai Design for $20,000 per year over 25 years, as part of the company’s retention package. The City further agrees to contribute $1 million toward the construction of the new facilities and will waive certain fees, as well as real and business personal property taxes over a 10-year period, totaling approximately $117,000. The State of Colorado has already agreed to provide the company $75,000 in cash incentives to support new job creation.

In return, Bonsai Design will add 15 new employees at the new facility, totaling 50 employees with an average salary of $55,000. The expected economic impact from Bonsai Design alone is over $20 million on the rural Colorado community.

Bonsai Design started in Grand Junction in 2004 with two employees. In 2012, the company moved out of the Shraders’ home and into a renovated historic train station in downtown. A developer recently purchased that building with plans to develop a boutique hotel, leading Bonsai Design to seek new grounds. The company was actively being recruited by other communities, most prominently Carbondale, Colo., and Ogden, Utah, when the Shraders began collaborating with the City of Grand Junction and the Grand Junction Economic Partnership (GJEP) about their vision for a riverfront business district in Las Colonias Park.

The project will roll out in phases over an 18-month period, with multiple checkpoints and additional Council hearings to approve each milestone of the project. The first phase, which is expected to be completed before year-end, will include four pads within the business park, two of which will be occupied by Bonsai Design. Bonsai Design will also join GJEP in efforts to recruit additional tenants to the business park.

“We are hearing from more and more companies, like Bonsai Design, that they want to build in a place where they can provide their employees with a stellar quality of life rooted in the outdoors,” said Kristi Pollard, GJEP Executive Director. “Colorado’s Grand Valley is that place.”

Grand Junction Economic Partnership - Business Park

 

 

OEDIT Launches Next Round of Blueprint 2.0 Initiatives Based on Successes, Opportunities of Round 1

The Colorado Office of Economic Development and International Trade (OEDIT) announced it is accepting applications for the next round of Blueprint 2.0 initiatives for 2017. Applications are due June 2 — Rural Communities Encouraged to Apply

“In our continued effort to identify opportunities for the entire state to share in our overall economic vitality, this program provides support to rural communities who are committed to strengthening their economy,” said Gov. John Hickenlooper.

Blueprint 2.0 leverages state partnerships and specialized resources to address the unique economic development goals of rural Colorado. Blueprint 2.0 is a bottom-up effort to turn regional feedback on local economic needs into a statewide set of initiatives to advance the economies of rural communities.

“The first round of the Blueprint 2.0 initiatives were very successful and provided a framework for local communities to create plans that address their needs,” said OEDIT executive director Stephanie Copeland. “We are excited to launch the next round and look forward to working with communities across the state.”

Based on participant feedback, community successes and economic opportunities the next round of Blueprint 2.0 will offer 10 initiative options, with six new initiatives. The initiatives include:

Continued Initiatives:

  • Brand Building for Communities
  • Tourism Promotion and Development
  • Tiny Homes Workshop
  • Grow Your Outdoor Recreation Industry

New Initiatives:

  • Coworking 101- Partner with Proximity Space
  • Community Placemaking- Partnership with DOLA and Community Builders
  • Certified Small Business Community
  • Film and Major Production Initiative
  • Creativity Lab of Colorado- Partnership with Creativity Lab
  • Data-Driven Approach to Economic Development

“We found from the first round of Blueprint 2.0 which initiatives were most successful, and what new opportunities needed to be addressed,” said health and wellness champion and senior regional manager for regional development Meridith Marshall. “We are excited to be helping communities address everything from placemaking and branding to housing and economic development.”

Communities interested in a Blueprint 2.0 initiative are encouraged to apply online, and will be asked to demonstrate collaboration, strong local leadership and solid support for the initiative they chose to pursue. Initiative descriptions and program application are available online on the Blueprint page on choosecolorado.com.

Download (PDF, 156KB)


In 2016, OEDIT led 27 initiatives, of 10 different offerings, in 10 of Colorado’s 14 regions. One such community was Delta County who was chosen for the Strengthen Your Local Business Brand Initiative. Colorado’s chief marketing officer, Liz Cahill, along with marketing experts from Development Councilors International (DCI) helped the community develop a clear, unique brand, positioning statement, initial target audience, key messages and visual identification (logo).

“The bottom-up approach of the Blueprint 2.0 program works well in rural communities like ours where people are passionate and value local decision making,” said Trish Thibodo with Delta County Economic Development (DCED). “The support we received through the Branding Initiative was invaluable and has set us up for success with attracting businesses and families to Delta County.”

Interested communities are encouraged to contact OEDIT to discuss project eligibility prior to applying. The application is available online at choosecolorado.com. Applications and all supporting documents must be submitted to OEDIT by June 2. Award decisions will be made by July 15.

Questions about the program or application process should be directed to Danielle Lendriet at (303) 844-3711 or danielle.lendriet@state.co.us.

 

Colorado builds more than spacecraft: State’s innovative partnerships develop aerospace talent and industry capabilities

Located one mile closer to space, Colorado’s aerospace companies, education institutions, and state leadership are growing aerospace talent and capabilities as the state’s aerospace industry continues to expand.

In 2016, the number of Colorado aerospace companies grew by 5 percent, and the state is now home to nearly 500 companies and suppliers providing space-related products and services. Eight of the nation’s leading aerospace contractors are headquartered in Colorado, along with major U.S. Department of Defense (DoD) facilities, NASA research and development activities, and top-ranked universities for aerospace. Collectively, these groups are leading the country’s space projects and creating a strong ecosystem for startups, research, and training in the sector.

“Colorado’s aerospace economy continues to stand front and center on the global space stage,” said Governor John Hickenlooper. “Our world-class companies, leading university programs, and high-level research facilities provide diverse opportunities in the aerospace industry that reinforce our global competitiveness.”

The dynamic collaboration between industry, education, and workforce development in Colorado is a powerful driver of growth and investment in Colorado aerospace, and a key component to its status as the second-largest space economy in the United States.

For example, with funding from the Colorado Department of Labor and Employment, Blackfox Training partnered with Lockheed Martin to create a first-of-its-kind program that trains veterans with skills and certifications in critical electronics assembly work for a career path in the aerospace/defense industry. Additionally, startup company York Space Systems—which plans to build 150 to 200 satellites a year— is moving its headquarters and manufacturing facility into the Metropolitan State University of Denver’s new Aerospace and Engineering Sciences Building.

“York Space Systems believes in Colorado’s future as an aerospace hub, and this partnership presents a unique opportunity to support the training, education, and employment of future industry professionals,” said Dirk Wallinger, CEO and co-founder of York Space Systems. “The public-private partnership agreement with the University will not only further the growth trajectory for the community, but provides students with a unique, hands-on opportunity to be a part of the future of aerospace engineering and technology.”

Colorado is also continuing to grow its aerospace capabilities is through the state’s Advanced Industry Accelerator (AIA) grant program, which increases access to early-stage capital and encourages public-private partnerships among the state’s advanced industries, including aerospace.

Since 2013, the AIA program has awarded more than $35 million to nearly 230 organizations. Among the aerospace-focused initiatives funded through this program, Faustson Tool, Ball Aerospace & Technologies Corp., and Lockheed Martin, contributed more than $4 million in cost share to create the Alliance for the Development of Additive Processing Technology (ADAPT) center, a world-class characterization center for additive materials headquartered at the Colorado School of Mines.

Other Colorado initiatives drive collaboration among industry stakeholders, researchers, and educators. The University of Colorado Boulder’s AeroSpace Ventures (ASV) initiative brings together aerospace engineering and earth and space science faculty, students, and industrial researchers to solve complex problems leading to new discoveries and innovations. The Catalyst Campus for Technology and Innovation, based in Colorado Springs, is developing a collaborative infrastructure program for the aerospace and defense industry—a campus where industry, workforce training, entrepreneurs, and venture capital—intersect with the diverse resources of a technology campus to create community, spark innovation, and stimulate business growth.

“The Colorado aerospace community—large, small, public, and private—is committed to working together to grow our talent pipeline,” said Jay Lindell, Colorado’s aerospace and defense industry champion. “It’s because of this collaboration that Colorado is fostering innovation and leading groundbreaking projects for the space industry.”

To learn more about how Colorado is growing talent for its diverse space economy, visit the Colorado Space Coalition’s website at www.spacecolorado.org.

About the Colorado Space Coalition
The Colorado Space Coalition (CSC) is a group of industry stakeholders working to make Colorado a center of excellence for aerospace. CSC members–including space companies, military leaders, academic organizations, research centers, and economic development groups–promote Colorado’s significant space assets as well as advancing legislation vital to industry growth and success. The CSC is an industry affiliate of the Metro Denver Economic Development Corporation. To learn more, see www.spacecolorado.org and www.metrodenver.org/CSC.