CEO Guide to Site Selection

Colorado

FLYING HIGH IN THE CENTENNIAL STATE

Colorado continues to maintain its pandemic rebound momentum, outpacing many states in economic performance and a low unemployment rate. Aerospace remains a hot sector and is in a strong period of growth, now directly or indirectly employing more than 274,000 residents. The state also leads in per-capita aerospace employment, with more than 500 companies in the aerospace ecosystem. U.S. Space Command is head- quartered at Peterson Space Force Base, and the state is home to companies like Boeing, DISH, Ball Aerospace, Ursa Major and Maxar Technologies.

“As a businessperson, I am excited about the progress our administration has made to attract and secure new businesses, help support existing companies and support the creation of more good-paying jobs for Coloradans.”
Jared Polis
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Business Tax Climate Index ranking

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2010 and 2020

KEY INCENTIVES

Job Growth Incentive Tax Credit: Offers a state income tax credit for businesses that create at least 20 jobs with annual wages of at least 100% of the county average wage.

Colorado First Customized Job Training Program: Offers up to $1,200 per employee in training by one of the state’s community colleges, provider of the compa- ny’s choosing or an in-house trainer.

Enterprise Zone Tax Credit: Offers a variety of investment and workforce tax credits for companies operating in economically distressed areas.

Strategic Fund: Offers up to $5,000 for each job created with average annual wages of 140% of the average county wage.

EDCs

Colorado Office of Economic Development and International Trade
choosecolorado.com

Economic Development Council of Colorado
edcconline.org

Metro Denver Economic Development Corporation
metrodenver.org

Colorado Springs Chamber & Economic Development Corporation
coloradospringschamberedc.com

HIGHLIGHTED PROGRAM OR INITIATIVE

Announced in June 2021, the Employee Ownership Tax Credit offers Colorado-headquartered businesses and their employees an incentive to establish employee stock ownership plans, worker-owned cooperatives and employee ownership trusts. It covers up to 50% of a qualified business’ conversion costs for use on its state income taxes.

BIG DEALS

  • Women-owned outdoor clothing company SheFly announced in January 2022 it will locate its new head- quarters in Gunnison.
  • Australian ticketing platform Humanitix announced in January 2022 that Denver will be its U.S. headquarters and plans to create more than 200 jobs.
  • Bluestaq announced in March 2022 a large expansion in Colorado that will create more than 585 jobs.
  • Agricultural company Greenfield Holdings announced in April 2022 it would locate its new headquarters in Denver.
  • Naked Wines announced in May 2022 it will locate its second headquarters in Denver and create more than 250 jobs.
  • Prost Brewing Company announced in June 2022 it will locate its new headquarters in Northglenn and create more than 200 jobs.
  • Virta Health announced in September 2022 it will locate its new headquarters in Denver.

BIG COMPANIES

9 Fortune 500 companies headquartered in the state:

  • Arrow Electronics
  • DISH Network Qurate Retail Ball Aerospace Newmont DaVita
  • Liberty Media DCP Midstream Virtual Energy
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.