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The big buzz in Colorado is about space. A growing cluster of aerospace companies in Denver continues to expand, drawing even more companies and talent to the region. Lockheed Martin, Sierra Space, Ball Aero- space and United Launch Alliance now all have operations here. The industry is also fueling new companies
and spinoffs like Red Canyon, which specializes in flight software and has partnered with Lockheed Martin on more than 20 interplanetary missions. United Airlinesannounced in June it will buy up to 270 new planes, a deal that would create 3,000 jobs in Denver in the next five years.
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 averagewage.
Colorado First Customized Job Training Program: Of fers up to $1,200 per employee in training by one of the state’s community colleges, provider of the company’schoosing or an in-house trainer.
Enterprise Zone Tax Credits: 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.
Colorado Office of Economic Development and International Trade
Economic Development Council of Colorado
Metro Denver Economic Development Corporation
Colorado Springs Chamber & Economic Development Corporation
The new Colorado Startup Loan Fund offers small grants and loans to entrepreneurs and small business owners who need capital they cannot obtain from traditionallenders. There is more than $31.35 million available in 2021.
10 Fortune 500 companies headquartered in state, including