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CEO Guide to Site Selection

Colorado

QUANTUM GROWTH

Colorado is on track to become the quantum hub of the country in coming years, as federal funding and the hub designation will pave the way for new development. Elevate Quantum (EQ) is one of 31 tech hubs and was selected for $40.5 million in funding from the Economic Development Administration in July 2024. Establishing the state as a global hub for quantum computing is projected to create a $1 billion economic impact and more than 10,000 new jobs in the next five years.

“By supporting our workforce, enhancing our high quality of life and lowering costs, we are making Colorado the best state for anyone to start, relocate or grow a business. Creating more good-paying jobs for hardworking Coloradans, my administration continues to encourage companies like WMD Squared to move to the free state of Colorado, and we are thrilled that 42 good new jobs are coming to town.”
Jared Polis
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

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 2020 and 2023

KEY INCENTIVES

Job Growth Incentive Tax Credit: Offers a state income tax credit equal to 50% of the Federal Insurance Contributions Act (FICA) paid by the business on the net new job growth for each calendar year in the credit period.

Strategic Fund Job Growth Incentive: Offers a cash payment to companies that create and maintain new permanent jobs in Colorado for one year.

Skill Advance Colorado Job Training Grant: A customized job training program that focuses on companies relocating to or expanding in Colorado and provides funds to net new hires.

Advanced Industries Accelerator Program: Supports job creation and innovation for businesses creating advanced technologies and operating in one of Colorado’s seven advanced industries.

Rural Jump-Start Tax Credit: Helps new businesses start in or move into rural, economically distressed areas and hire new employees.

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

The new Colorado Technology Hub Development Grant awards offer funding in key technology areas to grow regional economies and create new job opportunities. The awards grew out of the TechHubNow! Initiative, a public-private initiative launched
to position the state for federal designation as a Tech Hub under the CHIPS and Science Act. In 2024, awards went to companies focused on developing the state’s clean tech, infrastructure, cyber and aerospace and defense industries. 

BIG DEALS

  • Microchip, a leading producer of semiconductor devices, announced in January 2024 a $90 million expansion and 400 new jobs at its facility in Colorado Springs.
  • Invictus International Consulting announced in February 2024 an expansion and 130 new jobs in Colorado Springs.
  • Developers broke ground in September 2024 on the Quantum Tech Park in Arvada. The 70-acre quantum technology park will eventually help create 10,000 jobs in the coming years.
  • UK-based Bet365 announced in September 2024 it would locate its new headquarters in Denver and create nearly 1,000 jobs.
  • Solid Power announced in September 2024 a $50 million expansion at a facility in Thornton that will create 40 jobs.
  • WMD Squared Engineering announced in October 2024 an expansion and 42 new jobs in Colorado Springs.

BIG COMPANIES

Nine Fortune 500 companies headquartered in state:

  • Arrow Electronics
  • Ball
  • DaVita
  • EchoStar
  • Liberty Media
  • Newmont
  • Ovintiv
  • Qurate Retail
  • VF
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.