Posted inBusiness, Economy, News, Politics and Government

Corporate incentives used to draw companies to Colorado back at pre-pandemic levels

As some businesses cratered during the pandemic, others not only thrived, they expanded — and moved to Colorado.  That included vertical-landing aircraft maker PteroDynamics, which touched down in Colorado Springs in late July. Months earlier, the California firm was finalizing a contract for its autonomous aircraft with the U.S. Navy. The deal made CEO Matthew […]

Posted inBusiness, Energy, Environment, News, Politics and Government, Technology

As more electric vehicles are on the way, Colorado’s tax incentives begin to wind down

Colorado is gearing up for an influx of electric vehicles, thanks to new state policies and pending legislation to increase the number of vehicles available for sale and who can sell them. But there’s one thing in decline — the tax credits available to new electric-car buyers. Colorado’s credit for new EV purchases dropped to […]

Posted inBusiness, Energy, Growth, News, Politics and Government

As Colorado’s governor, lawmakers target tax breaks, a program that covers 75% of the state’s land could be in the crosshairs

In the grand scheme of public subsidies for professional sports teams, the $19,306.19 the state gave the Colorado Rockies in 2013 probably isn’t enough to get worked up about. Neither is the $948.57 credit claimed in 2014 by a Walgreens for $31,000 invested in a Pueblo pharmacy. Or the $529 McDonald’s received in 2016 through […]

Posted inBusiness, News, Politics and Government

Adjusting to life under tariffs, Jefferson County and Grand Junction are pursuing a solution that’s still proving itself in Colorado

Jefferson County and Grand Junction are seeking to become free-trade zones in an effort to attract more business, add jobs and help local companies offset some of the rising cost of international trade. Their applications would provide the regions with a spot for companies to store imported goods and defer or bypass tariff-duty payments. There’s […]

Posted inBusiness, Growth, News, Politics and Government

From cleaning toilets to Congress, Betsy Markey is now leading Colorado’s renewed focus on small business

After Betsy Markey moved her young family to Fort Collins in 1995, she felt stir crazy. She and her husband had relocated from Maryland, where the technology company they founded was running smoothly and pretty much independently. That life didn’t really need her anymore. So she bought a little coffee shop in Old Town Fort […]

Posted inBusiness, Environment, News, Politics and Government

The good, the bad and the complicated: How Colorado’s electric vehicle laws changed this session

Rivian, the buzzy automaker promising an electric pick-up truck by late 2020, had state lawmakers’ attention during the legislative session — if only for a few minutes. In those moments during a House committee hearing last month, a representative from the Michigan company shared that Colorado has a special place in the company’s future. “In […]

Posted inBusiness, Growth

Denver is still in the running for Amazon’s HQ2, according to Colorado officials

Hold the phone, Colorado! Denver has not been ruled out as a possibility for Amazon’s second headquarters after all. Despite reports from East Coast newspapers naming New York and Virginia as the next Amazon HQ2, Colorado officials said they just heard from Amazon that no decisions have been made. “Our source is Amazon themselves,” said […]

Posted inBusiness, Environment, Growth, News, Outdoors

Grand Junction used to be a place young people fled. Now, millennial entrepreneurs are flocking there for opportunity.

GRAND JUNCTION — Andrew Duran has lived in Taos, New Mexico, and Boulder. This well-tattooed 35-year-old has pedaled his bike around the world, spending loads of time in exotic places. Now, he has landed in a spot that has long been high on his geographic bucket list: Grand Junction. Yes, stodgy Grand Junction. Longtime nickname: […]