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Strive Health has selected Colorado for its long-term headquarters expansion. The Denver-based startup has grown its employee base by more than 600% in the last year and today’s announcement includes the addition of 250 new Colorado jobs that support the company’s expansion in roles that include clinical, technical, data management, operations, and strategy.
“As we kick off National Economic Development Week, it is fitting that we announce the continued growth and expansion of a Denver-based startup right here in Colorado,” said Governor Jared Polis.
“These high-quality jobs are a great benefit to Colorado as Strive Health continues to solidify Colorado’s reputation for healthcare and health tech innovation.”
An India-based tech startup has chosen Fort Collins as its U.S. headquarters following Gov. Jared Polis 2019 international trade trip.
Square Comp, which offers a customizable virtual reality platform designed for manufacturing companies’ training purposes, expects to bring 54 new high-tech jobs with a minimum average annual wage of $71,676 132% of Larimer County s average annual wage of $54,145 according to the Colorado Office of Economic Development and International Trade.
The company will be eligible to receive $494,747 in performance-based job growth incentive tax credits over eight years from the state economic development office once it proves it has created and maintained the 54 jobs for at least a year, said OEDIT spokesperson Jill McGranahan.
After Governor Jared Polis signed Senate Bill 111 into law on March 21, the Colorado Office of Economic Development and International Trade (OEDIT) was tasked with distributing $4 million to implement a new social equity cannabis advancement program so how will the money be spent?
The program is intended to spur participation in the state s marijuana industry from communities impacted by the War on Drugs. According to Representative Leslie Herod, a prime sponsor of the bill, distributing the money is up to OEDIT s discretion although OEDIT can hire third-party contractors to distribute the money and create technical assistance programs, as well.
Senator Dominick Moreno, another prime sponsor, adds that lawmakers will be reviewing the process in years to come. OEDIT has three years of spending authority, at which time the [Joint Budget Committee] and General Assembly will evaluate the program and contemplate further funding decisions, he says.