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Biz Buzz for May 30, 2021

A local tech company is the latest to be approved for Colorado’s Rural Jump Start Program. ....

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Senate OKs expansion of jump start program

Under the existing Rural Jump Start Grant Program, unique businesses that locate in economically distressed regions of the state can qualify for special sales and income tax breaks.
Under a bill that won approval in the Colorado Senate on Wednesday, new startups that locate in those same areas also can qualify for part of $3 million in special state grants in over the next two years to help them establish operations.
That measure, SB229, links two existing programs â Rural Jump Start and the Just Transition Office â to help create more business opportunities in those areas of the state that need assistance getting started, its supporters say. ....

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Construction firm relocates to Grand Valley | The Business Times

Construction firm relocates to Grand Valley | The Business Times
thebusinesstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebusinesstimes.com Daily Mail and Mail on Sunday newspapers.

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5 reasons Grand Junction will be Colorado's next tech hub

ColoradoBiz Magazine
See why tech companies have already made the move
May 4, 2021
Photo credit: ProStar
As we emerge from the pandemic, we’re only just beginning to understand the permanent change to the business world.
However, the biggest shift to happen last year was the acceptance that companies in the digital economy could truly be located anywhere with a good internet connection.
In 2019, Grand Junction began to see a growing population of professionals who can work from anywhere migrate into the area.
The COVID-19 pandemic only increased that migration and today, Grand Junction boasts a number of cutting-edge tech companies and entrepreneurs who’ve chosen quality of life over the typical tech hubs. Let’s examine why they came. ....

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State lawmakers unveil $700 million bipartisan stimulus package

Gov. Jared Polis and legislative leaders from both sides of the political aisle unveiled a $700 million stimulus plan Wednesday aimed at helping the stateâs businesses and workers recover faster from the pandemic economy.
The Colorado Recovery Plan is aimed at five chief goals: Strengthening small businesses, revitalizing infrastructure, supporting families, developing the stateâs workforce and investing in rural Colorado.
None of the money to pay for this is from the $1.9 trillion COVID aid package approved by Congress on Wednesday, but from the $3.5 billion the Colorado Legislature had cut from the budget last year because of fears over what the pandemic would do to the economy. ....

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