Legislators also approved $25 million in supplemental funding for OEDIT to be used for the Strategic Fund and Advanced Industries - key economic tools for the State. The Strategic Fund supports and encourages new business development, business expansions and relocations that generate new jobs throughout the state. In some cases, the Strategic Fund may also provide support for initiatives led by non-profit entities pertaining to key industries or regional development. The Advanced Industries Accelerator Grant Program or the “AI program” accelerates economic growth through grants that improve and expand the development of seven advanced industries in Colorado. These industries include advanced manufacturing, aerospace, bioscience, electronics, energy and natural resources, infrastructure engineering, and technology and information.
The Colorado Office of Economic Development and International Trade partnered with state legislators to pass 12 bills that will infuse $228 million into Colorado’s economic recovery efforts.
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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.”
Indian tech startup Square Comp to open headquarters in Fort Collins bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.