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Nanotechnology: A New Industrial Revolution?

Craig Guillot (Oct/Nov 09)
Nanotech is poised to bring groundbreaking changes and create new commerce hubs. But industry groups are concerned about safety. More

Colorado: Energy and Aerospace Lead a Promising Economic Boost

Mali R. Schantz-Feld (Aug/Sep 09)
Aerospace remains strong, and wind and solar projects have made Colorado an alternative energy hub. More

Following the Talent: How the Search for Highly Skilled Workers Affects a Location Decision

Sam Newberg (June/July 09)
Companies that seek highly educated, talented labor need to consider locating in places that attract this caliber of worker. More

Colorado Targets Aerospace, Bioscience, Clean Energy for Expansion

Mali R. Schantz-Feld (Jun/Jul 08)
“Our good new stems from the new direction in the Colorado Office of Economic Development and International Trade (COEDIT) and the new administration of Governor Bill Ritter,” says Matt Cheroutes, director of communications and external affairs for COEDIT. “Governor Ritter’s Colorado Promise identified an industry-wide approach to economic development, choosing key industries for growth to set the course.” More
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Colorado  At A Glance
POPULATION: 4,939,456 (2008)

LABOR FORCE: 2,718,938 (2009)

RIGHT TO WORK: Modified

TRADITIONAL INDUSTRIES: Agriculture/food processing, natural resources, mining, oil and gas, tourism

EXPANDING INDUSTRIES: Renewable energy, defense and aerospace, business services (including networking and Internet services), biosciences, and healthcare services

COLLEGE GRADUATES: (Age 25 and over) 35.0% (2008)

BASIC BUSINESS TAXES:
Corporate Income Tax:
4.3 percent (single factor sales) State Sales and Use Tax: 2.9 percent, up to 5 percent local, average 6.2 percent statewide

Property Tax: Assessed locally at 29 percent of market value for commercial property and 7.96 percent for residential (2009)

BUSINESS INCENTIVES:
Quality Investment Capital Program (fixed-rate financing for small business)
Job Creation Performance Incentive Fund
Rural Development Loan Program
Community Development Block Grant Revolving Loan Fund
Community Development Block Grant Funds Infrastructure Program
Colorado Economic Development Commission
Enterprise zone credits
Colorado First & Existing Industry
Customized Job Training programs
Job Growth Incentive Tax Credit
Colorado Chart
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