Colorado economists say the state’s job prospects may be doing better than people think. University of Colorado economist Richard Wobbekind says Colorado will see job growth of as many as 25,000 jobs this year, more than double the forecast from just three months ago. Patty Silverstein, an economist and president of Littleton’s Development Research Partners, […]
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Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices. The subsidy, free insurance that would cover farmers’ “shallow crop losses” before their paid insurance kicks in, has […]
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Mayor Steve Bach urged a crowd of 700 to get behind the Regional Tourism Act projects, to think big and to ignore critics of the city’s actions. “This is our time,” he told the crowd of business leaders Thursday at the Colorado Springs Regional Business Alliance’s State of the City luncheon at The Broadmoor. “And […]
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An agreement between the city of Manitou Springs and the Manitou Urban Renewal Authority will result in a $1.8 million windfall for the city in the next 18 months. At its June 5 meeting, Manitou’s City Council approved an agreement that will allow the city to retain tax increment funding it normally remits to the […]
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Discover Goodwill of Southern and Western Colorado will cut the ribbon Saturday, Jan. 24, to commemorate the opening of its newest retail center, located at 15821 Jackson Creek Parkway in Monument, east of the Wal-Mart Supercenter. The 9:45 a.m. ribbon-cutting will include addresses by Discover Goodwill President and CEO Karla Grazier, El Pomar Foundation Vice […]
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CenturyLink, in partnership with the Colorado Springs Sky Sox and the Colorado Springs Small Business Development Center, is promoting the Small Business Spotlight, which provides exposure to 35 small businesses over the course of the minor league baseball season. The Spotlight is designed to help small businesses in the Colorado Springs area. In the current economic […]
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Colorado Springs tied with Bridgeport, Conn., for the ninth small city to “make it rich in,” according to CreditDonkey.com. Springs listed ninth thanks to its percentage of high income people (8.9 percent), it’s gross domestic product growth (11. 5 percent) and the 197 patents filed by city residents. “The area’s economy centers on military institutions […]
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A lending opportunity is available to residents and businesses operating in Southeast Colorado Springs with the goal of helping prevent crime. “This is one of the most exciting and innovative approaches to criminal justice reform in the nation,” said Rep. Pete Lee, D-Colorado Springs. “The Transforming Safety project is an elegant meeting of economic development […]
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An instrumental piece of rock and roll history is going public. Fender Musical Instruments Corp., the maker of legendary guitars strummed by the likes of Buddy Holly, Jimmy Hendrix and Eric Clapton, filed papers Thursday for a $200 million initial public offering. Founded in 1946 by Leo Fender, the company created the Telecaster and Stratocaster […]
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The federal government is launching a $26 million challenge to manufacturers to foster innovation and job creation through public-private partnerships. The hope is the challenge will help entice private capital to projects that oculd promote cluster-based development in regions across the United States. The government wants to build on the momentum within the manufacturing sector, […]
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Early this year, the first informal conversations about a possible collaboration started among the Colorado Springs Regional Business Alliance, the Better Business Bureau of Southern Colorado and the Colorado Springs Small Business Development Center. Sometime around June, those talks began taking on more substance and focus. Tuesday, top staff and board members of the three […]
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Donna Nelson is the city’s new economic vitality specialist, a position that replaces the city’s traditional economic development efforts.
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