Colorado farmers could be allowed to grow industrial hemp as early as next summer, with state permits alone. It’s unclear if the federal government would raid industrial hemp farms operating without DEA permission.
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Manufacturing in Colorado proved to be a major economic driver in May, according to the latest report from the Goss Institute for Economic Research. The report said new orders are growing faster than jobs in Colorado. “To accommodate this growth, manufacturers in the state are expanding the hourly workweek for current employees much faster than […]
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Colorado Springs is enjoying a booming economy right now. According to the U.S. Bureau of Economic Analysis, the Colorado Springs area’s gross domestic product — an estimate of the value of goods and services produced in a metropolitan area — increased 5 percent in 2017, the biggest gain since 2010. But the rising economic tide […]
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At its regularly scheduled meeting on Aug. 28, the Colorado Springs Urban Renewal Authority board approved the Copper Ridge Redevelopment Plan on a narrow 5-3 vote. Of the nine active urban renewal projects approved by CSURA, Copper Ridge is easily the most controversial. City Council originally approved the plan in 2010, but deferred action on […]
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Eight college teams, including three from Colorado, are vying for $35,000 in cash prizes and a title of best sports/outdoor business plan. The business plan competition is the brain child of Tom Duening, University of Colorado at Colorado Springs director of the Center for Entrepreneurship. He spent a year thinking about various business sectors and […]
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Mayor Steve Bach’s City for Champions proposal didn’t impress Economic and Planning Systems, the third-party analyst hired by the Colorado Economic Development Commission to evaluate the city’s request for state tax increment funding. EPS found that visitor estimates by the city were overly optimistic; financial data was skimpy, insufficient and/or inaccurate; and cost and revenue […]
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The Colorado Springs Convention and Visitor’s Bureau is hoping local businesses will take out the newly re-designed city logo and try it on for size. Put it on a T-shirt or a ball cap, they say. Slap the new city slogan “Live it Up” on bumper stickers; use the art and slogan in company collateral; […]
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On Monday afternoon, downtown hotelier and entrepreneur Perry Sanders formally abandoned his quest to repurpose Antlers Park as the sports and events center as part of a City for Champions proposal, stating he had found “a better downtown site.” Sanders confirmed the previous site was a last-ditch choice, brought forward because of time constraints. Unless […]
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Chuck Murphy, who has had a major impact on the Colorado Springs economy as well as historical preservation in the area for a half-century, won an honor Saturday night that recognized his lifetime of efforts and achievements. Murphy was named Business Citizen of the Year for 2014 by the Colorado Springs Regional Business Alliance, capping […]
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  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president […]
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As homeowners start the process of rebuilding houses destroyed or damaged by the Waldo Canyon fire, the Colorado Springs Housing and Building Association wants to help. So it is partnering with the Pikes Peak Regional Building Department, El Paso County and the  City of Colorado Springs to make sure residents have a list of reputable building […]
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  When Steve Stowell retires later this year as an Army lieutenant colonel, he wants to build a beer enterprise in Colorado Springs. He wants to educate people about the finer aspects of brewing, pouring and tasting.  Stowell took advantage of the Small Business Technology Incubator’s Pitch Clinic on April 24. There, he learned what […]
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