In recent years, “startup” has become among the most frequently used terms in the business world — but along with its ubiquity has come some confusion as to its definition. British venture capitalist Paul Graham defined a startup company as simply one that is built for scalability. “Being newly founded does not in itself make […]
Colorado Springs’ economy ranked 178th in economic growth among 515 large cities in the United States by WalletHub. Within the state rankings, Colorado Springs was listed 11th, behind Denver, Longmont, Boulder, Fort Collins, Greeley and others. The WalletHub study, 2015 Cities with the Fastest Growing Economies, used 10 significant metrics...
Colorado Springs businesses could reel in big dollars once filming for the upcoming Netflix movie, “Our Souls at Night,” begins in the area next month. Production will start around September 12 in Colorado Springs, Denver and Florence, Colo., with Colorado Springs being its home base and its cast [to include Robert Redford and Jane Fonda] […]
A video crew from the destination marketing organization Brand USA captured recreation on Pikes Peak and near Garden of the Gods Aug. 25 to attract more international outdoor enthusiasts to the area. In partnership with the Colorado Springs Convention and Visitors Bureau and Colorado Tourism Office, Brand USA filmed horseback riding and hiking near […]
Carole Jackson of Security Florist used to bring her older flowers to the adjacent Dad’s Kwik Inn Diner at the end of each week. There her colorful contributions would adorn the tables. “We used to get customers often because of them,” she said of the now-vacant building at 385 Main Street in Security. According to […]
With continuing movement of people to Colorado and revenue caps set by the state’s constitution, Colorado will face a budget crisis, said Vectra Bank Colorado President and CEO Bruce Alexander. “If you look at the requirement for a [state] refund and the in-migration, we don’t really have the money to keep the roads up. We do have a […]
The Greater Colorado Springs Chamber of Commerce and the Economic Development Corp. are working on a merger deal, discussing how the merged organization might be structured and possibly who its president and CEO should be. Who do you think should lead the organization? Leave a comment below.
Colorado’s first Joint Land Use Study offering citizens an opportunity to weigh in on military and community land use issues began this week, with an online community survey open through May 31 and telephone town hall scheduled this month. The Pikes Peak Area Council of Governments is asking for public input, requesting El Paso County […]
Nonfarm payroll jobs increased 14,600 over the month from August to September, to nearly 2.5 million jobs, according to a Department of Labor and Employment survey of business establishments. Private sector payroll jobs increased 14,700 and government decreased 100 over the month. Colorado has had 35 consecutive months of payroll job gains. According to the survey […]
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 […]
In November 1988, voters in the six-county Denver Metro Area (Adams, Arapahoe, Boulder, Denver, Douglas and Jefferson) were asked to approve a 1/10 of a cent sales tax for something called the Scientific and Cultural Facilities District. The district’s purpose: “to distribute funds for the support of cultural facilities whose primary purpose is to enlighten […]
By Tom Binnings Summit Economics Colorado Springs has reached a critical moment in its economic history. This moment is similar in profile to the city’s founding in the 1870s, the Gold Rush around 1900, then World War II followed by the Cold War, and finally the growth of high-tech manufacturing and information technology in the […]