Colorado offers 2 companies $22M to grow jobs, $1.7M to jumpstart Outdoor Retailer show

Colorado Economic Development Commission members offered more than $22 million Wednesday to two California-headquartered companies to locate substantial expansions in the Denver area.

They also gave $1.7 million to the Outdoor Retailer Show to boost its marketing and organizational efforts as it starts its run in the state.

The two companies that earned offers of job-growth incentive tax credits — tax breaks that can be taken only after those companies have hired employees and had people in place for one year — are very different businesses.

One is a financial-services firm offering loans based upon creditor history and education level, while the other is a tech company hoping to consolidate employees now spread throughout the San Francisco Bay area and Mexico.

Read more at the Denver Business Journal.

Copyright 2017 Denver Business Journal


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