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


JOIN THE CONVERSATION

To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment