Anniversary marks five years of transportation-oriented economic growthThe Southeast Business Partnership (SEBP), The South I-25 Urban Corridor Transportation Management Association (TMA), along with The Regional Transportation District (RTD) and others, marked the five- year anniversary of the completion of the Transportation Expansion (T-REX) Project on November 16, 2011. Speakers at the Arapahoe Station celebrated the anniversary by praising the project for bringing increased economic development and jobs to the region and called on the community to support plans to complete RTD's future rail lines."Without a 21st Century transportation infrastructure, Colorado cannot be a competitive player in the global economy," said Mike Fitzgerald, SEBP President and CEO. "Making the investment to improve Denver's transportation network has proven to be a magnet for economic development, bringing residential, commercial and retail projects to fruition all within proximity to the T-REX Project. T-REX and the continued investment in transportation infrastructure will continue to place Colorado as a leader in the global market."SEBP partnered with RTD and state and local leaders to draw attention to the five-year anniversary and the need for future support for completing RTD's FasTracks program. Speaking at the event, Fitzgerald said that completion of the transportation network that expanded through T-REX will only prove to make the South Denver Metro Region more attractive to potential investors and entrepreneurs who are seeking to relocate, build or expand their business."T-REX transformed the way people commute, companies conduct business and communities will plan for the future," said Greenwood Village Mayor Ron Rakowsky. "The advent of light rail in our Village has shaped the character of our city along the I-25 Corridor and laid groundwork for the building of special places like our Village Center. We have accomplished great things as a result of T-REX, but the best is yet to come.""The 5th Anniversary is an opportunity to celebrate the great partnerships and friendships that were created because of the T-REX project, said Lee Kemp, Chairman of RTD Board of Directors. The Southeast Rail Line has proven that public transportation can influence areas by increasing economic development, creating jobs and transit oriented communities. We look forward to growing our partnerships around the District as we build out RTD's FasTracks program."The Transportation Expansion Project, referred to as T-REX, was a $1.7 billion transportation investment between Downtown Denver and the Denver Tech Center. The project added an additional lane in each direction along 17 miles of I-25 between Broadway and Lincoln Avenue in Douglas County and built 19 miles of double-track light rail. The expansion was finished 22 months ahead of schedule and under budget, and is considered to have greatly improved transportation options for commuters in the Denver area. SEBP remains a key backer of the T-REX Project and supports future transportation improvements across the Denver Region.###
For the second consecutive September, Denver International Airport (DIA) broke its record for the busiest September in airport history. A total of 4,344,205 passengers were recorded at DIA in September, a 0.6 percent increase from the 4,317,995 travelers who used the airport during the same month last year.
Startup Colorado, a regional initiative to spur new company creation across Colorado's Front Range, is publicly launching on November 9 at the Wolf Law Building at CU-Boulder. Affiliated with the Startup America Partnership, Startup Colorado will increase the breadth and depth of the entrepreneurial ecosystem across Colorado's Front Range. The public launch event will include discussion from Startup Colorado's three chairs, Brad Feld, Jan Horsfall, and Phil Weiser, as well as speeches by White House CTO Aneesh Chopra, Startup America Partnership CEO Scott Case, and TiE Rockies President Vic Ahmed. Panelists also will include Simple Energy co-founders Yoav Lurie and Justin Segall, Next Big Sound co-founder Alex White, Philanthropiece founder and Executive Director Libby Cook, and ViaWest co-founder Nancy Phillips. From Fort Collins to Boulder, from Denver to Colorado Springs, Startup Colorado's mission is to multiply connections among entrepreneurs and mentors, improve access to entrepreneurial education, and build a more vibrant entrepreneurial community. Startup Colorado's various programs will deepen the communal backdrop out of which new companies emerge. Vibrant new company creation, by extension, improves the broader economic base of Colorado. Our first year goals include: 1. Expanding new tech meetups, open coffee clubs, and community office hours in Fort Collins, Denver, and Colorado Springs 2. Creating an entrepreneurial summer camp in Boulder (talented college students from throughout Colorado will work as interns for Boulder startups) 3. Support entrepreneurial education in the Front Range 4. Evaluate current barriers that entrepreneurs face, including an assessment of what best practices are in place at entrepreneurial communities around the US and world 5. Engaging larger companies in the entrepreneurial ecosystem through commitments to help entrepreneurs 6. Building the Startup Colorado website to be a user-friendly, thorough database for information and connections Startup Colorado is chaired by Brad Feld, Jan Horsfall, and Phil Weiser; its Executive Director is Silicon Flatirons Fellow David Mangum. Startup Colorado is supported by Brad Feld, Steve Halstedt, Jason Mendelson, Silicon Flatirons Center, Silicon Valley Bank, and the Rocky Mountain Venture Capital Association. Startup Colorado has put together an initial Advisory Board of committed entrepreneurs. Members include: Paul Berberian, CEO, OrbotixLibby Cook, Founder and Executive Director, PhilanthropieceTim Enwall, Co-Founder and CIO, Tendril Inc.Steve Halstedt, Co-Founder and Managing Director, Centennial VenturesDavid Hose, Managing Director, Ideas and Plans, LLCJason Mendelson, Managing Director, Foundry GroupErik Mitisek, Co-Founder, Next Great PlaceNancy Phillips, Co-Founder and COO, ViaWestMike Weiner, Partner, Dorsey & Whitney Led by entrepreneurs, for entrepreneurs For an entrepreneurial initiative to be successful, it must be entrepreneur led. Startup Colorado is based entirely on the efforts of entrepreneurs; from our chairpersons to our individual project leaders, entrepreneurs are front and center in our efforts. Long-term view Building a sustainable and successful entrepreneurial community requires taking the long view. By working with entrepreneurs and building on grassroots connections, Startup Colorado is focused on supporting entrepreneurship in an organic fashion so as to develop an ecosystem that lasts. Engaging the entire entrepreneurial stack Over the long-term, Startup Colorado will focus on all levels of entrepreneurship: serial entrepreneurs, first-timers, would-be and wannabe. Only through engagement with all levels of the entrepreneurial scene in the Front Range will we build the long term viability necessary for sustained success. Talent flow: the lifeblood of entrepreneurial community For any entrepreneurial community to have long term vibrancy, it needs a continual influx of new talent, both from higher education and from industry. Startup Colorado is engaging with both educational institutions and established companies to ensure that new talent is continually exiting the system. About the Startup America Partnership The Startup America Partnership was launched at the White House in response to President Obama's call to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. The Partnership is bringing together an alliance of major corporations, funders, service providers, mentors and advisors working to dramatically increase the prevalence and success of high-growth enterprises in the U.S. AOL co-founder Steve Case chairs the Partnership and the Kauffman and Case Foundations are founding partners. American Express OPEN, Dell Inc., Intuit Inc., and Microsoft are sponsors. The Partnership will identify, measure and report on the effectiveness of cross-sector collaboration in support of entrepreneurial ventures and its effect on job creation and growth. For more information on the Partnership and to register as a Startup America Firm today, visit www.startupamericapartnership.org and follow at www.twitter.com/startupamerica and www.facebook.com/startupamerica .
Annual CO-LABS awards recognize achievements at Colorado's 24 federal labs and other research facilities
Gov. John Hickenlooper today delivered the FY 2012-13 proposed budget to the Joint Budget Committee.
A United Launch Alliance Delta II rocket carrying the NPOESS Preparatory Project (NPP) spacecraft for NASA lifted off from Vandenberg Air Force Base October 28. This is ULA's 10th launch of the year and marked the 55th successful launch for the company.
The Metro Denver Economic Development Corporation (Metro Denver EDC) today announced two new leadership appointments to its Board of Governors. Katrina Salem, market managing partner (MMP) of PwC's Rockies market, which includes the Denver and Salt Lake City offices, will serve a two-year term as co-chair of the Board of Governors. Rob Cohen, chairman and CEO of IMA Financial Group, Inc., will serve a one-year term as co-chair of the group. Salem is responsible for leading the strategy and operations of PwC's Rockies market, including cultivating PwC's people and contributing to the community by engaging with local philanthropic and civic organizations. In addition to her role as MMP, Salem is also a tax partner and has spent nearly 16 of her 24 years with PwC serving Colorado-based clients primarily in the manufacturing, telecommunications, and technology industries. She also serves on the Board of Directors for Junior Achievement and the Denver Metro Chamber of Commerce."With the significant focus on the economic health and growth of our state, the Metro Denver EDC holds an essential role in determining and driving the actions and strategies that fuel the city's continued competitiveness and momentum. I am honored to serve in the role of co-chair and to have a hand in the EDC's strategy for the next two years," said Salem. Cohen, a former chair of the Denver Metro Chamber Board of Directors, leads the IMA Financial Group, a diversified financial services company. He is also the chairman emeritus of the Metro Denver Sports Commission (Denver Sports), and serves on the boards of VISIT DENVER, Boy Scouts of America Denver Area Council, the Downtown Denver Partnership, the I Have a Dream Foundation, and the United States Olympic Foundation. In addition, Cohen chairs Metropolitan State College of Denver's Board of Trustees. "My involvement at the Chamber began in the economic development area and it is exciting to have it go full circle and to again be involved with Tom Clark and the Metro Denver EDC," said Cohen.Salem and Cohen succeed out-going Board of Governors Co-Chairs Josh Gould, CEO of RNL, and Debbie Welle-Powell, vice president, payer strategies and legislative services of Exempla Healthcare.Comprised of all Metro Denver EDC investors, members of the Board of Governors help design Metro Denver EDC's annual work plan to guide strategic goals in improving and expanding the region's businesses. The Board of Governors' list of accomplishments includes influencing legislation beneficial to the business community and keeping the pulse on trends affecting the regions industries. Members of the Board meet regularly every two months and many assist on additional committees and special task forces.
Longmont-based DigitalGlobe, a leading global provider of high-resolution earth imagery solutions, announced that it has been awarded a one-year contract at a funded level of $37.9 million by the U.S. Government via the National Geospatial-Intelligence Agency (NGA) under the NGA's new Enhanced GEOINT Delivery (EGD) program.
Gov. John Hickenlooper released on Oct. 24, 2011, an updated version of the statewide economic development plan created earlier this year to spur Colorado's economy, help businesses grow and attract new jobs to the state.
TechAmerica Foundation released on October 5, 2011, its 14th annual Cyberstates report detailing national and state trends in high-tech employment, wages, and other key economic factors. Cyberstates 2011: The Definitive State-by-State Analysis of the U.S. High-Tech Industry covers all 50 states, the District of Columbia, and Puerto Rico. Colorado's high-tech industry lost 5,300 net jobs, with its workforce totaling 156,900 in 2010. Colorado had the 7th largest decrease in jobs with the largest employment losses in Internet and telecommunications services (-1,800 jobs) and engineering services (-1,800). Colorado's tech concentration in the workforce remains in 3rd place for the fifth consecutive year. These jobs also are high paying, with the average tech worker in Colorado earning $90,800 in 2010 or 96 percent more than the average private sector wage."Colorado's high-tech industry continues to be one of the cornerstones of the state's economy as evidenced by the fact that only two states have a higher proportion of tech workers in their states' private sector," said Jeff Clark, Vice President of Governmental Affairs for TechAmerica. "Nevertheless, we did lose tech jobs in 2010, as did the vast majority of states. Colorado must continue to invest in math and science education to have a pipeline of qualified workers to attract technology companies to Colorado."Nationally, the U.S. high-tech industry did lose 115,800 jobs in 2010, but still boasts 5.75 million workers. Showing an improving trend, this two percent decline was less than half of the 249,500 jobs lost in 2009 following several years of sustained growth. Software services added jobs in 2010 - 22,800, a gain of one percent.TechAmerica Foundation also today released a midyear jobs report for 2011 based on a different monthly data set from the U.S. Bureau of Labor Statistics. This report shows that between January and June 2011, the tech industry added a net 115,000 jobs, a two percent gain, not adjusted for seasonality. During this time period, job growth occurred in all four technology industry sectors, with the fastest growth in engineering and tech services. A 12 month review of June 2010 in comparison with June 2011 also shows growth in three of the four tech industry sectors, with job losses occurring in communication services.Cyberstates 2011 may be purchased for $150. The 2011 midyear report may be freely downloaded. Both reports can be accessed at: www.techamericafoundation.org/cyberstates.What Does High Tech Mean for Colorado?