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In the news
Denver ranks sixth best out of 102 big U.S. markets the monthly On Numbers Economic Index for October.
The index is a new yardstick of economic performance compiled by G. Scott Thomas, who covers demographic trends in the On Numbers blog for American City Business Journals, the Denver Business Journal’s parent company.
The index is a monthly rating of the economic vitality of 102 major metropolitan areas, generated by an 18-part formula that includes private-sector jobs, unemployment rates, worker earnings and home values.
ACED Activities & Events
Annual Awards Luncheon, April 25
Presentations
Tim Heaton Presentation
Gary Fedder Presentation
Aerospace & Aviation Taskforce
Thu. May 9
8:00 a.m. – 9:30 a.m.
ACED Board Room
ACEC Open Meeting
Wed. May 15
7:30 a.m. – 9:00 a.m.
ACED Board Room
ACED Roundtable
By Invitation Only
Wed. May 15
11:30 a.m. – 1:00 p.m.
The Ranch Country Club (120th & Tejon)
Business Policy Strikeforce - CANCELED
Mon. May 20
7:00 a.m. – 8:30 a.m.
Coffee Shop in Capitol Basement
ACED Board Meeting
Speaker: Howard Kenison
Topic: The Rocky Mountain Arsenal and the Northeast Greenway Project: Contamination to Collaboration
Thu. May 23
11:00 a.m. – 1:00 p.m.
ACED Board Room
Existing Business
Business Retention and Expansion (BRE)
Why BRE is important: According to an analysis by the Small Business Administration’s Office of Advocacy, at least 60% of private sector net new jobs are created by existing establishments. This primary employer growth drives our local economies through increased employment and capital investment, resulting in increased spending in our communities. ACED recognizes this critical dynamic and strives to support the overall business climate, ensuring the vitality and competitive advantage of Adams County’s existing industries.
By increasing local industry competitiveness and profitability, and by decreasing the frequency of downsizing, layoffs, outsourcing and business closure, ACED and the BRE Taskforce play a key role in our local economic health. Through their unabated commitment to existing primary employers, ACED’s business retention and expansion efforts maximize the community’s investment into economic development initiatives; thereby, creating more jobs and better quality of life for Adams County citizens.
Source: Small Business Administration Office of Advocacy, May, 2012.
Find out more about the BRE Taskforce
Get Resources Now
Featured Business Success Story
Hammond’s Candies
Hammond’s Candies is a gourmet candy manufacturer featuring fun and nostalgic candies, chocolates and other sweet products. In 2005, the company moved to unincorporated Adams County and found a great property in an Enterprise Zone. Since 2005, Hammond’s has enjoyed healthy growth and expansion into new markets. Due to its continued success and growth, Hammond’s Candies was in need of new space and wanted to make sure they retained their business in the Adams County Enterprise Zone.
President, Andrew Schuman and CFO, Ralph Nafziger partnered with ACED to perform a thorough property search, including sites tours of suitable facilities for their company. ACED also was able to connect them with an SBA Small Business Loan provider to help secure financing for the expansion.
In February of 2011, ACED also referred Hammond’s Candies to its PR representative who was able to help the company be featured on 9News for a Valentine’s Day special about their candies. ACED also nominated Hammond’s Candies for the Colorado Companies to Watch program, and the company was awarded as a finalist for 2011.
In September of 2011, Ralph Nafziger, CEO, was featured as a panelist at ACED’s 6th Annual Business Appreciation Breakfast, after which quotes from Ralph about the company’s growth philosophy through the downturned economy were printed in the Denver Business Journal. The following month, ACED featured Hammond’s Candies as a stop on the Adams County Manufacturers’ Tour.
Learn more about Hammond’s Candies at www.hammondscandies.com
