
In the news
Colorado seeks
Spaceport Designation at Front Range Airport.
Colorado is pursuing Federal Aviation Administration designation for a spaceport, with Adams County’s Front Range Airport as the likely site for the facility. The announcement was made by Governor John Hickenlooper at the Colorado Space Business Roundup on n December 7, 2011. The facility would allow for tourism, travel and cargo transport to space and from point to point on Earth.
Adams County Lands
$300 Million GE/PrimeStar Solar Project
PrimeStar Solar, a division of General Electric (GE) announced that it has selected Adams County as the site of its new thin film solar manufacturing facility. The company will invest up to $300 million in the project and add 355 new jobs to the county.
ACED Activities & Events
Investor Relations Taskforce Meeting
Thu. May 10
8:00 a.m. – 9:30 a.m.
ACED Board Room
ACEC Open Meeting
Wed. May 16
7:30 a.m. – 9:00 a.m.
ACED Board Room
Business Policy Strikeforce
Tue. May 22
3:30 p.m. – 5:00 p.m.
ACED Board Room
ACED Board of Directors Meeting
Thu. May 24
11:00 a.m. – 1:00 p.m.
Speaker
Shawn McBride
EKS&H
Aerospace & Aviation Taskforce Meeting
Tue. June 5
8:00 a.m. – 9:30 a.m.
ACED Board Room
BRE Resources
Adams County Business Resources
ACED’s Existing Business Resource Board
This is an arsenal of “go to” players in the county who have volunteered to be a part of our resource board and dig up the hard to find answers for our members and existing businesses. We can help make your expansion plans go smoothly. The board has resources in Planning, Engineering, Public Works, Fire Department, Water, Legal, Assessor’s office, and key Utility providers to just name a few.
Relocation and Expansion Resources
Real Estate Search
Are you relocating or expanding into Adams County? Let ACED help you find the most suitable space by tapping into our free Real Estate Database. Contact ACED’s Business Expansion expert, Tricia Allen at TAllen@AdamsCountyED.com.
GIS (Geographic Info System) and Demographic Data
ACED can provide expanding businesses with customized strategic demographic data and GIS maps to help with their expansion plans.
Adams County Incentives
Primary Employer, adding new jobs, $1 Million worth of Capital investment (If in EZ can use Real and Personal) if not in EZ it is personal only. Visit ACED’s Incentives page to learn more (link to ACED incentives page).
Enterprise Zone (EZ)
The Enterprise Zone offers businesses significant tax advantages for doing business in the zone. Contact the ACED EZ Administrator, Erin Beckstein at EBeckstein@AdamsCountyED.com.
Business Development Resources
Small Business Development Center (SBDC)
SBDCs are dedicated to helping small businesses throughout Colorado achieve their goals of growth, expansion, innovation and success. The North Metro SBDC provides small businesses and entrepreneurs with free and low-cost consulting, training, analysis and resources. Find out more at www.coloradosbdc.org.
Search Engine Optimization (SEO)
ACED will perform free website analysis of existing websites and offer tangible solutions to their web marketing issues. Contact ACED at 303.453.8510 for more information.
Adams County RFP/Bid Notification
This link allows companies to receive automatic bid notifications from Adams County and other statewide agencies. It is free to search or $50 for automatic notification. Visit www.rockymountainbidsystem.com.
Workforce Development
Adams County Workforce and Business Center (WBC)
The Adams County WBC provides free candidate recruitment services for all Adams County Business owners, including job postings, prescreening, customized hiring events and on-the-job training. Contact your personal representative at the workforce and business center by emailing Rebecca Post at rpost@co.adams.co.us.
Adams County Education Consortium (ACEC)
ACEC partners with Adams County school Districts, post-secondary education institutions, local government and industry to invest in develop critical and work-ready skills in the future workforce. Find out more at www.adamscountyeducation.org.
Goodwill Industries
Goodwill Industries provides job candidate training and internship opportunities to meet the needs of local businesses. Visit www.goodwilldenver.org for more information.
Front Range Community College (FRCC)
FRCC’s Corporate Solutions and Small Business Development offices are excellent resources to Colorado companies seeking customized skills training, consulting services, business development, and ongoing professional development.
Visit http://www.frontrange.edu/About-Us/Corporate-Solutions-and-Small-Business-Development/ to find out more.
Our Corporate Solutions office offers world-class solutions to meet your training needs by customizing programs unique to your organizational goals. We work routinely with business and industry experts to deliver flexible training that will positively impact your bottom line. Learn more.
NEW! Free energy job training for production workers in Northern Colorado. See Energy Boost Training.
NEW! A manufacturing training program developed by manufacturers. See Manufacturing Technology Training.
Financing Tools
U.S. Small Business Administration (SBA)
SBA offers information on small business loans, grants, bonds and other financial assistance. Find out which method of financing is right for you at http://www.sba.gov/about-offices-content/2/3104.
Private Activity Bonds (PABs)
PABs are a below market value financing tool that can be used for new and existing manufacturing operations that need a minimum of $2-$3 Million in building and capital improvements.
For Manufactures
Rocky Mountain Trade Assistance Council (RMTAC)
RMTAC administers grants for Manufacturers who are feeling the effects of competing in global markets. Visit www.rmtaac.org for more information.
Colorado Association for Manufacturing & Technology (CAMT)
CAMT is a statewide manufacturing assistance center dedicated to increasing the competitiveness of Colorado manufacturers. Connect with your local CAMT representative by visiting http://www.camt.com.
U.S. Export Assistance Center
By leveraging our global network of 165 offices in 82 countries around the world as well as a multitude of local and national partners, The Denver USEAC can help increase export sales for Colorado Businesses. Visit http://export.gov/colorado/ for more information.
Human Resource Information
Workman’s Compensation Program
A close partner of ACED, The Metro North Chamber of Commerce offers discounts on their group Worker Compensation Program.
State of Colorado Resources
Colorado First / Existing Industry Customized Job Training Grant Funds
Through the Colorado FIRST Program (targeted to new jobs being created that need training) and the Existing Industry Program (targeted to existing jobs that need retraining for the business to remain competitive), the state has funds available to assist with employee training for specific businesses. OEDIT, in conjunction with the Colorado Community College System, reviews and approves requests for funding. Generally, up to $800 per employee trained may be provided. Businesses must pay for a minimum of 40% of the total training costs. Visit http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1165816343055 for more information.
Export Services
Colorado OEDIT offers a variety of services related to developing export opportunities for Colorado industry, such as Export Counseling, Tradeshows, Foreign Missions, Incoming Buyer Delegations and Trade-Related Education. Find out more by visiting http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1165009699758.
Job Creation Performance Incentive Fund
The Job Creation Performance Incentive Fund (PIF) provides a performance-based incentive payment to qualifying companies that have created and hired net new full-time jobs paying above average wages. The employer must maintain all of the new jobs for at least one year in order to claim an incentive from $1,000-$2,500 per net new full-time job. The program is designed to support and encourage new business development, business expansions, and relocations that have generated new jobs throughout the state. Find out more at http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1167928017047.
Enhanced Incentive Program
The Enhanced Incentive Program (EIP) provides an additional performance-based incentive payment to companies that have qualified under the state’s Job Creation Performance Incentive Fund (PIF) and have created net new full-time jobs paying at higher than average wages. The cash incentive award ranges from $2,000-$3,000 (including the PIF amount) per net new full-time job created based on the average wage rate of the new jobs actually created and the location of those jobs. The program is designed to support highly desirable and high-impact job creation opportunities. Get more information at http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1167928017047.
Strategic Fund
The Strategic Fund provides a commitment for a performance-based incentive payment to qualifying companies that have created net new jobs paying above average wages that have met other requirements. The program is designed to support and encourage new business development, business expansions and relocations that have generated new jobs throughout the state. Visit http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1251566882229 for more information.
Bioscience Discovery Evaluation Grant
The Bioscience Discovery Evaluation Grant Program was created by the Colorado legislature to foster development of the industry in Colorado, supporting both new business development and quality jobs for Coloradans, including opportunities to further develop technologies coming out of Colorado’s non-profit, research institutions toward commercialization. The program continues to support technology transfer and commercialization with grants to qualified research institutions, to early-stage companies, and to fund critical infrastructure to grow the industry via partnership efforts between the bioscience industry and research institutions. Find out more by visiting http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1167928017742.
Colorado Procurement Technical Assistance Center (PTAC)
The purpose of the Colorado Procurement Technical Assistance Centers (PTACs) is to generate employment and improve the general economic condition of the state by assisting Colorado companies including those eligible for preferential consideration in obtaining and performing under local, state and federal government contracts. The Colorado PTAC is staffed with counselors experienced in government contracting and provides a wide range of services. Colorado PTAC counselors have backgrounds in government acquisitions and all receive ongoing training to keep pace with continually evolving acquisition procedures and policies. Find out more at http://www.coloradoptac.org.
Venture Capital Authority
The Venture Capital Authority (VCA) has selected a fund manager (High Country Venture, LLC) and established a fund (Colorado Fund 1) to provide seed- and early-stage capital to businesses. The minimum and maximum investment size may generally range from $100,000 – $3.375 million; however, High Country Venture has indicated a preference for investments ranging from $500,000 to $2 million. High Country Venture is independently operated and generally makes funding decisions. State approval is limited to ensuring that businesses receiving funding meet minimum specified requirements. More information is available at http://www.colorado.gov/cs/Satellite/OEDIT/OEDIT/1167928016932.
Additional Resources
ACED Investor Resources
ACED encourages you to reach out to its diverse and experienced investor resource pool for additional assistance in areas such as Construction, Design, Engineering, Real Estate, Financing and Accounting. Visit our Member Directory to find the service you need.