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Retain, Grow & Recruit Businesses

Business Development refers to the retention and expansion of existing Colorado operations and the recruitment and attraction of business prospects that:
  • Consist of national and global companies that are primary competitors and/or collaborators within the industry and would deepen the industry if brought to Colorado.
  • Consist of national and global companies critical to the value chain, supply chain and/or distribution chain for the industry in Colorado and would increase competitiveness if brought to Colorado.
  • Provide access to international markets for export of products or services provided by companies within the key industry.


Did you know?

Information Technology-Software - Metro Denver has the ninth-highest concentration of high-tech workers among the 50 largest metro areas. The region's information technology - software industry employs 41,640 people and includes software publishers, custom computer programming, data processing/hosting, Internet service providers, and computer systems design. A strong entrepreneurial atmosphere is evident with the state ranking as the fifth-best state for entrepreneuership and third for monies raised via the Small Business Innovation Research (SBIR) program.

Broadcasting & Telecommunications - Metro Denver's Mountain time zone location makes it the largest U.S. region with one-bounce satellite uplinks, providing companies real-time connections to six of seven continents. With 40,500 broadcasting and telecommunications workers, the nine-county region has the fourth-highest total employment in 2011 out of the 50 largest metropolitan areas.Data moves efficiently here, too. As a national center for telecommunications, the area is home to giants in the satellite, subscription TV, and telephone industries—not to mention that we are one satellite bounce away from virtually anywhere on earth due to our Mountain time zone location.The Milken Institute’s "North America’s High-Tech Economy: The Geography of Knowledge-Based Industries" ranked Denver fourth among the nation’s top 10 tech poles in the telecommunications industry. In 2011, Denver ranked fifth on CNBC's list of "America's Most Wired Cities" with an average download speed of 10.2-megabits per second (Mbps).



Highlights

Arrow Electronics tops the list of Colorado corporations on the Fortune 500 list released today, with 2011 revenues of $21.4 billion. The global supplier of electronic components and services was 133 on the national list. Arrow late last year moved its headquarters from Melville, N.Y., to the Inverness business park in Arapahoe County, where it had an office. The company said then it planned to add 1,250 positions over the next five years to the 1,000 people it employed here.The addition of Arrow brings the number of Colorado companies on the annual Fortune 500 list to nine.


For Your Engagement

RoadmapInterest ListVolunteer

Leadership Team

  • Kristin Russell, Secretary of Technology & CIO, State of Colorado -- Governor's Office of Information Technology (OIT)
  • Ken Lund, Executive Director, Office of Economic Development & International Trade (OEDIT)
  • Vic Ahmed, Founder, Innovation Pavilion
  • Susan Bailey, Vice President, America Sales, Stratus Technologies
  • Charles Corfield, President & CEO, nVoq
  • Jim Deters, Managing Director & Founder, Galvanize
  • Steve Foster, President & CEO, Colorado Technology Association
  • Rich Kylberg, VP Corporate Communications, Arrow Electronics
  • Mike Marcotte, CIO, EchoStar Corporation
  • Molly Rauzi, Business Advisory Services Director, Grant Thornton LLP
  • David Roberts, CEO, Reed Software Group
  • Monica Coughlin, IT Economic Development & Broadband Strategy Director,OIT
  • Deborah Cameron, Business Development Director,OEDIT

 

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