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November 2010

Hickenlooper elected next Governor
Denver mayor ran on jobs platform

Hickenlooper_gov Colorado voters on Tuesday, November 2, 2010 elected John Hickenlooper, a brewpub pioneer turned Mayor of Denver, as the 42nd Governor of Colorado.

During his campaign, Hickenlooper said job creation and economic recovery would be his top priority as Governor.

"The guideposts for economic recovery include keeping taxes low, affordable housing, efficient transportation and infrastructure, having a predictable and fair regulatory environment for business and, perhaps most important of all, having a strong education system," said Hickenlooper in his campaign platform document.

Hickenlooper will be joined in office by Lt. Gov.-elect Joe Garcia, who is currently the president of Colorado State University-Pueblo. Garcia is a respected educator who has served as the president of Pikes Peak Community College and Co-Chair of the state's P-20 Education Reform Council.

Gov.-elect Hickenlooper set himself apart in the 2010 election by maintaining his promise to run a completely positive campaign. His pledge to renounce attack ads brought national attention to Colorado and distinguished Hickenlooper a leader.

Learn more:

» Hickenlooper for Colorado website
»  Hickenlooper Shower ad


CNBC's Power Lunch features Metro Denver EDC's Clark
Segment highlights work in Metro Denver to create new jobs

Clark_CNBCThe Metro Denver EDC's Executive Vice President Tom Clark joined a live interview panel with the mayors of Charlotte, NC and Louisville, KY for CNBC's Power Lunch on November 5.

The interview resulted in two segments, entitled Economic Pulse of the Nation and Job Creation in America, which highlighted ways cities and region's across the country are stepping up to the challenge to create jobs.

"We have an unemployment rate a couple points below the national average. Most of this has been driven by two employment clusters, cleantech and lifesciences," explained Clark to Power Lunch co-host Tyler Mathisen.

The other panelists all agreed that tax policy and incentives help companies during the current economic challenges and that the private sector will lead the economic recovery.

"In the last seven years we've brought 46 corporate headquarters to Metro Denver, so we're obviously doing something right," Clark noted to Power Lunch co-host Michelle Caruso-Cabrera. 

With over 300,000 daily viewers Monday through Friday, the two-hour Power Lunch program provides extensive coverage of the stock markets, business news, real estate, public policy, and other important topics of the day.

See more:

» CNBC's Power Lunch - Economic Pulse of the Nation
»
 CNBC's Power Lunch -
Job Creation in America
 

Colorado bioscience companies net $23M in grants
Announcement puts state in top-10 for QTDP program awards

bio_grantSixty Colorado bioscience companies recently received $23 million in grants and tax credits from the Affordable Care Act to support important research in the state's bioscience industry.

"The Affordable Care Act is helping Colorado companies create jobs and bolster the economy while addressing our critical healthcare needs," said Colorado Governor Bill Ritter. "Colorado companies are significantly benefiting from the new law, ranking in the top-10 of all states receiving grants through this research program."

The grants and tax credits will pay for 102 projects in the Qualifying Therapeutic Discovery Project (QTDP) program, awarded in early November by the Internal Revenue Service (IRS), in conjunction with the U.S. Department of Health and Human Services.

"This is a unique program in which $1 billion was allocated for tax credits and grants for start-up companies in the bioscience industry to help encourage innovation, advance technology, and help ensure that the U.S. remains competitive in this industry," said Holli Baumunk, president and CEO of the Colorado BioScience Association.

"Colorado has a nationally ranked bioscience cluster with the majority of companies being in the startup phase. Demonstrating the tremendous entrepreneurial climate in the state, more than 100 projects within Colorado have been funded through this program, bringing in more than $23 million for research activities," she added.

Learn more:

» Colorado companies receiving grants

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4
CU-Boulder's LASP gets green light on NASA's MAVEN mission 

NASA announced in early October that the University of Colorado's Laboratory for Atmospheric and Space Physics (LASP) could move into development stage on the Mars Atmosphere and Volatile Evolution (MAVEN) mission to probe Mars' atmosphere and its interaction with the sun. The LASP team will provide science operations, build two of the science instruments, and lead public outreach efforts for the $485 million project.

The contract is the largest ever awarded to CU-Boulder. Lockheed Martin Space Systems, located in unincorporated Jefferson County, will build the MAVEN spacecraft, and Centennial-headquartered United Launch Alliance was awarded MAVEN's $187 million launch contract. Roughly $400 million of the $485 million MAVEN contract has been awarded to Colorado firms and LASP.


5
Denver ranks in top-10 real estate markets to watch

Denver ranked in the top-10 of 20 U.S. real estate markets to watch in the Emerging Trends in Real Estate 2011 report by PricewaterhouseCoopers and the Urban Land Institute. "The city makes progress positioning for 21st-century growth by strengthening its downtown core through a new light rail and railroad hub to serve surrounding suburban nodes," said the report, which also noted Denver for having one of the nation's most modern airports, relatively low business taxes, and a broad-based economy.




FAA awards DIA $5.6 million for improvements, sustainability pilot

The Federal Aviation Administration (FAA) awarded Denver International Airport (DIA) four grants totaling $5.6 million in October for airport improvement projects. DIA will use the funds for taxiway rehabilitation, construction of a deicing containment facility, data collection for the FAA's Airport Geographic Information System (GIS), and to fund a study that will help establish sustainability guidelines for U.S. airports.


7
2010-2011 Economic Profile available online

The Metro Denver Economic Development Corporation recently released its 2010-2011 Metro Denver Economic Profile in print and in online, interactive formats. The publication is the most comprehensive source for doing business in the Metro Denver and Northern Colorado region and includes information on real estate, industries, companies, taxes, demographics, incentives, quality of life, and economic development contacts for the region.

»
View online
» Request printed copies


Colorado is the nation's fifth-most active cleantech job center, according to the Clean Tech Job Trends 2010 report. The study bases its rankings on cleantech job postings, patents, and investment activity.
- Clean Edge, Inc., 2010

This email was sent to: annie.boeckman@metrodenver.org

This email was sent by: Metro Denver Economic Development Corporation
1445 Market Street Denver, CO 80202


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