The group launched its first research center
spinoff for biofuels – called C2B2 – in
2007. A second spinoff, a major solar
energy research center called CRSP,
launched in 2008. And in 2009, the
group celebrated both the opening of the
Center for Research and Education in Wind
(CREW), and the groundbreaking of the
Solar Technology Acceleration Center’s
(SolarTAC) broke large-scale solar power
test and demonstration facility.
research funding – and that has also
helped to fuel the city’s thriving business
climate. For example, in 2009, the
University of Colorado at Boulder
received a record $339.7 million in
sponsored research awards; the University
of Colorado at Denver was awarded
$22.8 million; and the University of
Colorado Anschutz Medical Campus
received $342.4 million. The University
of Denver also benefited in 2009, with
nearly $21 million in sponsored research
grants, and the Colorado School of
Mines received $51.4 million.
QUALITY OF LIFE
It’s not surprising that people gravitate
here from other areas of the country for
Colorado’s high-tech economic base and
quality environment: A large portion of
Denver’s population growth has come
from highly educated workers from other
states who are attracted to Denver’s quality
of life and outdoor beauty. In fact, estimates
suggest a net migration of nearly 16,000
residents to the city in the next year – and
that’s good for business.
Colorado’s universities have also reaped
benefits of considerable academic
Total Exports Percent Change
$6, 125. 5 - 7.1%
$5,525.1 - 9.8%
$7,352.2 - 7.6%
$5,780.0 - 25.1%
Source: U.S. Census Bureau, Foreign Trade Division.
After all, the combination of the state’s –
and especially Denver’s – world-class cultural amenities, professional sports teams,
beautiful scenery, and plenty of recreational opportunities give relocating
employees a lot to love about this area.
For example, Denver is home to the
largest public parks system of any U.S.
city. Thousands of acres of open space
dot the area, giving relocating employees
and their families plenty of opportunities
to hike, bike, and snowshoe in their own
backyards since the spectacular Rocky
Mountains, with world-class ski resorts
and scenery, are only minutes away.
227 Liberty Media Internet Services & Retailing 23,073
295 Newmont Mining Mining, Crude Oil
307 Ball Corporation Packaging, Containers 14,500
381 CH2M Hill Engineering, Construction 23,500
413 Western Union Financial Data Services 6,800
*Total employees, not all located in Metro Denver; Source: Fortune, May 3, 2010.
STATE AND FEDERAL SUPPORT
Government support has also influenced the
city’s business growth. For example the U.S.
Department of Labor awarded the seven-county metro Denver region and two-county
Northern Colorado area a four-year, $15
million Workforce Innovation in Regional
Economic Development (WIRED) grant in
The goal was to expand the pipeline of
highly skilled workers in the region’s fastest
growing industries: aerospace, bioscience,
energy, and information technology, and to
implement a transformational approach to
regional workforce development, and that
has proven successful in expanding the
city’s economic and business appeal.
In addition, with several Colorado
Workforce Centers strategically located