The Metro Denver Economic Development Corp. this year worked with a record 163 new prospect companies this year, resulting in the metro area landing more than two dozen new businesses, including heavyweight companies such as Arrow Electronics and GE Energy, the group announced today.
Together, the expansions and relocations will bring more than 3,600 new jobs to the area. They also plan, in total, more than $700 million in capital investments in the region.
The Metro Denver EDC focuses on six strategic initiatives–mobility, tax reform, new and existing business, national marketing, Denver International Airport/international flights, and special opportunities–in order to create jobs and investment in our region. Below is a summary of major accomplishments in those areas for 2011:
- Continued to work with companies wanting to relocate or expand in Metro Denver. Major announcements in 2011, in addition to GE Energy, which plans a cutting edge solar manufacturing facility in Aurora, and Arrow Electronics, which is moving its world headquarters here, included: the Coleman Company, Southwest Windpower, DaVita Clinical (new research center and new call center), Avago Technologies, MicroDATA, RingCentral, the ACE Park, Intrawest, SMA Solar Technology, Mitomics, Bridgepoint, and Trulia.com.
- Partnered with the Intellectual Properties section of the Colorado Bar Association to manage Metro Denver’s submittal to the U.S. Patent and Trademark Office for one of two new satellite offices to be announced in 2012.
- The Colorado Energy Coalition, an affiliate of the Metro Denver EDC, published the third edition of the Resource Rich Colorado study in December 2011 measuring Colorado’s competitive position in the wind, solar, coal, natural gas, and oil industries.
- Partnered with the Colorado Governor’s office and the Denver Mayor’s office on an economic development mission to California. The Colorado delegation met with venture capitalists and business, academic, and community members to discuss job creation, innovation, and economic development.
- Expanded social media tools by adding a new Facebook page. Also reached a major milestone in December 2011 with 5,000 Twitter followers.
- This month, the Colorado Space Coalition (CSC), an affiliate of the Metro Denver EDC, along with the Colorado Space Business Roundtable hosted the Colorado Space Roundup, an event-packed forum on new developments in the state’s aerospace industry.
- Hosted new monthly Investor Roundtable Luncheons offering Metro Denver EDC investors the opportunity to connect with the organization’s staff and fellow investors and to collaborate and brainstorm on mutual challenges and new projects with industry-related peers.
- Traveled with DIA staff to Japan in November 2011 to promote the development of new nonstop international flight to Asia.
- Released the seventh edition of the Toward a More Competitive Colorado report in October,an extensive study of Colorado’s competitive position nationally for economic growth and job creation.
- Hosted the Metro Denver Site Selection Conference in September, bringing 10 of the nation’s top site selectors to Denver for three days of company meetings and tours of the region. The consultants that attended recognized Metro Denver for its superb talent, infrastructure, and central North American business location.
- The CSC hosted a Congressional Briefing Breakfast in August 2011 on the importance of aerospace to the state’s economy.
- Continued international and national public relations initiatives throughout the year to position Metro Denver for company location and expansion. Placements in national media outlets such as Reuters, The Today Show, The Wall Street Journal, and CNBC, reached nearly 130 million consumers for a $274,000 advertising impact.
- Throughout 2011, Metro Denver EDC’s CEO Tom Clark and Vice President Pam Reichert spoke at conferences hosted by the Brookings Institution as well as to inbound leadership groups from other states regarding Metro Denver’s nationally recognized regional economic development model.
- Published the 2011-2012 Metro Denver Economic Profile in August 2011, which provides the most comprehensive data and information on doing business in the region.
- Coordinated a cleantech prospect mission to Munich, Germany, where economic developers from the region attended Intersolar Europe and met with clean energy companies interested in locating facilities in Colorado.
- Led the site selection process on behalf of the Colorado Association of Manufacturing and Technology (CAMT) for the Aerospace and Clean Energy (ACE) Manufacturing and Innovation Park in Loveland. CAMT signed a five-year Space Act Agreement in 2010 to develop technology acceleration programs at the park.
- Attended or exhibited at several national/international trade shows, including WindPower 2011 Conference and Exhibition, the 27th Annual National Space Symposium, and the Solar Power International 2011 Trade Show and Exhibition.
- Released the Metro Denver Climate Prosperity Strategy in June, an initiative to increase financial and energy savings, expand employment and business opportunities, and improve the region’s vitality–all while reducing carbon emissions. As a result, a Speaker’s Bureau is being developed to educate the public on energy-efficient buildings.
- Launched the second phase of the Colorado Cleantech marketing initiative, including advertising, public relations, and social media efforts during the WindPower Conference and Exhibition in May 2011 and the Solar Power International Trade Show and Exhibition in October 2011. The broad campaign targets industry leaders and national and international companies in wind, solar, biofuels, smart grid, and natural gas.
- Hosted the Seventh Annual Meeting and Awards Luncheon in April highlighting investors support and work to make Metro Denver a competitive place for business. The Metro Denver EDC named DaVita the Deal of the Year award winner.
- Hosted a luncheon in April 2011 with South Korean Ambassador to the United States Han Duk-Soo and U.S. Senator Mark Udall for a discussion on the United States-Korea Free Trade Agreement and opportunities for Colorado companies to benefit from improved market access. Congress approved the agreement in October 2011 and the two governments are now in implementation discussions.
- On behalf of the Colorado Space Coalition, launched a new marketing campaign in April 2011 to coincide with the 27th Annual National Space Symposium. The initiative included a new video with testimonials by the state’s top aerospace leaders, print/online advertising, and a promotional brochure.
- Hosted the State of DIA 2011 event in March 2011 to highlight growth at Denver International Airport (DIA), future expansion plans, and the overall health of Metro Denver’s aviation industry.
- Hosted a seminar with Fred Hochberg, chairman of the U.S. Export-Import Bank and U.S. Agriculture Secretary Tom Vilsack, to promote increased export opportunities for the region’s small businesses.
- Hosted the first Executive Welcome Reception in January 2011 for company executives whose businesses expanded or relocated to Metro Denver in recent months. Newly inaugurated Gov. John Hickenlooper served as the keynote speaker.
- Published an annual Industry Cluster Study in January 2011 detailing seven top industries for job growth in Metro Denver and Northern Colorado.