Partnership expected to expand access to capital

A state effort will extend a partnership to expand access to venture capital for Colorado entrepreneurs and startup businesses. The Colorado Venture Capital Authority renewed a partnership with the Greater Colorado Venture Fund and committed nearly $11.2 million to fund Colorado companies. “Thanks to our successful partnership with Greater Colorado Venture Fund I, we can […]

Applicants sought for outdoor rec industry grants

Applications will be accepted through Feb. 28 for grants designed to support pandemic recovery for outdoor recreation businesses and nonprofit organizations in Colorado. The Outdoor Recreation Industry Impact Fund will provide funding to help outdoor recreation industry employers across the state hire and retain staff. “Colorado has seen one of the fastest recoveries in the […]

New tool helps businesses prevent identity theft

A new tool enabling Coloradans to report fraudulent business filings is now available from the Colorado Secretary of State’s Office. The tool — available online through the website at www.ColoradoSOS.gov — protects businesses and individuals by enabling them to report when someone has formed a new business fraudulently using someone else’s address or personal information […]

U.S. labor market kicks off 2023 with a bang

Payrolls increased more than 500,000 and the unemployment rate decreased to its lowest level in more than 50 years as 2023 began with an unexpected bang in the U.S. labor market. Nonfarm payrolls grew 517,000 and the jobless rate dropped to 3.4 percent in January, according to the latest numbers from the Bureau of Labor […]

Consumer Confidence Index retreats

A monthly measure of consumer confidence has dropped on less optimistic outlooks for business and labor conditions. The Conference Board reported its Consumer Confidence Index fell 1.9 points to 107.1 in January. A component of the index assessing current conditions advanced. But a component based on expectations retreated to a level that usually signals a […]

New business filings climb to record level in Colorado

Phil Castle, The Business Times A record number of new business filings bodes well for a Colorado economy otherwise expected to slow this year. The secretary of state’s office recorded 48,806 new entity filings in the fourth quarter of 2022 — a 37.2 percent year-over-year increase and the most ever for the fourth quarter. Another […]

Coming attraction: Marketing draws attention, and visitors, to Grand Junction

Coming attraction: Marketing draws attention, and visitors, to Grand Junction

Phil Castle, The Business Times Elizabeth Fogarty deems the inclusion of Grand Junction in an annual go-to list of global destinations published in the New York Times a significant milestone in local efforts to promote travel and tourism. “It’s considered PR gold in the travel industry.” But it’s only the latest media coverage to bring […]

Downtown florist shop next step for blooming business

Phil Castle, Business Times Sydney Garvey has sold flowers by subscription, at farmers markets and from her farm near Palisade. But she’s excited about soon selling flowers from yet another venue — a florist shop she’s about to open in downtown Grand Junction. “It’s, in my opinion, a perfect location.” Flowers by Garvey’s Gardens is […]

Rural mental health grants awarded

The Colorado Agricultural Commission has approved nearly $200,000 in funding for four projects through a new rural mental health grant program. “Farm and agricultural stress comes from so many different sources, yet there is a stigma around accessing services. Whether you’re dealing with the effects of climate change, anxiety and depression, struggling after deployment or […]