City of Grand Junction awards $464,000 for economic development efforts

The City of Grand Junction has awarded a total of nearly $464,000 to five organizations involved in economic development.

Grand Junction Mayor Rick Taggart presented representatives from the organizations with checks during a March 7 city council meeting. The city awarded:

$189,000 to the Grand Junction Economic Partnership for activities related to bringing companies and jobs to Mesa County, including industry lists, marketing, prospect visits, travel, trade shows and website design and upgrades as well as general operating expenses.

$102,600 to the Business Incubator Center based in Grand Junction for its efforts to help entrepreneurs start and grow businesses, including the operation and expansion of the GJ MakerSpace, website design and upgrades and general operating expenses.

$73,800 to the Greater Grand Junction Sports Commission for its efforts to promote sports events that contribute to the Grand Valley economy. Funding will be used for association memberships, a feasibility report, marketing and trade shows as well as operational costs. The commission is a collaborative effort of Colorado Mesa University, Mesa County, the cities of Grand Junction and Fruita and town of Palisade.

$68,200 to Industrial Developments Inc. to provide incentives for job creation.

$30,000 to the Grand Junction Area Chamber of Commerce for business roundtable events, communications and publicizing success stories.

The awards follow the recommendations of firms that conducted competitive location assessment and branding research for the City of Grand Junction and Mesa County. The firms recommended a more coordinated approach to economic development as well as a more consistent message communicating a brand identity. The firms also recommended the city partner with organizations involved in economic development and fund their efforts.