Economic Development Commission

The Colorado Economic Development Commission (EDC) was created by the Colorado General Assembly to promote economic development in Colorado. It consists of 11 members, with three members appointed by the Senate, three appointed by the House, and five appointed by the Governor.

The EDC Members are tasked with reviewing the economic condition of Colorado, developing and implementing programs for the promotion of economic development in Colorado, and ensuring that such economic development programs create employment opportunities for Colorado residents and benefit Colorado companies across the state. The EDC approves incentives from the economic development funds to public and private entities throughout the state to help existing businesses expand and new companies locate to Colorado.

All policy and funding decisions are made by commission members. The commission is also responsible for policy decisions concerning the state Enterprise Zone program.

 EDC Goals

  • In cooperation with state, local and private entities, EDC staff develops incentive packages to assist with existing business expansions and new company relocation’s in order to promote job creation and retention in all regions of the state. In determining whether to approve incentive awards, the EDC reviews the number of jobs created, average salary levels, location and other factors.
  • The EDC has oversight for the Strategic Fund, Regional Tourism Act and the Job Growth Incentive Tax Credit program.
  • Identify and support specific programs and activities that assist rural economies.
  • Support economically distressed areas by providing state money which will be matched by local areas.
  • Assist state agencies in producing marketing materials and products that support ongoing business development efforts.
  • Develop and support events and activities that create business development leads and that promote Colorado nationally and internationally.

EDC Meeting Agenda and Minutes
The EDC typically meets on the third Thursday of the month.  Below are the tentatively scheduled meetings dates, which are subject to change at the discretion of the EDC.

View / Download the 2020 meeting schedule

January 16, 2020: Agenda | Minutes

February 20, 2020: Agenda | Minutes

March 9, 2020: Agenda | Minutes

March 19, 2020: Revised Agenda | Minutes

April 16, 2020: Agenda | Amended Minutes

April 22, 2020: Agenda | Minutes

April 25, 2020: Agenda | Minutes

May 21, 2020: Agenda | Minutes

June 18, 2020: Agenda | Minutes

July 16, 2020: Agenda | Minutes

August 20, 2020: Agenda | Minutes

August 31, 2020: Agenda | Minutes

September 17, 2020: Agenda | Minutes

October 15, 2020: Agenda | Minutes
NOTE:
Due to COVID-19 and the need to social distance, this will be a virtual meeting. There will be no physical presence for this meeting. If you wish to participate, please contact Virginia Davis at virginia.davis@state.co.us for the obligatory meeting credentials.


EDC Annual Report

View Archived EDC Annual Reports


For more information, please contact Virginia Davis, 303-892-3840.

Economic Development Commission