Economic Development Commission

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 and three appointed by the House.

The EDC approves loans and grants from the economic development fund to public and private entities throughout the state to help existing businesses expand and new companies locate to Colorado. It also implements marketing programs to support ongoing business activities.

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 relocations 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 2017 meeting schedule

January 19, 2017pdf pdf
February 16, 2017 (Revised)pdfpdf
March 16, 2017pdfpdf
April 20, 2017 (Revised)pdfpdf
May 10, 2017pdfpdf
May 18, 2017Revised pdfpdf
June 15, 2017pdfpdf
July 19, 2017pdf
August 17, 2017Revised pdf
August 29, 2017Revised pdf

EDC Annual Report

View Archived EDC Annual Reports

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