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Grand Junction Economic Partnership

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uuid0005mdm

Namestring
Grand Junction Economic Partnership
Legal namestring
Grand Junction Economic Partnership
Websiteurl
gjep.org
Company typeenum
Private
Founded yearint
1984
Descriptiontext

The Grand Junction Economic Partnership (GJEP) is a private non-profit organization incorporated in Colorado in 1984 and designated as the official economic development agency for Mesa County and the City of Grand Junction. Operating with a small core staff of four led by Executive Director Curtis Englehart, plus a 25+ member Board of Directors, GJEP provides free business relocation and expansion services to companies evaluating or operating in the Grand Junction, Fruita, and Palisade area of Western Colorado. Its service portfolio includes site selection, real estate and incentive navigation, workforce development connections, permit assistance, and community introductions. The organization does not sell technology products; its underlying platform consists of a GIS-based site selection tool (gjep.giswebtechguru.com), a HubSpot-backed marketing and newsletter stack, and a WordPress-based content hub at gjep.org.

GJEP's core programs are the Rural Jump-Start Program (originated in Mesa County in 2015; up to 8 years of zero state income/sales/property taxes plus cash grants of up to $20,000 plus $2,500 per new hire), the Advanced Industries Accelerator (state grants up to $250,000), Opportunity Zone guidance across seven federally designated zones, and the Colorado West Global Landing Pad for foreign direct investment. The annual Western Colorado Economic Summit, hosted at Colorado Mesa University, functions as the organization's flagship engagement event with 500+ attendees.

GJEP's revenue model is a non-profit hybrid: tiered private investor contributions (Connector $1,000 to Chairman's Circle $20,000), public appropriations from four municipal jurisdictions, and competitive grants such as the $50,000 Colorado CHIPS Community Support Program award in 2024. The organization does not monetize services directly to businesses and does not publicly disclose financials. In 2025, GJEP reported a record $194,872,443 in total economic impact attributed to supported expansion and relocation projects, including 29 cumulative Rural Jump-Start approvals since 2016.

Short descriptiontext

Grand Junction Economic Partnership is a private non-profit serving as the official economic development agency for Mesa County, Colorado, providing free business relocation, site selection, and incentive navigation services to companies across Western Colorado since 1984.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersGrand Junction, United States
HQ citystring
Grand Junction
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
economic development services, business relocation support, site selection assistance, tax incentive programs, workforce development
Industry1 code
1Economic Development & Business Licensing (Local)
CodeBPAIACANPrimaryYes
NAICS code1 code
  • Administration of General Economic Programs92611
Product category
Economic Development Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Investor Contributions
TypeSubscription Recurring
Description

As a private non-profit, GJEP operates with support from community investors, public partners, and economic development partners through annual investment programs at various levels (Connector $1,000, Advocate $2,500, Visionary $5,000, Strategic Partner $10,000, Chairman's Circle $20,000).

gjep.org
2Grants and Public Funding
TypeData Monetisation
Description

GJEP receives support from public partners including City of Grand Junction, Mesa County, City of Fruita, and Town of Palisade. They also secure grants such as the $50,000 Colorado CHIPS Community Support Program grant.

gjep.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Marketing or Sales, Operations, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

GJEP provides free economic development services to businesses considering relocation or expansion in Mesa County, Colorado. Core offerings include business recruitment and expansion support, incentive eligibility navigation (Rural Jump-Start, Job Growth Tax Credit, Enterprise Zone, Opportunity Zones), site selection and real estate assistance, workforce development connections, and introductions to local leadership. The organization also administers access to state-level incentive programs and hosts the annual Western Colorado Economic Summit as an engagement platform.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Record $194,872,443 total economic impact in 2025
+3 more records
Product overview1 text field

Grand Junction Economic Partnership (GJEP) offers a suite of economic development programs and services rather than a technology product. The core offering consists of business development services including site selection, incentive navigation, and workforce development support. Key programs include the Rural Jump-Start Program (tax incentives and cash grants for new businesses), the Advanced Industries Accelerator (state grants for advanced technology companies), Opportunity Zones assistance, and the Colorado West Global Landing Pad (support for international companies). GJEP also hosts the annual Western Colorado Economic Summit. All services are provided at no cost to businesses.

Product and service1 record
1Business Development Services
Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Primary state-level economic development partner. OEDIT administers programs GJEP connects businesses to including Rural Jump-Start, Job Growth Tax Credit, Advanced Industries Accelerator, and Colorado CHIPS Program. GJEP works closely with OEDIT on business recruitment, incentive approvals, and regional economic initiatives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Co-sponsor of Colorado West Global Landing Pad program. Business Incubator Center supports launch, growth, and stabilization of enterprises through programs including Business Loan Fund, Incubator Intensive Program, Commercial Kitchen, GJ Makerspace, and co-working spaces. GJEP refers startups and entrepreneurs to BIC.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Key workforce development partner. CMU provides talent pipeline for businesses through internships, graduates, and alumni. Required partner for Rural Jump-Start Program. CMU Tech offers customized employee training, LEAN manufacturing training, and certificate programs. GJEP facilitates business connections to CMU resources.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Provides no-cost workforce services for businesses and job seekers including recruitment assistance, career guidance, development workshops, and paid on-the-job training. GJEP collaborates on workforce solutions for expanding businesses.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Long-standing partner with 100+ years of experience. Represents 950+ business members with 37,000+ employees. GJACC provides advocacy, networking, workforce development support, and local business promotion. Partners on business attraction and expansion projects.

Strategic tierKeyTypeStrategic or Co-development Partner
Description

Collaborated with GJEP and Grand Junction Chamber on West Star Aviation expansion incentives. Provided $123,000 local match for state's Strategic Fund Job Growth Incentive totaling $246,000 combined.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Primary municipal partner and public investor. GJEP serves as the official economic development agency for the City. City provides land purchase support ($5.6M for MRF facility) and collaborates on business incentives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Primary county partner and public investor. GJEP serves as the official economic development agency for Mesa County. County collaborates on business incentives and infrastructure development.

Strategic tierSecondaryTypeStrategic or Co-development Partner
Description

Local chamber serving Fruita area. Hosts business programs, networking events, Women in Business and Veterans in Business groups, government affairs committee, and community events including Fruita Fall Festival and Farmers Market.

Strategic tierSecondaryTypeStrategic or Co-development Partner
Description

Local chamber serving Palisade area. Supports tourism initiatives and community events including Palisade Peach Festival.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Regional EDO serving the Denver metro and surrounding counties, providing site selection, business attraction, and workforce data — directly comparable mission to GJEP, though at substantially greater scale and budget.

TypeDirect peer
Description

State-level economic development agency administering business recruitment, rural community support, and incentive programs comparable to GJEP's regional mandate and small-metro/rural focus.

TypeDirect peer
Description

Regional economic development organization serving the Greeley/Weld County area of Colorado with business recruitment and retention services; comparable mid-sized regional EDO model.

TypeDirect peer
Description

State economic development agency administering business incentives, recruitment, and rural development programs that parallel GJEP's small-metro/rural focus.

TypeDirect peer
Description

State-level economic development agency providing business recruitment, financing, and community development support comparable to GJEP's regional mandate but across a larger rural geography.

TypeDirect peer
Description

Regional EDO serving Pueblo and Southern Colorado with comparable business attraction, expansion support, and incentive programs — directly comparable scope and small-team operating model to GJEP.

TypeRegional player
Description

Large regional EDO serving the Phoenix metro with business attraction and expansion support; comparable mission but operates in a much larger, faster-growing market that competes with GJEP for Western U.S. relocations.

TypeDirect peer
Description

Regional economic development organization for the Colorado Springs metro area, offering business attraction, expansion support, and incentive navigation comparable to GJEP's model but in a larger market with a heavier aerospace and defense concentration.

TypeDirect peer
Description

Regional economic development organization serving Northern Colorado (Fort Collins, Loveland, Greeley area), offering similar business recruitment, retention, and incentive navigation services as GJEP within the same state.

TypeDirect peer
Description

State-level economic development organization administering incentive programs and business attraction services analogous to GJEP's role at the state/regional level.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Grand Junction Economic Partnership

Economic Development Servicesgjep.org

Grand Junction Economic Partnership is a private non-profit serving as the official economic development agency for Mesa County, Colorado, providing free business relocation, site selection, and incentive navigation services to companies across Western Colorado since 1984.

What Grand Junction Economic Partnership does

The Grand Junction Economic Partnership (GJEP) is a private non-profit organization incorporated in Colorado in 1984 and designated as the official economic development agency for Mesa County and the City of Grand Junction. Operating with a small core staff of four led by Executive Director Curtis Englehart, plus a 25+ member Board of Directors, GJEP provides free business relocation and expansion services to companies evaluating or operating in the Grand Junction, Fruita, and Palisade area of Western Colorado. Its service portfolio includes site selection, real estate and incentive navigation, workforce development connections, permit assistance, and community introductions. The organization does not sell technology products; its underlying platform consists of a GIS-based site selection tool (gjep.giswebtechguru.com), a HubSpot-backed marketing and newsletter stack, and a WordPress-based content hub at gjep.org.

GJEP's core programs are the Rural Jump-Start Program (originated in Mesa County in 2015; up to 8 years of zero state income/sales/property taxes plus cash grants of up to $20,000 plus $2,500 per new hire), the Advanced Industries Accelerator (state grants up to $250,000), Opportunity Zone guidance across seven federally designated zones, and the Colorado West Global Landing Pad for foreign direct investment. The annual Western Colorado Economic Summit, hosted at Colorado Mesa University, functions as the organization's flagship engagement event with 500+ attendees.

GJEP's revenue model is a non-profit hybrid: tiered private investor contributions (Connector $1,000 to Chairman's Circle $20,000), public appropriations from four municipal jurisdictions, and competitive grants such as the $50,000 Colorado CHIPS Community Support Program award in 2024. The organization does not monetize services directly to businesses and does not publicly disclose financials. In 2025, GJEP reported a record $194,872,443 in total economic impact attributed to supported expansion and relocation projects, including 29 cumulative Rural Jump-Start approvals since 2016.

Grand Junction Economic Partnership firmographics

Firmographics
Name
Grand Junction Economic Partnership
Legal name
Grand Junction Economic Partnership
Website
https://gjep.org
Company type
Private
Founded year
1984
Operating status
Operating
Headcount range
1–10 employees
Short description
Grand Junction Economic Partnership is a private non-profit serving as the official economic development agency for Mesa County, Colorado, providing free business relocation, site selection, and incentive navigation services to companies across Western Colorado since 1984.
Ownership category
akta.pro rank

Grand Junction Economic Partnership industry classification

Industry
Product category
Economic Development Services
NAICS
Administration of General Economic Programs (92611)
akta.pro primary industry
Economic Development & Business Licensing (Local) (BPAIACAN)

Keywords

  • Economic development services
  • Business relocation support
  • Site selection assistance
  • Tax incentive programs
  • Workforce development

Where Grand Junction Economic Partnership is headquartered

Location

Headquarters

HQ city
Grand Junction
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Grand Junction Economic Partnership business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Marketing or Sales, Operations, Others

Revenue model

  1. Investor Contributions: As a private non-profit, GJEP operates with support from community investors, public partners, and economic development partners through annual investment programs at various levels (Connector $1,000, Advocate $2,500, Visionary $5,000, Strategic Partner $10,000, Chairman's Circle $20,000).
  2. Grants and Public Funding: GJEP receives support from public partners including City of Grand Junction, Mesa County, City of Fruita, and Town of Palisade. They also secure grants such as the $50,000 Colorado CHIPS Community Support Program grant.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Grand Junction Economic Partnership product offering

Product offering

Core offering

GJEP provides free economic development services to businesses considering relocation or expansion in Mesa County, Colorado. Core offerings include business recruitment and expansion support, incentive eligibility navigation (Rural Jump-Start, Job Growth Tax Credit, Enterprise Zone, Opportunity Zones), site selection and real estate assistance, workforce development connections, and introductions to local leadership. The organization also administers access to state-level incentive programs and hosts the annual Western Colorado Economic Summit as an engagement platform.

Product overview

Grand Junction Economic Partnership (GJEP) offers a suite of economic development programs and services rather than a technology product. The core offering consists of business development services including site selection, incentive navigation, and workforce development support. Key programs include the Rural Jump-Start Program (tax incentives and cash grants for new businesses), the Advanced Industries Accelerator (state grants for advanced technology companies), Opportunity Zones assistance, and the Colorado West Global Landing Pad (support for international companies). GJEP also hosts the annual Western Colorado Economic Summit. All services are provided at no cost to businesses.

Differentiator

Problem solved

Functional benefit

Products and services

  • Business Development Services

Quantifiable outcome

  • Record $194,872,443 total economic impact in 2025
  • +3 more outcomes

Companies that use Grand Junction Economic Partnership

Customer profile

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Grand Junction Economic Partnership technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Grand Junction Economic Partnership partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core, key and secondary.

  • Colorado Office of Economic Development & International Trade (OEDIT)coreStrategic or Co-development PartnerPrimary state-level economic development partner. OEDIT administers programs GJEP connects businesses to including Rural Jump-Start, Job Growth Tax Credit, Advanced Industries Accelerator, and Colorado CHIPS Program. GJEP works closely with OEDIT on business recruitment, incentive approvals, and regional economic initiatives.
  • Business Incubator CentercoreStrategic or Co-development PartnerCo-sponsor of Colorado West Global Landing Pad program. Business Incubator Center supports launch, growth, and stabilization of enterprises through programs including Business Loan Fund, Incubator Intensive Program, Commercial Kitchen, GJ Makerspace, and co-working spaces. GJEP refers startups and entrepreneurs to BIC.
  • Colorado Mesa UniversitycoreStrategic or Co-development PartnerKey workforce development partner. CMU provides talent pipeline for businesses through internships, graduates, and alumni. Required partner for Rural Jump-Start Program. CMU Tech offers customized employee training, LEAN manufacturing training, and certificate programs. GJEP facilitates business connections to CMU resources.
  • Mesa County Workforce CentercoreStrategic or Co-development PartnerProvides no-cost workforce services for businesses and job seekers including recruitment assistance, career guidance, development workshops, and paid on-the-job training. GJEP collaborates on workforce solutions for expanding businesses.
  • Grand Junction Area Chamber of CommercecoreStrategic or Co-development PartnerLong-standing partner with 100+ years of experience. Represents 950+ business members with 37,000+ employees. GJACC provides advocacy, networking, workforce development support, and local business promotion. Partners on business attraction and expansion projects.
  • Industrial Developments Inc.keyStrategic or Co-development PartnerCollaborated with GJEP and Grand Junction Chamber on West Star Aviation expansion incentives. Provided $123,000 local match for state's Strategic Fund Job Growth Incentive totaling $246,000 combined.
  • City of Grand JunctioncoreStrategic or Co-development PartnerPrimary municipal partner and public investor. GJEP serves as the official economic development agency for the City. City provides land purchase support ($5.6M for MRF facility) and collaborates on business incentives.
  • Mesa CountycoreStrategic or Co-development PartnerPrimary county partner and public investor. GJEP serves as the official economic development agency for Mesa County. County collaborates on business incentives and infrastructure development.
  • Fruita Chamber of CommercesecondaryStrategic or Co-development PartnerLocal chamber serving Fruita area. Hosts business programs, networking events, Women in Business and Veterans in Business groups, government affairs committee, and community events including Fruita Fall Festival and Farmers Market.
  • Palisade Chamber of CommercesecondaryStrategic or Co-development PartnerLocal chamber serving Palisade area. Supports tourism initiatives and community events including Palisade Peach Festival.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Grand Junction Economic Partnership competitors and assessment

Company assessment

Direct peers

  • Metro Denver Economic Development Corporation: Regional EDO serving the Denver metro and surrounding counties, providing site selection, business attraction, and workforce data — directly comparable mission to GJEP, though at substantially greater scale and budget.
  • Idaho Department of Commerce: State-level economic development agency administering business recruitment, rural community support, and incentive programs comparable to GJEP's regional mandate and small-metro/rural focus.
  • Upstate Colorado Economic Development: Regional economic development organization serving the Greeley/Weld County area of Colorado with business recruitment and retention services; comparable mid-sized regional EDO model.
  • Nebraska Department of Economic Development: State economic development agency administering business incentives, recruitment, and rural development programs that parallel GJEP's small-metro/rural focus.
  • Wyoming Business Council: State-level economic development agency providing business recruitment, financing, and community development support comparable to GJEP's regional mandate but across a larger rural geography.
  • Pueblo Economic Development Corporation: Regional EDO serving Pueblo and Southern Colorado with comparable business attraction, expansion support, and incentive programs — directly comparable scope and small-team operating model to GJEP.
  • Colorado Springs Chamber & EDC: Regional economic development organization for the Colorado Springs metro area, offering business attraction, expansion support, and incentive navigation comparable to GJEP's model but in a larger market with a heavier aerospace and defense concentration.
  • Northern Colorado Economic Alliance: Regional economic development organization serving Northern Colorado (Fort Collins, Loveland, Greeley area), offering similar business recruitment, retention, and incentive navigation services as GJEP within the same state.
  • Utah Governor's Office of Economic Opportunity: State-level economic development organization administering incentive programs and business attraction services analogous to GJEP's role at the state/regional level.

Regional players

  • Greater Phoenix Economic Council: Large regional EDO serving the Phoenix metro with business attraction and expansion support; comparable mission but operates in a much larger, faster-growing market that competes with GJEP for Western U.S. relocations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Grand Junction Economic Partnership social profiles

Digital presence

Grand Junction Economic Partnership financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Grand Junction Economic Partnership leadership team

Management profile

Number of profiles

Profiles4 records

Grand Junction Economic Partnership funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Grand Junction Economic Partnership M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grand Junction Economic Partnership

What does Grand Junction Economic Partnership do?

GJEP provides free economic development services to businesses considering relocation or expansion in Mesa County, Colorado. Core offerings include business recruitment and expansion support, incentive eligibility navigation (Rural Jump-Start, Job Growth Tax Credit, Enterprise Zone, Opportunity Zones), site selection and real estate assistance, workforce development connections, and introductions to local leadership. The organization also administers access to state-level incentive programs and hosts the annual Western Colorado Economic Summit as an engagement platform.

Is Grand Junction Economic Partnership a public or private company?

Grand Junction Economic Partnership is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Grand Junction Economic Partnership founded?

Grand Junction Economic Partnership was founded in 1984. It employs 1 to 10 people.

Where is Grand Junction Economic Partnership based?

Grand Junction Economic Partnership is headquartered in Grand Junction, United States, in the North America region.

How does Grand Junction Economic Partnership make money?

Two revenue lines are on record. Investor Contributions are the primary driver. The others are grants and Public Funding.

Who are Grand Junction Economic Partnership's main competitors?

Direct peers on record are Metro Denver Economic Development Corporation, Idaho Department of Commerce, Upstate Colorado Economic Development, Nebraska Department of Economic Development, Wyoming Business Council, Pueblo Economic Development Corporation, Colorado Springs Chamber & EDC, Northern Colorado Economic Alliance and Utah Governor's Office of Economic Opportunity. Greater Phoenix Economic Council is listed as a regional player.

Does Grand Junction Economic Partnership have an API?

No public API is recorded for Grand Junction Economic Partnership.

What industry is Grand Junction Economic Partnership in?

Grand Junction Economic Partnership's product category is Economic Development Services. Its primary akta.pro industry code is BPAIACAN, Economic Development & Business Licensing (Local). Its NAICS code is 92611.

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Live signals
The Business TimesShort to deliver lunch keynote at economic summitRyan Short, CEO and co-founder of CivicBrand, has been announced as the lunch keynote speaker at the Western Colorado Economic Summit on April 23 at Colorado Mesa University, where he will present on place branding as a strategic economic development tool. The summit is hosted by the Grand Junction Economic Partnership and will also feature an Interactive Rural Economic Development Forum with U.S. Senator Michael Bennet and Colorado Attorney General Phil Weiser. Short is a nationally recognized leader in place branding who has guided community development initiatives across the United States since 2008.The Business TimesGJEP’s Englehart becomes Certified Economic DeveloperCurtis Englehart, Executive Director of Grand Junction Economic Partnership, received the Certified Economic Developer designation from the International Economic Development Council. He is now one of over 1,250 active CEcDs worldwide, having passed a rigorous three-part examination covering economic development areas including business retention, finance, marketing, and workforce development. The designation establishes a benchmark of excellence for economic development professionals who serve as driving forces in their communities.The Business TimesGJEP receives grant to expand advanced industriesThe Grand Junction Economic Partnership received a $50,000 grant from the Colorado CHIPS Community Support Program to conduct a market study for semiconductor and advanced industry development. This funding is part of a broader initiative by Governor Jared Polis's administration to expand these sectors across Colorado using federal resources from the CHIPS and Science Act.PR NewswireFirst Colorado Company to Receive Equity Investment Under New Opportunity Zone GuidelinesProximity Space, Inc., a software company based in designated Opportunity Zones in Grand Junction and Montrose, Colorado, has become the first Colorado-based company to receive equity investment from a Qualified Opportunity Zone Fund under new federal guidelines issued in April 2019. The company intends to use the funding to expand its global network of coworking software technology and enter new international markets. The Grand Junction Economic Partnership noted that the funding signals the new guidelines are helping accelerate economic growth by supporting diverse business expansion in the region.