Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) is a Colorado state government agency under the Governor's Office that administers business recruitment, expansion, export, workforce, housing, and tourism programs through grants, tax credits, and trade missions for Colorado businesses and international companies.
- Company typePrivate
- Founded2011
- HeadquartersDenver, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Colorado Office of Economic Development and International Trade does
The Colorado Office of Economic Development and International Trade (OEDIT) is a Colorado state government agency under the Governor's Office, established in 2011 through the merger of the Colorado Office of Economic Development and the International Trade Office under Governor Hickenlooper. It functions as the centralized state authority for economic development, administering a portfolio of grants, tax credits, and incentive programs that target business recruitment, expansion, retention, export, workforce development, rural development, housing finance, and tourism. Its grant and incentive instruments include the Advanced Industries Accelerator Programs (covering seven advanced industries: advanced manufacturing, aerospace, bioscience, electronics, energy and natural resources, infrastructure engineering, and technology/information), the Job Growth Incentive Tax Credit (50% of FICA per net new job over 8 years), the Strategic Fund Job Growth Incentive (up to $6,500 per job over 5 years with local match), the State Trade Expansion Program (STEP) grant (up to $10,000/year for international expansion), the CHIPS Community Support Program, CHIPS Zones (Enterprise Zone tax credits for semiconductors), the Colorado Quantum Incubator (a 13,000-square-foot facility in Boulder), and the Colorado Renter Rewards Program (the nation's first state-backed tenant rewards initiative, powered by fintech partner Stake).
OEDIT is funded through annual Colorado state budget appropriations and federal grants and does not generate revenue from product sales or fees. The agency distributes its services through direct enterprise engagement by its Global Business Development team, the self-serve Choose Colorado website, international trade and investment missions (active in the Nordics, Finland, South Korea, Taiwan, Japan, the UK, and Mexico), a Global Consultant Network operating across 12 countries, and partnerships with regional and local economic development organizations. Its served customer base spans Colorado small and medium-sized businesses, primary employers considering relocation or expansion, rural communities and businesses, advanced industries companies across multiple verticals, international firms pursuing U.S. market entry (e.g., Vexlum's US HQ in Broomfield), and—via the Renter Rewards Program—Colorado tenants. Internally, OEDIT operates at least nine divisions including the Business Support Division (led by Director Nikki Maloney), Global Business Development, Business Funding and Incentives, the Colorado Tourism Office, Colorado Creative Industries, the Colorado Outdoor Recreation Industry Office, the Rural Opportunity Office, the Talent Innovation Office, and the Colorado Small Business Development Center Network. The agency is led by Executive Director Eve Lieberman and reports through the Colorado Economic Development Commission.
Colorado Office of Economic Development and International Trade firmographics
Firmographics- Name
- Colorado Office of Economic Development and International Trade
- Legal name
- Colorado Office of Economic Development and International Trade
- Website
- https://oedit.colorado.gov
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Colorado Office of Economic Development and International Trade (OEDIT) is a Colorado state government agency under the Governor's Office that administers business recruitment, expansion, export, workforce, housing, and tourism programs through grants, tax credits, and trade missions for Colorado businesses and international companies.
- Ownership category
- akta.pro rank
Colorado Office of Economic Development and International Trade industry classification
Industry- Product category
- Government Economic Development Services
- NAICS
- Employment Services (5613)
- SIC
- Services-Help Supply Services (7363)
- akta.pro primary industry
- Economic Growth, Trade & Private Sector Development Programs (BPADABAF)
- akta.pro secondary industries
- Official Development Assistance (ODA) Program Management (BPADAOAC), Dislocated Worker & Rapid Response / Reemployment Programs (EDAAAOAF)
Keywords
Where Colorado Office of Economic Development and International Trade is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Colorado Office of Economic Development and International Trade business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- State Budget Appropriations: OEDIT is funded through annual appropriations from the Colorado state government budget as the primary mechanism for supporting economic development activities, trade promotion, and business development programs statewide.
- Federal Grant Funding: OEDIT receives federal grants including State Trade Expansion Program (STEP) funding to support international trade activities and export assistance for Colorado small businesses.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Colorado Office of Economic Development and International Trade product offering
Product offeringCore offering
OEDIT is Colorado's state government economic development agency that promotes economic growth and long-term job creation by administering grant programs (e.g., Advanced Industries Accelerator, STEP), tax credit incentives (Job Growth Incentive Tax Credit, Strategic Fund, Enterprise Zone, CHIPS Zones), business recruitment and retention services, international trade promotion and export assistance, workforce development (Talent Innovation/Opportunity Now, SBDC advising), and targeted initiatives such as the Colorado Quantum Incubator and Colorado Renter Rewards Program. Its services are aimed at businesses considering expanding, relocating to, or operating within Colorado, as well as foreign companies exploring U.S. market entry via Colorado.
Product overview
The Colorado Office of Economic Development and International Trade (OEDIT) is a state government agency that serves as an economic development ecosystem rather than a single-product company. Its portfolio consists of multiple interconnected programs: the Advanced Industries Accelerator Programs provide grants and tax credits for technology businesses; Global Business Development division offers business recruitment, export services, and trade missions; workforce programs under Talent Innovation support job training and talent development; and specialized initiatives like the Colorado Renter Rewards Program, CHIPS Community Support, and the Colorado Quantum Incubator address specific economic development priorities. These programs work together to support businesses at every stage from startup funding through international expansion.
Differentiator
Problem solved
Functional benefit
Products and services
- Advanced Industries Accelerator Programs
- Global Business Development Division Services
- Job Growth Incentive Tax Credit
- Strategic Fund Job Growth Incentive
- State Trade Expansion Program (STEP) Grant
- Trade and Investment Missions
- Global Consultant Network
- Talent Innovation / Opportunity Now
- Colorado Renter Rewards Program
- Colorado CHIPS Community Support Program
- CHIPS Zones Program
- Colorado Quantum Incubator
- Colorado Small Business Development Center (SBDC) Network
- Enterprise Zone Program
Companies that use Colorado Office of Economic Development and International Trade
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles5 records
Colorado Office of Economic Development and International Trade technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Colorado Office of Economic Development and International Trade partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- University of ColoradocoreOEDIT collaborates with the University of Colorado system as a key partner in the Colorado Quantum Incubator initiative, supporting quantum technology commercialization and research-to-marketplace pathways.
- Colorado State UniversitycoreColorado State University partners with OEDIT on the Colorado Quantum Incubator, contributing research capabilities and student talent to support quantum technology startups.
- Colorado School of MinescoreThe Colorado School of Mines collaborates with OEDIT on the Colorado Quantum Incubator, leveraging engineering and applied science expertise to support quantum technology development.
- Colorado Quantum IncubatorcoreMulti-university initiative led by OEDIT in partnership with University of Colorado, Colorado State University, and Colorado School of Mines to support quantum technology startups in Colorado.
- VexlumminorFinnish laser company Vexlum established its US headquarters in Broomfield, Colorado with support from OEDIT's Global Business Development team, representing a successful foreign direct investment attraction.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Colorado Office of Economic Development and International Trade competitors and assessment
Company assessmentDirect peers
- California Governor's Office of Business and Economic Development (GO-Biz): California's state-level economic development agency coordinating business attraction, international trade, and innovation programs. Most directly comparable peer given similar scope covering FDI, incentives, and advanced industries.
- Texas Economic Development & Tourism Office: Texas's state economic development office administering the Texas Enterprise Fund, Skills Development Fund, and international trade promotion. Direct competitor for relocation and FDI projects, with substantially larger incentive budget.
- Empire State Development (New York): New York's principal economic development agency running Excelsior Jobs Program, START-UP NY, and regional council-based economic development strategy. Comparable scope of business attraction, international trade, and innovation programs.
- Washington State Department of Commerce: Washington's state economic development department administering sector-based programs in aerospace, clean energy, and life sciences, plus international trade promotion. Highly comparable given technology/innovation sector overlap and Pacific Rim international trade focus.
- Massachusetts Executive Office of Economic Development: Massachusetts's state economic development umbrella overseeing life sciences, innovation, and workforce programs. Comparable advanced-industries focus and talent-dense ecosystem, though smaller in scale than Colorado.
- Arizona Commerce Authority: Arizona's public-private economic development agency managing business attraction, semiconductor (TSMC-related) incentives, and international trade. Direct peer competing for advanced manufacturing and semiconductor projects, particularly given shared Sun Belt geography.
- North Carolina Department of Commerce: North Carolina's state economic development agency overseeing business recruitment, workforce development, and international trade. Comparable scope with emphasis on advanced industries, rural development, and FDI attraction.
- Utah Governor's Office of Economic Opportunity: Utah's state economic development organization administering tax incentives, workforce programs, and business recruitment. Comparable scale and structure to OEDIT, with similar technology-sector focus and tech-corridor identity.
- Oregon Business Oregon: Oregon's state economic development agency managing business attraction, international trade, and innovation programs. Comparable regional scope and western US focus, with similar advanced industries emphasis.
- Georgia Department of Economic Development: Georgia's state economic development agency running business recruitment, international trade, and innovation programs with substantial FDI activity (especially from Korea and Germany). Direct competitor for advanced manufacturing relocations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Colorado Office of Economic Development and International Trade social profiles
Digital presenceColorado Office of Economic Development and International Trade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Colorado Office of Economic Development and International Trade leadership team
Management profileNumber of profiles
Profiles7 records
Colorado Office of Economic Development and International Trade subsidiaries and ownership
Company hierarchySubsidiaries9 records
Colorado Office of Economic Development and International Trade funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Colorado Office of Economic Development and International Trade M&A and investment
M&A and investmentM&A
Investments73 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Colorado Office of Economic Development and International Trade
What does Colorado Office of Economic Development and International Trade do?
OEDIT is Colorado's state government economic development agency that promotes economic growth and long-term job creation by administering grant programs (e.g., Advanced Industries Accelerator, STEP), tax credit incentives (Job Growth Incentive Tax Credit, Strategic Fund, Enterprise Zone, CHIPS Zones), business recruitment and retention services, international trade promotion and export assistance, workforce development (Talent Innovation/Opportunity Now, SBDC advising), and targeted initiatives such as the Colorado Quantum Incubator and Colorado Renter Rewards Program. Its services are aimed at businesses considering expanding, relocating to, or operating within Colorado, as well as foreign companies exploring U.S. market entry via Colorado.
Is Colorado Office of Economic Development and International Trade a public or private company?
Colorado Office of Economic Development and International Trade is a private company. It is classified as state government owned and is currently operating.
When was Colorado Office of Economic Development and International Trade founded?
Colorado Office of Economic Development and International Trade was founded in 2011. It employs 101 to 250 people.
Where is Colorado Office of Economic Development and International Trade based?
Colorado Office of Economic Development and International Trade is headquartered in Denver, United States, in the North America region.
How does Colorado Office of Economic Development and International Trade make money?
Two revenue lines are on record. State Budget Appropriations are the primary driver. The others are federal Grant Funding.
Who are Colorado Office of Economic Development and International Trade's main competitors?
Direct peers on record are California Governor's Office of Business and Economic Development (GO-Biz), Texas Economic Development & Tourism Office, Empire State Development (New York), Washington State Department of Commerce, Massachusetts Executive Office of Economic Development, Arizona Commerce Authority, North Carolina Department of Commerce, Utah Governor's Office of Economic Opportunity, Oregon Business Oregon and Georgia Department of Economic Development.
Does Colorado Office of Economic Development and International Trade have an API?
No public API is recorded for Colorado Office of Economic Development and International Trade.
What industry is Colorado Office of Economic Development and International Trade in?
Colorado Office of Economic Development and International Trade's product category is Government Economic Development Services. Its primary akta.pro industry code is BPADABAF, Economic Growth, Trade & Private Sector Development Programs, with a secondary code of BPADAOAC, Official Development Assistance (ODA) Program Management. Its NAICS code is 5613 and its SIC code is 7363.