We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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The report, released by the Colorado Office of Economic Development and International Trade and Gov. John Hickenlooper’s office, highlighted efforts of the state’s Colorado Blueprint plan to improve the economy.
“This annual report reflects the work from people and businesses throughout Colorado to create an economic development strategy with real benchmarks, measurable goals and concrete solutions to help every community create jobs and help businesses thrive,” Hickenlooper said in a statement.
The report highlighted the following achievements:
> Retention and expansion of TeleTech Holdings, Bal Seal Engineering, The Coleman Co. and TriZetto Group.
> Five new headquarter announcements in 2012: Arrow Electronics, Blockbuster/DISH, SCL Health System, TriZetto and National Bank Holdings Corp.
> Creation of the Colorado Innovation Network, which brought together hundreds of leaders to discuss how innovation can create jobs.
> Improved access to capital through new programs such as Colorado Capital Access and Cash Collateral Support, which made millions of dollars available to small businesses.
The state’s plan has focused on building a business friendly environment; retaining, growing and recruiting businesses; increasing access to capital; and developing a strong Colorado brand. It has emphasized workforce education and training as well as cultivating innovation and technology.