New economic development alliance to launch in 1Q

FORT COLLINS – A new Northern Colorado economic development organization that will launch in the first quarter is shooting for an annual budget of $1 million, as the organization seeks a high-caliber chief executive to head its efforts.

The Northern Colorado Economic Alliance, founded by auto dealer Scott Ehrlich and Woodward Inc. (Nasdaq: WWD) CEO Tom Gendron, will employ at least five people. The organization has not found office space yet, but representatives are aiming for a central location.

The economic alliance, first reported by BizWest in October, will focus on regional economic development in Weld and Larimer counties, though its efforts could…