State board approves incentive offer that could add 1,500 Denver jobs

DENVER — The Colorado Economic Development Commission unanimously passed measures Thursday to authorize a pair of incentive offers that could result in nearly 1,500 new jobs in Denver.

The state will extend an offer of nearly $18 million in tax incentives to lure an unidentified tech company looking to potentially move its corporate headquarters to Denver.

That company — a Colorado firm referred to by the EDC as “Project Cowell” — could add as many as 1,368 new employees over the next eight years, according to the  Colorado Office of Economic Development and International Trade’s global business development manager Reid Aronstein.

An additional $107,500 in incentives will be offered to a company known as “Project Diablo,” a cloud computing data center operator.

That firm is also considering moving its headquarters to Arizona or Virginia, Aronstein said. About 126 employees will work at the headquarters.

DENVER — The Colorado Economic Development Commission unanimously passed measures Thursday to authorize a pair of incentive offers that could result in nearly 1,500 new jobs in Denver.

The state will extend an offer of nearly $18 million in tax incentives to lure an unidentified tech company looking to potentially move its corporate headquarters to Denver.

That company — a Colorado firm referred to by the EDC as “Project Cowell” — could add as many as 1,368 new employees over the next eight years, according to the  Colorado Office of Economic Development and International Trade’s global business development manager Reid Aronstein.

An additional $107,500 in incentives will be offered to a company known as “Project Diablo,” a cloud computing data center operator.

That firm is also considering moving its headquarters to Arizona or Virginia, Aronstein said. About 126 employees will work at the headquarters.