How Colorado Stacks Up
Colorado ranks in the top 10. kajfklajlj lksjdflkj lksdjfksdjkm,zkxfljflsdkjflskj sjdflksdjflkj ljdflkj klj,xdnflkjfslkj lkj lkdsjfslkjf lksfj sljkfjslkj kjsdlkjslksjfkljf jlkdjsdkljfkldj.
CO Strengths
How Colorado Stacks Up:
- The IT Industry grew employment by 22% from 2016-2021, the 7th fastest growth rate in the nation
- Colorado is estimated to increase employment in the tech industry by 9.6% from 2022-2027 – this is the 6th highest growth rate predicted across the nation.
- Colorado was the 2nd most concentrated tech industry economy, only behind Massachusetts (2021).
- The Kauffman Foundation found that Colorado had the 8th highest rate of new entrepreneurs in the nation (2021).
- Colorado had the 5th highest SBIR/STTR funding per $1M of GSP in the nation when standardized by the size of the state economy (2016-201). This funding can lead to critical early-stage funding for high-reward concepts.
- Colorado ranks 6th in venture capital funding when standardized by the size of the state economy (2016-2021).