Silicon Valley has always been thought of as the hot spot for start ups, but many entrepreneurs now claim Colorado is the perfect location for their startups and innovative ideas. Technological advances, and programs from Colorado universities are some factors that are influencing this innovative environment. Companies are starting to relocate and expand here because they recognize Colorado’s unique quality of life, business-friendliness, availability of capital and drive to spur innovation.
For many, Colorado evokes images of wildlife, mountains, skiing and other (recently legalized) recreational activities.
But did you know that Colorado, and particularly the Denver-Boulder area, is also a hub of innovation and entrepreneurial activity?
According to Startup Colorado, a regional consortium of entrepreneurs who share a vision of expanding entrepreneurship along the “Front Range” of cities stretching from Fort Collins to Colorado Springs, Boulder alone boasts no less than 166 startups and 7 investor groups. Some are established and very well-known – Coors Brewing Company and Celestial Seasonings – while others are on the rise now: Camp Bow Wow, Level 3 Communications, Spyder (ski apparel) and Rudi’s Organic Bakery.