expanding opportunities to compete in the global marketplace

Expanding Opportunities to Compete in the Global Marketplace August 1, 2016

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Expanding Opportunities to

Compete in the Global MarketplaceAugust 1, 2016

Traditional Process• Traditional State Economic Development

– Battling Between States

• Give a Tax Credit, Get a Headquarters

• Build a Campus

• Hostage Negotiation

Page 3: Expanding Opportunities to Compete in the Global Marketplace

Colorado’s Strategy• Data Driven Global Business

Development

• Lead with Case Studies & Talent

• Build the Coalition

• Modest, Performance-Based Incentives

Page 4: Expanding Opportunities to Compete in the Global Marketplace

Colorado’s Global Business Recruitment, Retention, &

Expansion Process

Qualify/EvaluateCompany & Project Scope

Employment PlansFinancial Analysis &Incentive Application

Approval by EDC, Decision, Service After Sale

Page 5: Expanding Opportunities to Compete in the Global Marketplace

Competing Globally

Attendorn, GermanyFounded 1899

Klagenfurt, AustriaFounded 1479

Baar-Zug, SwitzerlandFounded 1996

Stans, SwitzerlandFounded 1939

Winnenden, GermanyFounded 1935

Aarhus, DenmarkFounded 1945

Page 6: Expanding Opportunities to Compete in the Global Marketplace

What can Colorado leverage?• Assets

30 Federal Research Labs/Institutions

• TalentSkilled Workforce Across Advanced Industries

• ConnectivityAirports, Global Consultant Networks, & More!

• Incentives & Infrastructure

Page 7: Expanding Opportunities to Compete in the Global Marketplace

Government Concierge

Page 8: Expanding Opportunities to Compete in the Global Marketplace

Questions?

Sam BaileySenior Manager – Global Business Development

Colorado Office of Economic Development & International Trade

(303) [email protected]

www.advancecolorado.com

mailto:[email protected]

http://www.advancecolorado.com/

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