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Industry Innovator Strive Health Selects Colorado for Headquarters Expansion

Posted on 309 Strive Health has selected Colorado for its long-term headquarters expansion. The Denver-based startup has grown its employee base by more than 600% in the last year and today’s announcement includes the addition of 250 new Colorado jobs that support the company’s expansion in roles that include clinical, technical, data management, operations, and strategy. “As we kick off National Economic Development Week, it is fitting that we announce the continued growth and expansion of a Denver-based startup right here in Colorado,” said Governor Jared Polis. “These high-quality jobs are a great benefit to Colorado as Strive Health continues to solidify Colorado’s reputation for healthcare and health tech innovation.”

City to issue new cannabis business licenses but not in some neighborhoods

City to issue new cannabis business licenses but not in some neighborhoods BusinessDen file) Denver begins accepting new applications for cannabis business licenses next month but not for certain neighborhoods. The city’s Department of Excise and Licenses on Friday informed marijuana industry insiders of neighborhoods that the city feels already have an “undue concentration” of marijuana stores and/or cultivation facilities. Applications won’t be accepted for any neighborhoods that are considered to have an undue concentration, the city said in an email. Three neighborhoods Overland, Elyria Swansea and Northeast Park Hill appear on both lists. Next month will be the first time since 2016 the city accepts applications for new locations.

Denver lands another headquarters: Strive Health stays put

Tech health startup Strive Health will expand its headquarters in Denver and add up to 250 more jobs in coming years, the company announced Tuesday. Even though it was looking at locations in Michigan and Utah, CEO Chris Riopelle said Colorado’s “life-extending circumstances” like outdoor opportunities, public transportation and healthy lifestyle opportunities closed the deal. “The creatives of this place are just incredible,” Riopelle said on a video call. “It’s such a healthy place for ‘Strivers’ to live, with the lifestyle and activity set available.” The almost $8 million in economic incentives for the kidney care company also helped. For the second time in as many weeks, Colorado’s Office of Economic Development and International Trade’s (OEDIT) offer of Job Growth Incentive Tax Credits convinced company officials to move or expand a headquarters here.

Indian company chooses Fort Collins for U S headquarters – BizWest

FORT COLLINS Square Comp, an early stage virtual reality technology company based out of Chennai, Tamil Nadu, India, will make Fort Collins its new U.S. headquarters, the company announced Thursday in a news release. The move would bring 54 net new full-time jobs to the city spread across management, software and web development and operations positions. Fort Collins was chosen over the California Bay Area, according to the release. Square Comp manufactures customizable VR training platforms for manufacturing companies. By allowing companies to train new employees in a VR simulation of the company’s production floor, Square Comp’s technology aims to provide a safer, faster training environment. 

New VR training company puts U S HQ in Fort Collins

Just two weeks after Colorado offered it job tax credits, Square Comp announced it’s locating its U.S. headquarters in Fort Collins and creating more than 50 jobs. The early-stage Indian technology company develops virtual reality training for manufacturing companies. Fort Collins beat out the other location in California. The company’s flagship technology, GRAHA’s VR, “offers virtual reality-based technical training solutions to manufacturing companies for the up-skilling and reskilling of their blue-collar workforce.” The training is supposed to be safer and doesn’t require downtime on production lines. Founded in 2018, Square Comp is based in Chennai, India. The Colorado Office of Economic Development and International Trade offered the company up to $494,747 in performance-based job tax credits meaning they don’t get the money until the hires are onboarded. Square Comp has eight years to make the hires.

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