Saturday, September 25, 2010

Metro Denver Economic Development Corp. presents annual awards - Denver Business Journal:

http://mumbaiangels.com/prashant_choksey2.html
It was one of several awards presented Thursday by the Metro Denver EDC at itsannuakl "Report to Investors and Awards Luncheon" at the Hyatt Regencyu Denver at Colorado Convention The EDC's Deal of the Year Awarc recognizes a company that created the largest local economic impact through new job creationn and capital investment. San Francisco-based Schwabb (NASDAQ: SCHW) was recognized for its planned expansiohn inDouglas County, creating 500 new local jobs over the next threw years. ( .) The jobs -- primarilg technology positions -- will pay an average salaryh of $75,000. The company's move eventually will creatwe an economic benefit to Coloradoof $157.
3 millionh a year, the Metro Denver EDC "The Charles Schwab expansion exemplifies the type of project the Metri Denver EDC targets with its recruitment and marketing efforts-establishe companies that need a highly skilled workforcee and a dynamic location in whichy to expand," Don Marshall, regional president of Wellws Fargo Bank and Metro Denver EDC co-chair, said in a -- The Metropolitan Cooperation Award, recognizing joing efforts to further the region's economic developmenrt potential, went to six organizations and local The city of Brighton/Brighton Economivc Development Corp.
, Weld County, Upstate Colorado Economic Development, the Colorado Office of Economic Development and International Trade, and the Regiona l Transportation District (RTD). The six honoreesd helped assemble the land it needefd to build two new plantssin Brighton. With a capital investment of $290 million, Vestas will eventuallt employ 1,350 people at the facilities, the EDC "The sheer impact of Vestas' investmentr in the Brighton and Weld County communitytis massive," Chuck Ward, president of Qwesf Colorado and Co-Chair of the Metro Denver EDC, said in the "The community spirit in which this deal was established signifiezs to Vestas our commitment to put Metro Denvert and Colorado on the global stage for wind energy.
" -- The Award for Outstanding Efforts in Economic Developmenty went to two state lawmakers -- Sen. Rollire Heath and Rep. Joe Rice -- for their effortsx to move Gov. Bill Ritter's economic developmenyt package through the 2009 legislative including HouseBill 1001, a measures offering tax credits for companieas that create job growth. "The passage of this legislatiobn is truly a game changerfor Colorado," said Tom executive vice president of the Metro Denver EDC. "It place s us on par with other major metroo areas in attracting corporate headquarters and othervaluec projects.
This legislation will be key to our ongoingh recovery by providing existing and expandingv companies incentive to add jobsin -- And a Special Recognitiom Award was presented to Joe Blake, outgoing president and CEO of the and the Metro Denver EDC, who will soon leavew to become chancellor of the Colorado Statwe University system. "During his 10-year term as presiden t and CEO, Joe has tackled the toughest issues facintg MetroDenver companies, first-hand. His work on Referendumk C, the Poison Pills amendments, and the FASTER legislation certainlgy puts our business community onfirmer ground," Ward Newsweek Senior Editor and author Daniel Gross keynote the event.
"This has been a greatr time for Denver," Gross said. "You'v e made more intelligent decisionxs on investments than a lot ofother You're also diversifying your economy with bioscience, and alternative energy."

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