Colorado Honors Top 50 Small Businesses
The Colorado Office of Economic Development and International Trade, in partnership with the Edward Lowe Foundation, recently honored 50 second stage companies from across the state as part of the “Colorado Companies to Watch” annual ceremony. In its fourth year, the Colorado Companies to Watch program recognizes the top 50 second stage companies in the state. These growth-oriented companies account for nearly 39 percent of the state’s economy in terms of sales and are responsible for 34 percent of all the jobs created.
“This year’s Colorado Companies to Watch winners highlight the impact of small businesses on our economy and demonstrate why Colorado is one of the nation’s leaders in innovation and entrepreneurship,” said Gov. John Hickenlooper.
Some of this year’s winners include:
Chromatic Technologies Inc. - Manufactures temperature-sensitive and light-sensitive dye for the beverage industry. Their work can be seen on Coors cans, whose patterns change colors due to light or temperature.
SoundTraxx - Makes audio equipment that work with model trains. They are an international company based in Durango that employs dozens of engineers and technicians, enjoying double digit growth.
Rocky Mountain Popcorn, Boulder Ice Cream, and 34 Degrees - These three companies use the same food manufacturer in Longmont, supporting another Colorado business and continue to grow their businesses and grow jobs.