Author: Wayne Heilman Special to the Gazette
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Friends realize dreams in opening Colorado Springs barber shop
Luke Will and Marcus Amos had dreamed for years of starting their own barbershop. After spending two months and more than $10,000 of their savings to renovate a storefront on South Eighth Street, those dreams became a reality with the opening of the Elm Barber Shop. The co-owners of the shop at 1612 S. Eighth…
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Colorado Springs area unemployment little changed
The Colorado Springs-area unemployment rate remained unchanged in November, mostly as a result of another decline in the labor force, according to the latest data from the U.S. Bureau of Labor Statistics. The local jobless rate had declined for five consecutive months, reaching an eight-year low of 4.3 percent in October. While the percentage of…
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Penrose-St. Francis, YMCA ‘meant to be together’ to change area’s health, exec says
Penrose-St. Francis Health Services and the YMCA of the Pikes Peak Region have formed a partnership to improve the health of Colorado Springs area residents through health risk assessments, screenings, employee wellness programs and other initiatives, the two nonprofit organizations said Friday. The partnership is an expansion of the relationship that began with the opening…
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Cyber and software expertise meet in Colorado Springs’ Boecore
Boecore Inc. is trying to create a new type of engineer that combines the skills of cybersecurity with software development by training workers in each area of expertise in the other area as a strategy to help the Colorado Springs-based defense contractor become more innovative and win more government contracts. The company isn’t necessarily trying…
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$750K grant to be used to construct Cyber and Space Operations Center in Colorado Springs
Catalyst Campus for Technology & Innovation was awarded a $750,000 grant from the Colorado Economic Development Commission to build out an information technology network and laboratory where satellite, space and GPS technologies will be developed and tested for military and commercial use. Partners in the campus, located in a former railroad station on the eastern…
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Colorado Springs investment adviser ordered to repay clients
A Colorado Springs investment adviser has agreed to liquidate his nearly $10 million investment portfolio and return the money to his 198 clients, including 19 from Colorado, in an agreement with Colorado securities regulators. Eric James Nickerson, who operates Third Century II out of his Rockrimmon area home, agreed to liquidate the portfolio as part…
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Nominate a Colorado Company to Watch
The Colorado Companies to Watch awards program is seeking nominations of and applications from fast-growing businesses around the state that often aren’t recognized for the role they plan in Colorado’s economy. Nominations and applications are due by 5 p.m. Jan. 31 at the program’s website – www.coloradocompaniestowatch.org/2016-award-application to apply or www.coloradocompaniestowatch.org/2016-award-nomination to nominate another business.…
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Spectranetics closes on $110M financing
Colorado Springs-based medical laser manufacturer Spectranetics Corp. said Monday it closed on $110 million in debt financing from MidCap Financial Trust and Silicon Valley Bank to replace a previous financing from Wells Fargo Bank to support the company through the launch of a new product line. The financing includes a $60 million, five-year loan with…
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Colorado Springs Airport seeking loan of up to $5M for repaving projects, equipment purchases
The Colorado Springs Airport plans to seek a low-interest, 10-year loan of up to $5 million next month from the Colorado Department of Transportation to pay for a series of repaving projects and equipment purchases over the next two years. The Colorado Springs City Council agreed Tuesday to allow the airport to apply for the…
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Colorado Springs job market will slip in early ’16, group predicts
The Colorado Springs area job market is expected to weaken during the first quarter, compared with a year earlier, according to a quarterly survey by staffing giant ManpowerGroup. The percentage of area employers planning to hire in the January-to-March quarter exceeds those planning cuts by 11 percentage points with 18 percent expecting to add staff…