Author: Wayne Heilman Special to the Gazette
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Venture capital funding bypasses Colorado Springs in 2020
Venture capital funding bypassed Colorado Springs in 2020, even as such financing hit a 20-year high in Colorado and a record nationwide, according to a report. The dearth of money for local startups last year was the first time such companies failed to land venture capital funding since 2007, according to the MoneyTree Report from…
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Colorado Springs cost of living ties record
Rising apartment rents played a major role in pushing the cost of living in Colorado Springs to tie a 23-year-old record when compared with the national average, according to a new report. The local cost of living was 104% of the national average in the fourth quarter, up from 103.6% in the third quarter and…
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Loss of U.S. Space Command a ‘missed opportunity’ for Colorado Springs; what next?
John Suthers has plenty of economic development wins as mayor — a massive Amazon distribution center and Southwest Airlines expanding to Colorado Springs to name two — but he called the loss of the U.S. Space Command to Huntsville, Ala., his biggest setback. “We haven’t had a whole lot of economic development bad news, but…
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Big addition to former Mr. Bigg’s venue as Colorado Springs defense contractor plans major growth
Few if any structures have had as varied uses as one on Mark Dabling Boulevard on the north side of Colorado Springs, which has been a missile component manufacturing plant, a source of family fun, a church and more. Now the building is returning to its manufacturing roots; Colorado Springs-based Jaxon Engineering & Maintenance, which…
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Colorado Springs center’s free class offers route to cybersecurity job
The National Cybersecurity Center will begin a free, four-month virtual class Tuesday that puts adult students on a path to well-paying jobs in the cybersecurity industry. The center’s fundamentals of IT (information technology) class is designed for students to earn an initial certification and up to two others that would qualify them for an entry-level…
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U.S. Space Command decision: State, local officials react in Colorado
President Donald Trump on Wednesday awarded U.S. Space Command to Huntsville, Ala., in a move that several Pentagon insiders and lawmakers say bypassed the military’s top pick of Colorado Springs, the unit’s current home, because of political considerations. – U.S. Sen. Michael Bennet, D-Colorado, and newly-elected Colorado Democratic U.S. Sen. John Hickenlooper issued a joint…
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Private equity group makes investment in Colorado Springs dental chain
A fast-growing, Colorado Springs-based dental practice group expects that growth to accelerate even more thanks to a major investment by a Los Angeles-based private equity investment firm. Varsity Healthcare Partners declined to say how much it invested in Peak Dental Services, but Varsity says on its website that it makes investments of $10 million to…
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Cripple Creek approves additional games, unlimited bets for casinos
Cripple Creek casinos are preparing to offer new games and higher limits after council members in the Teller County city on Wednesday took the next step that will allow both to start on May 1. The resolution is a step Black Hawk and Central City took in December after Colorado voters on Nov. 4 approved…
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Cripple Creek approves additional games, unlimited bets for casinos
Cripple Creek casinos are preparing to offer new games and higher limits after council members in the Teller County city on Wednesday took the next step that will allow both to start on May 1. The resolution is a step Black Hawk and Central City took in December after Colorado voters on Nov. 4 approved…
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Waste Connections acquires major Colorado Springs trash company
Toronto-based trash giant Waste Connections has acquired Springs Waste Systems, the last remaining locally owned company among the four largest trash haulers in the Colorado Springs area. Waste Connections bought Springs Waste Systems and trash companies in Bailey, southwest of Denver, and in Omaha, Neb., last month from the Shrader family. Terms of the transaction…