Colorado Springs has become a vibrant hub for entrepreneurs, thanks to a collaborative community and a range of supportive initiatives. Organizations like the El Pomar Institute for Innovation and Commercialization (EPIIC) and The Thrive Network play pivotal roles in nurturing local businesses.
El Pomar Institute for Innovation and Commercialization (EPIIC)
Based at the University of Colorado Colorado Springs, EPIIC focuses on economic development by providing technology-centered enterprises with access to capital and business information. Their mission includes fostering collaboration between the university and the high-tech community, aiming to establish Colorado Springs as a center for entrepreneurial high-tech companies.
The Thrive Network
The Thrive Network is dedicated to unlocking potential and building resilient businesses. They offer culturally responsive personal development and entrepreneurship programs, equipping individuals with the skills and support needed to succeed. Their initiatives are designed to remove barriers and expand opportunities for those historically excluded from traditional economic development.
Survive and Thrive: Accelerate COS
In partnership with the City of Colorado Springs, Exponential Impact launched the ‘Survive and Thrive: Accelerate COS’ program. This initiative provides low-interest, non-collateralized loans up to $50,000, combined with an eight-week entrepreneurial development program. It’s tailored for small businesses in El Paso County, aiming to help them scale and succeed.
Venture Attractor
The Venture Attractor focuses on driving economic development by supporting early-stage startups in sectors like sports and outdoors, health innovation, and human performance. Their mission is to attract innovators to Colorado Springs and embed entrepreneurs into the community through mentorship, resources, and networking opportunities.
These organizations, among others, contribute significantly to the entrepreneurial ecosystem in Colorado Springs, fostering a supportive environment where local businesses can thrive and contribute to the region’s economic vitality.