Colorado Office of Economic Development and International Trade

Emerging Industries

The Colorado Office of Economic Development and International Trade works with Colorado businesses, trade associations, universities, and others to encourage the growth and development of emerging technology companies in Colorado. 

Colorado is a leading high-tech state.  When assessing Colorado's position as a high-tech hub, the summary of economic impacts of high-tech reported in Cyberstates 2006 tells a compelling story:

  • Colorado ranks #1 in the country for concentration of high-tech workers, with 89 of every 1,000 private sector workers classified as high-tech.
  • 159,800 high-tech workers (12th in the nation).
  • Milken Institute's State Technology & Science Index ranked Colorado 3rd among all states in technology and science assets.
  • High-tech payroll of $12.2 billion in 2004(11th in the nation).
  • More than 10,300 high-tech establishments (11th nationwide).
  • High-tech exports represent 55% of Colorado total exports (4th nationwide).

According to the Milken Institute, Colorado is best in the nation for human capital in science and technology.  Colorado ranks 2nd in the nation for technology concentration, 3rd in research and development inputs, 4th in risk capital, and 5th in existing science and technology workforce.

Colorado is leading the way in important emerging technologies that will revolutionize our world in coming decades.  Three emerging industries that are making a particular impact in Colorado are bioscience, nanotechnology and photonics.