Colorado Development fund to benefit rural counties

Colorado’s Office of Economic Development and International Trade and the Colorado Venture Capital Authority will allocate $9 million, and perhaps as much as $3 million more, to a rural economic development investment fund.   The agencies created the new fund to benefit innovation in rural areas that might not have access to other funding sources. Industries that could benefit include value-added agriculture, advanced manufacturing,  health and wellness, tourism and outdoor recreation, energy and natural resources, clean tech, technology and information.