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    1. Tax credits approved to lure IT firm that would hire 180 in Colorado Springs

      Tax credits approved to lure IT firm that would hire 180 in Colorado Springs
      By Wayne Heilman wayneh@gazette.com -

      The Colorado Economic Development Commission has approved $2.74 million in state income tax credits over three years to attract an information technology platform company to Colorado Springs. The company would hire 180 employees earning an average annual salary of $54,000.

      The commission didn't name the company, and approved the incentive Thursday under the name "Project Belt."

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    2. Technology vet takes on key role at Colorado Springs computer storage business

      Technology vet takes on key role at Colorado Springs computer storage business

      By Wayne Heilman wayneh@gazette.com -

      Just four months after joining the board of X-IO Technologies, Bill Miller has become executive chairman of Colorado Springs-based computer storage manufacturer.

      The technology industry veteran took over the post last month from John Beletic, who remains on X-IO's board and is now vice chairman. Miller took over management at the company's headquarters so CEO Brian Owen can focus on customers and partners.

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    3. IBM outlines plan to revamp business for investors

      IBM outlines plan to revamp business for investors

      NEW YORK (AP) — IBM's CEO says the company's plan to revamp its business to shift away from hardware and focus on business analytics, cloud computing, mobile services and security is on track.

      In a media briefing ahead of an investor conference in New York on Thursday, Virginia Rometty said the company plans that the new tech markets should make up 40 percent of IBM's business, or $40 billion, in the next 4 years. That's up from 13 percent five years ago and 27 percent by the end of this year.

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    4. Is your doctor's office the most dangerous place for data?

      Is your doctor's office the most dangerous place for data?

      Everyone worries about stolen credit cards or hacked bank accounts, but just visiting the doctor may put you at greater risk for identity fraud.

      Those medical forms you give the receptionist and send to your health insurer provide fertile ground for criminals looking to steal your identity, since health care businesses can lag far behind banks and credit card companies in protecting sensitive information.

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    5. Colorado Springs company cuts product line once touted as its 'future'

      Colorado Springs company cuts product line once touted as its 'future'

      Atmel Corp. said Wednesday it will sell or shut down its XSense product line in Colorado Springs, just 15 months after introducing it with great fanfare at its local manufacturing plant.

      XSense, which was designed to be used in smartphones, tablets and other touchscreen devices, was the first product made at the local plant besides semiconductors in the 25 years the California-based company has owned the facility.

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    6. Colorado Springs drone startup gets state's 'stamp of approval': a $50k grant

      Colorado Springs drone startup gets state's 'stamp of approval': a $50k grant

      It may be just a one-person operation still in the fledgling stage, but a Colorado Springs startup got a big push from the state last week when it became the first enterprise from the Pikes Peak region to win an advanced-industries grant under a 2-year-old economic development program.

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    7. Jobless-rate moves in 2014: Colorado best, Louisiana worst

      Jobless-rate moves in 2014: Colorado best, Louisiana worst

      WASHINGTON (AP) — Colorado's unemployment rate fell by a third. Louisiana's jumped nearly a quarter.

      Across the country, changes in unemployment rates varied from state to state in 2014, but collectively the numbers pointed to a year of substantial improvement: Jobless rates fell in 46 states, and every one except Mississippi added jobs.

      Even Louisiana's gain masked some good news: The state added a healthy number of jobs — just not enough to keep up with population growth.

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    8. Colorado Springs faces tough question: Where have all the workers gone?

      Colorado Springs faces tough question: Where have all the workers gone?

      On the surface, the numbers are encouraging: The Colorado Springs area's unemployment rate declined by nearly a third, from 7.8 percent in October 2013 to 5.4 percent in October of this year.

      But dig a little deeper, and a bleaker picture emerges. Nearly half of the drop in the jobless rate resulted from more than 3,500 area residents leaving the local labor force. The cause is unclear, since there's no up-to-the-minute Census data that might help explain it.

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    9. Increased drone use creates a buzz at Castle Rock shop

      Increased drone use creates a buzz at Castle Rock shop

      By DEBBIE KELLEY debbie.kelley@gazette.com -

      Castle Rock - The buzzing noise coming from Santa's sleigh as it flies over Colorado this week won't be the reindeer kicking into high gear. It will be from drones that Santa will deliver to good children and adults this year.

      Since the state's first store specializing in hobbyist and commercial drone technology opened Nov. 1 in Castle Rock, the gadgets have been flying out the door at a steady clip. Many will land under the tree.

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    10. 14 cities get Bloomberg 'innovation team' grants

      14 cities get Bloomberg 'innovation team' grants

      NEW YORK (AP) — Fourteen cities ranging from Long Beach, California, to Jerusalem are getting money from former New York Mayor Michael Bloomberg's foundation to create "innovation teams" to jump-start new approaches to poverty, public safety, job growth and other issues.

      New York-based Bloomberg Philanthropies announced the winners Monday. They'll receive from $400,000 to $1 million annually for three years.

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    11. Colorado Springs area business events starting Dec. 7, 2014

      Colorado Springs area business events starting Dec. 7, 2014

      PBX (Premier Business Exchange) - 8-9:30 a.m., LegalShield Success Center, 1120 N. Circle Drive, Suite 10; 243-3174, mbrshow.com/pbx.htm.

      CC&V Coffee Club - 10 a.m., CC&V Visitor Center, 371 E. Bennett Ave., Cripple Creek, free; 689-2341, 689-4052.

      Pikes Peak Workforce Center - Social Media - Expanding Your Connections, 10 a.m.-noon, Citizens Service Center, 1675 Garden of the Gods Road, free. Registration required: ppwfc.org.

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      Mentions: Community Events
    12. Jobs may come to Colorado Springs from joint venture

      Jobs may come to Colorado Springs from joint venture

      A joint venture based in Colorado Springs has been selected to participate in a five-year federal contract that could lead to more jobs locally - or not.

      The venture, Joint Strategic Solutions, was formed by Colorado Springs-based defense contractors Delta Solutions & Strategies LLC and Apogee Engineering LLC.

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    13. Colorado Springs company writes its future with new ink pellets

      Colorado Springs company writes its future with new ink pellets

      "I just want to say one word to you. Just one word. .... Plastics."

      Mr. McGuire to Benjamin Braddock in "The Graduate"

      There's a great future in plastics.

      At least, Chromatic Technologies Inc. believes there is, much like family friend Mr. McGuire conveyed to Benjamin Braddock in the 1967 movie "The Graduate."

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    14. The top 20 US cities for tech startup funding

      The top 20 US cities for tech startup funding

      When you think of tech startups, you probably think Northern California. Companies there receive the largest share of funding from venture capitalists, but there are several other notable pockets around the country.

      In the first nine months of the year, venture capitalists poured $24 billion into tech startups around the country. About half of that funding went to San Francisco and Silicon Valley, according to the National Venture Capital Association.

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