Categories
Press Release

LONGMONT ECONOMIC DEVELOPMENT PARTNERSHIP AWARDED ECONOMIC DEVELOPMENT ORGANIZATION RECOVERY GRANT

$40,000 Grant Provided by the Colorado Office of Economic Development & International Trade & Economic Development Council of Colorado

LONGMONT, CO (November 11, 2021) – Longmont Economic Development Partnership (Longmont EDP) announced that it has been awarded an Economic Development Organization (EDO) recovery grant from the Colorado Office of Economic Development & International Trade in the amount of $40,000.

The grant award will be used to:

  • Launch the Longmont Entrepreneurial Hub, an Advance Longmont 2.0 strategic initiative to construct a powerful “no wrong door” ecosystem for Longmont’s entrepreneurs;
  • Support Longmont EDP’s national marketing efforts to attract talent and business investment to Longmont; and
  • Develop and deploy the Longmont Career Pathways platform, in partnership with local startup lndigo, to connect local job seekers to local education and professional development opportunities to set them on a pathway to pursue local employment opportunities that best fit their natural strengths and provide a higher standard of living.

“We are thrilled to be awarded this grant and its potential for impact in our community,” said Jessica Erickson, President and CEO of Longmont EDP. “We are most proud of the fact that instead of each of the organizations in Longmont that were eligible for this grant submitting an application, we came together and took a collective impact approach to pursuing this funding for Longmont.”

“Our shared goal is always to support as much opportunity as possible, to help as many people and businesses as possible, and to have the greatest impact on our community as a whole,” she said. “While Longmont EDP was the applicant for the grant, the Longmont Chamber, LDDA, and Innovate Longmont, collectively agreed to support the Longmont EDP application rather than pursuing funding individually. This ensured that we would not be competing against one another for funding. We went into the process knowing that this approach would ultimately benefit more people, more entrepreneurs, and more businesses than if we had each pursued the grant individually.”

###

ABOUT Longmont EDP: A 501(c)6 non-profit organization founded in 1981, Longmont EDP is funded with both public and private dollars. More than 120 private sector businesses join the City of Longmont, Boulder County, and Platte River Power Authority as our economic partners. Longmont Economic Development Partnership leads a comprehensive approach to building an economic ecosystem that not only supports but champions businesses and their owners. From world-famous brewers to smart manufacturing plants, specialized business catalysts to world-class research facilities, our businesses in Longmont build an economy that champions growth, prosperity, and inclusion. Longmont’s newly launched economic development strategy, Advance Longmont 2.0, focuses on quality job creation and business investment. We activate a powerful civic infrastructure that identifies problems, creates innovative solutions, and implements these programs across partner organizations. For us, Advance Longmont means doing it together.