Invest

Investment Opportunities

Longmont Economic Development Partnership’s mission is to lead a comprehensive, collaborative economic development strategy to promote and strengthen our community’s economic health.

A 501c(6) non-profit organization, Longmont EDP exists to help build and maintain a vibrant economy, and to help Longmont achieve its full potential for growth, prosperity, and inclusion.

Longmont EDP is a true public/private partnership, a networked organization bringing the resources of the public and private sectors to bear to create a collective impact on our shared economic future. Through this model, we are free to use creative approaches to economic development leveraging the time, talent, and treasure of both the public and private sectors to make sure Longmont becomes the best version of itself.

Longmont EDP is working alongside both our public and private sector investors in unprecedented ways to ensure Longmont’s continued success, making Longmont the most desirable location for businesses, entrepreneurs, and talent in the region and beyond.

Why Invest?

We seek to engage partners that share our passion for Longmont’s long-term economic vitality. Your investment in Longmont EDP will support:

  • Strengthening Longmont’s competitive position
  • Marketing Longmont as the ideal location for new, quality job creation and business investment
  • Supporting the creation and retention of quality jobs
  • Advancing opportunities for entrepreneurship and innovation
  • Advocating on behalf of all Longmont business

Longmont EDP is an Enterprise Zone (EZ) Contribution Project. EZ Contribution Projects encourage community participation and public-private partnerships to help revitalize economically distressed areas. EZ Contribution Projects help implement the economic development plan of a specific area, resulting in business creation, attraction, retention, and expansion. Longmont EDP investors and sponsors earn a Colorado income tax credit equal to 25% of your total contribution (e.g. $10,000 contribution = $2,500 tax credit).

Explore Investment Opportunities

All Longmont EDP investors enjoy free access to business support
resources for their organization and their clients. Resources include business relocation & expansion services, custom data & demographics reports and insights, discounted rates for all Longmont EDP events and Commercial Brokers of Longmont membership, discounted rates for One/West co-working space, opportunities to engage through Advance Longmont 2.0 and Innovate Longmont, inclusion on direct referral lists, and more!

Reach for the Peaks is a strategic funding campaign designed to deliver an expanded, highly professional and proactive, nationally competitive economic development program for Longmont. This program will enable Longmont EDP to identify strategic economic development initiatives and pursue them to reach for the peaks of Longmont’s economic potential.

Events

Longmont EDP hosts mission-driven events throughout the year, providing informational, action-oriented opportunities for engagement, exposure, and networking. Annual event sponsorship opportunities include:

Longmont EDP offers sponsorship opportunities for individual events or we can work with you to build an investment and sponsorship package customized to your organization.
Chart showing NextLight having the fastest ISPs in the United States in 2018
Map of the United States showing corporate income tax percentages in each state
Chart showing average electric rate in Longmont lower than Colorado overall and neighboring utilities
Price to income ratio chart showing Longmont's income ratio starting below 3 and rising to almost 5 between 2012 and 2018

Rigid Bits

“Longmont has been my home off and on since I moved to Colorado more than 12 years ago. I fell in love with the community and in 2015 decided to make it my permanent home. Because of the strong ties with the community, there was no question when I founded Rigid Bits in 2017 that it is where we would set our roots down. As an added bonus, NextLight is the fastest internet service provider in the country, which is a great fit for us.

Rigid Bits provides cybersecurity services to businesses nationwide, providing valuable insight to prevent attacks and respond immediately to cybersecurity events. Since 2017, we have supported 70 businesses across 17 states and a variety of industries. We have experienced 300% year-over-year growth with no signs of slowing down. Our plans are to continue to expand Rigid Bits’ services to support businesses in all industries with their cybersecurity needs, changing the way we work as the industry and threats change. As our growth continues, we will bring on new employees and just last month moved into larger office space in Longmont in preparation for our future”.

– Jeff Oden, Founder