News

Press Release

2020 Economic Development Impact Awards Presented at Economic Summit

Longmont, CO: At their Advance Longmont Economic Summit, Longmont EconomicDevelopment Partnership awarded four Economic Development Impact Awards toLongmont businesses and individuals in recognition of their contributions to theeconomic health of the community over the past year. This year’s awards recognizedthe individuals and organizations doing important economic development work inthe community, serving as catalysts for a thriving local economy through job creationand capital investment. The 2020 Economic Development Impact Award Winners are: • Community Collaboration Award: 2019 Longmont Startup Week Core TeamThe

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Press Release

Longmont EDP Spins Out Innovate Longmont Startup Platform

Longmont, Colo.: Innovate Longmont, a Longmont-based startup platform, was originally established by the Longmont Community Foundation and a group of community-minded individuals who believed that investing in local entrepreneurs adds to the economic vitality of Longmont. Supported since 2018 as a program of Longmont Economic Development Partnership (EDP), Innovate Longmont has grown to the point where it has now spun out of Longmont EDP as its own entrepreneurial development organization. Innovate Longmont is structured as a 501(c)(3) nonprofit corporation in Colorado. Sergio

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Press Release

Longmont EDP and Rockies Venture Club Announce Partnership to Launch St. Vrain Angel Forum

Longmont, Colo.: Rockies Venture Club, the longest-running and largest angel investing group in Colorado, and Longmont Economic Development Partnership (EDP) announced a new partnership to open up a chapter of the statewide angel network for the St. Vrain region. Under the agreement, Longmont EDP will work in close partnership with Rockies Venture Club to support a pipeline of entrepreneurs for investment opportunities, and serve as the host of St. Vrain forum meetings at the newly opened Advance Longmont Center. In addition, Rockies Venture

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Press Release

Longmont EDP Announces New 2020 Directors, Executive Leadership

FOR IMMEDIATE RELEASE: Nov. 22, 2019 Longmont, CO:  Longmont Economic Development Partnership (EDP) has elected two new and three incumbent directors to two-year terms that will begin January 1, 2020. The new Longmont EDP Directors are: Lonnie Cramer, President, Longs Peak HospitalCameron Grant, Managing Shareholder, Lyons Gaddis Law Firm Incumbent Directors re-elected to serve another two years on the Longmont EDP Board of Directors are: Dan Gust, Gust Family Enterprises/Ace HardwareJoe Troutman, Sr. Manager Business Development – Space and Medical, Enersys/ABSL Space

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Organization

Public Release of Advance Longmont 2.0

At Longmont Economic Development Partnership, we lead a comprehensive and collaborative approach to building an economic ecosystem.  Advance Longmont 2.0 is the city’s new economic development strategy. It champions a vision of growth, prosperity, and inclusion as the pillars of a successful, vibrant, and resilient local economy. Advance Longmont 2.0 proposes a structure of collective impact: a community-wide collaboration to address our shared economic challenges and accelerate our shared opportunities. By focusing on Talent, Place, Industry, Connectivity, and Impact, we

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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