DENVER, CO — Three companies announced expansions in Denver’s metro area over the past couple of months, and they are set to hire hundreds of new employees, state officials said.
Edge R&D, Elsmere Education and Genapsys are each expanding their operations in metro Denver.
The business intelligence, data management and technology solutions company is planning to set up a new location in Douglas County, state officials said. Edge R&D plans to create an additional 69 jobs over the next eight years.
“Edge R&D is excited about the opportunity to grow in the Colorado market,” said CEO Ryan Williams.
“We are looking forward to becoming part of Colorado’s technology community and hope to bring positive growth to its economy.”
Colorado competed with Arizona and Washington for the newest Edge R&D location.
The company is looking at opening its new office in Castle Rock, Castle Pines or Lone Tree, but a location has not yet been announced.
Founded in Colorado, the educational technology company plans to add 138 new jobs in Denver, state officials said.
Justin McMorrow founded Elsmere Education in Denver after he grew up in Houston, so Colorado competed with Texas for the expansion.
“While Houston was tempting for personal reasons, we ultimately decided that Colorado offered the best opportunity for growth and access to the talent pool we will need,” McMorrow said.
Elsmere Education partners with colleges and universities to research, develop, launch and market in-demand graduate programs.
The life science company is bringing around 240 new jobs to Westminster, state officials said.
Jason Myers, the company’s CEO, said the Colorado expansion marks an “exciting milestone.”
“The Denver market has emerged as a life sciences and biotech hub, offering an excellent opportunity for B2B collaboration. In addition, the local talent from universities, favorable taxes and incentives will allow us to quickly scale consumable manufacturing and increase our R&D efforts,” Myers said.
Genapsys is focused on unlocking genomic information for academic and clinical research.
Colorado competed with California and Massachusetts for the new location. Genapsys applied for and received a Job Growth Incentive Tax Credit and a LONE Strategic Fund incentive for the creation of the new Colorado jobs, state officials said.
Read More: 3 New Business Expansions In Metro Denver Bring Nearly 500 Jobs