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Woodland Park cashing in on USDA loans

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While many homebuyers in Colorado aren’t aware that they might be eligible for a little-known federal loan from the U.S. Department of Agriculture, Woodland Park has quietly become a major beneficiary of the program. Continue Reading Woodland Park cashing in on USDA loans

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After four years, the 4th Judicial District is re-examining the case for a commercial docket. After a four-year experiment, many think it’s time to judge the success of the Fourth Judicial District’s commercial docket. The only program of its kind in the nation, it has been praised for its expeditious nature and fair-minded approach. But some legal… Continue Reading Re-examining the case for a commercial docket

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Altia’s display-screen vision realized

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Michael Juran and his three business partners had this crazy idea that display technology was about to explode into the market. They left their jobs at Hewlett-Packard and started their own company, Altia Inc. to develop technology that would help humans interact with computers. They felt the world was on the verge of a touch… Continue Reading Altia’s display-screen vision realized

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The first winners from Fort Carson’s new aviation brigade will be construction companies: The Army plans to spend $224 million on buildings and hangars alone. But for local business, the economic impact will be muted, at least at first. That’s because local companies have a chance to be subcontractors but probably won’t be in the… Continue Reading Brigade’s impact will take time to develop

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We recently met a business owner who was telling us about her company. After about 10 minutes she left and, by the blank look on both of our faces, it was clear that we had no idea what her business did. Worse yet, neither did she. We would like to say this only happens occasionally… Continue Reading A business strategy has to be crystal clear to work

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Recycler can prosper better as nonprofit

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At the end of 18 months in business, Blue Star Recyclers has reached a crossroads. The Colorado Springs company was founded to recycle electronics waste: old computers, keyboards, printers and televisions. But each month it has come up about $9,000 short in covering expenses. Investors Tony and Mary Fagnant, owners of Qualtek Manufacturing, have covered… Continue Reading Recycler can prosper better as nonprofit

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With the commercial real estate market depressed and lending standards tight, few commercial developers qualify for loans these days. Competition between banks is fiercer than ever. It might come as a surprise, then, that two competing local banks, 5 Star Bank and Central Bank and Trust, are collaborating to finance a $3 million redevelopment project.… Continue Reading Competing banks find common ground at Ivywild

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Why would a credit union executive from Colorado Springs willingly spend two nights at Denver International Airport? The answer: Just in case military dependents arriving from Japan needed financial assistance. And it’s all part of the job. As vice president of corporate communications for Security Service Federal Credit Union, which is Fort Carson’s only on-post… Continue Reading Security Service on hand for tsunami evacuees

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Kathryn Young, Colorado Springs’ longtime city clerk, is weathering an unusually contentious campaign season. The Business Journal asked for her thoughts. How long have you been city clerk? How has the job changed since you’ve been there? I was appointed city clerk in May 1994. The duties of the job have remained consistent. The city… Continue Reading City clerk dealing with voters’ changing expectations

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New bill complicates Memorial’s future

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A last-minute bill introduced last week in the General Assembly adds a new wrinkle to the debate about the future of Memorial Health System. Senate Bill 202, introduced by Sen. Bill Cadman and co-sponsored by Rep. Bob Gardner, had to get special approval to be introduced. If passed, it stands to change the way hospitals… Continue Reading New bill complicates Memorial’s future

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