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Nonprofits build local influence

Compassion International helps feed kids around the globe; the U.S. Olympic Committee oversees the nation’s Olympic and Paralympic movement; and Penrose-St. Francis Health Services provides health care and hospitalization to people around the state. And all three are part of something bigger — a group of about 2,000 local nonprofits (including about 800 churches) that… Continue Reading Nonprofits build local influence

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Roalstad embraces age-related issues

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Roalstad embraces age-related issues

Beth Roalstad knows the area faces big challenges as the number of senior citizens rapidly grows. As executive director for the Innovations in Aging Collaborative, she is tasked with educating the community, including local governments, on how the aging population can strain the local economy if policies are not changed. Roalstad has advocated passionately for… Continue Reading Roalstad embraces age-related issues

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Eight local businesses have teamed with the Colorado Springs Regional Business Alliance to offer discounts on Fridays through the end of the fiscal year to the federal civilian employees who are currently being furloughed. The furloughs were part of the Budget Control Act, which requires nearly every federal worker to take 11 days of unpaid… Continue Reading Local businesses ease furlough’s financial pinch

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Fort Carson will lose a total of 750 soldiers under an Army restructuring process that was announced today. The 3rd Brigade Combat Team will be deactivated under the plan, which includes 3,750 soldiers. But 3,000 of those soldiers will be absorbed into the remaining brigades, says Andy Merritt, chief defense industry officer at the Colorado… Continue Reading Fort Carson to lose total of 750 soldiers under restructuring plan

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Future is now: Springs bioscience sector growing stronger

For the Colorado Springs Regional Business Alliance, the 41 companies in the city’s bioscience sector represent both an economic boon and the chance to create a larger industry cluster that will bring high-paying jobs and high-tech expertise to the region. From companies that develop stem-cell assays for research laboratories to those that manufacture tiny devices… Continue Reading Future is now: Springs bioscience sector growing stronger

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Neumann Systems Group is attempting to bounce back from a year of bad publicity and political wrangling about the company’s contract with Colorado Springs Utilities. The Springs company has submitted a proposal for an $18.75 million grant to the Department of Energy and the National Energy Technology Laboratory for a carbon capture technology that will… Continue Reading Neumann has new proposal for carbon capture

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Colorado Springs’ biggest economic drivers come with a serious problem: None of the city’s top three industries actually must be here to be successful. The military, tourism and higher education bring in the most money to the Springs, with the military providing one-third of the city’s $27 billion gross domestic product. “That money all is… Continue Reading Alliance: Springs must diversify economy

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Within the military-style organizational chart that describes the new Colorado Springs Regional Business Alliance, a group of volunteer foot-soldiers is deploying to small businesses. They are conducting interviews, hosting educational forums and networking. They were known as ambassadors in the old Chamber of Commerce model. They had launched Chamber University and Chamber Connect and hosted… Continue Reading Biz Alliance deploys new team to help local business

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Fund offers loans to Waldo fire businesses

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Fund offers loans to Waldo fire businesses

Local banks have teamed with the Colorado Springs Regional Business Alliance and other community partners to offer $10,000 loans to small businesses that were affected by last summer’s Waldo Canyon fire. The loan amount is up to $10,000 at zero interest for 12 months and then 12 percent thereafter. There is no loan fee and… Continue Reading Fund offers loans to Waldo fire businesses

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Mike Jorgensen is everywhere these days — playing jazz guitar at the Colorado Springs Conservatory, serving on the boards of three nonprofit groups, and heading up the board for the Pikes Peak or Bust Rodeo. He’s about to get even busier — Jorgensen’s just been named chairman of the board for the Colorado Springs Regional… Continue Reading Jorgensen leads Alliance in pursuing revised mission

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