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Small and mid-sized businesses in Colorado are fueling the state’s export industry. The Colorado Office of Economic Development reports that 3,837 state companies exported during 2005. Of those, 3,374, or 88 percent, were small and mid-sized enterprises with fewer than 500 employees. They generated close to one-quarter of Colorado’s total annual exports of merchandise according… Continue Reading Exports sustain small, mid-size Colorado companies

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The Wits End Comedy Club is planned to open in the in the space formerly occupied by the longtime west side gay nightclub, Hide N’ Seek, at 508 W. Colorado Ave. Kevin Murphy of Murphy Constructors, which recently completed a $450,000 upgrade to the building, said plans for a new kitchen for the comedy club… Continue Reading Comedy club to fill former Hide N’ Seek space

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Nearly two months after opening its first Colorado Springs location, the Denver-based Spicy Pickle sandwich restaurant chain has opened a second Springs store – and there are apparently more on the way. The first store opened Sept. 4 at 1466 W. Garden of the Gods Road. The second location opened last week in Briargate at… Continue Reading Colorado Springs on Spicy Pickle expansion fast track

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SBA extends award nominations deadline

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The Small Business Administration has extended the deadline to submit Small Business of the Year award nominations. Nominations will be accepted until Dec. 14. There are 10 award categories, including the Small Business Person of the Year Award. To receive a nomination package, e-mail christopher.chavez at sba dot gov or call 303-844-0501. The Colorado Small… Continue Reading SBA extends award nominations deadline

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Young professionals in Colorado Springs don’t have a very bright outlook about the future of their careers here. Results from a joint survey [800Kb pdf] between The Colorado Springs Economic Development Corp. and the Colorado Springs Young Professionals show young up-and-comers believe there’s a lack of professional career opportunities in Colorado Springs. Even though 58… Continue Reading Young professionals all dressed up with no where to go

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Take a Turkey to Work day this Friday

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Take a Turkey to Work day on Nov. 16 is part of Care and Share Food Bank’s campaign to collect enough food to feed 6,000 families this Thanksgiving. Turkeys “brought to work” can be dropped off between 6 a.m. and 6 p.m. at three Wal-Mart locations, the 8th Street store at 707 South 8th St.,… Continue Reading Take a Turkey to Work day this Friday

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Growth outlook bleak for manufacturers

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Manufacturing growth plans during the next 12 to 24 months Plan to expand business: 25% Yes 75% No Of those planning expansion: 21% Expand at current locations 20% Enhance customer service 18% Add new products 18% Add locations 11% Provide more services 8% Other 4% Acquisitions Small manufacturing companies don’t seem to be very optimistic… Continue Reading Growth outlook bleak for manufacturers

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The free downtown shuttle service could come to an end early next year. The city’s public transportation arm, Mountain Metropolitan Transit, had planned to pay for the shuttle’s operation cost starting in 2008, but proposed 2008 public transportation cuts to cover a $1.3 million budget shortfall include eliminating the shuttle service. Proponents of the free… Continue Reading Downtown shuttle service on the chopping block

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Small business continued to create Colorado’s new jobs during 2004. The updated Colorado Small Business Profile, released today by the Office of Advocacy of the U.S. Small Business Administration, shows that small businesses added 25,400 net new jobs during the latest year studied. “Small businesses are Colorado’s job-creating dynamo,” said Dr. Chad Moutray, chief economist… Continue Reading Colorado small businesses create 25,400 jobs in 2004

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SBA hands out $20.6B in 110,000 loans this year

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Already this year, the U.S. Small Business Administration has broken loan records, increasing total loan-dollar volume and lending more than 5.5 percent in underserved areas. The SBA approved 110,275 loans worth more than $20.6 billion under its two primary loan programs during the 12 months ending on Sept. 30, compared with 107,233 loans worth $20.25… Continue Reading SBA hands out $20.6B in 110,000 loans this year

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