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COLORADO SPRINGS ~ Colorado Springs, CO - In a joint announcement today, Governor Jared Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) revealed that Desert Harvest, a leading provider of women's health products and supplements, has chosen Colorado Springs as the location for its expansion.
Governor Polis expressed his excitement about the company's decision, stating that "our state is the best place to live, work and do business." He also added that Desert Harvest's move to Colorado Springs is expected to create 15 new jobs with competitive salaries.
Desert Harvest, which is currently based in Maine, specializes in producing and selling high-quality, all-natural supplements and skincare products. The company's owner and CEO, Heather Florio, is originally from Colorado Springs.
Florio shared her enthusiasm for returning to her hometown while growing her business. She also emphasized her commitment to supporting under-served communities through research, education, and product development.
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The expansion is expected to bring 15 net new jobs with an average annual wage of $68,505. These positions will include executive and administrative roles, marketing positions, as well as production and shipping managers.
Eve Lieberman, Executive Director of OEDIT, highlighted Colorado's strong support for women-led startups and women-owned companies in the field of women's health. She stated that "we're pleased to welcome Desert Harvest to this growing and important ecosystem."
The Colorado Economic Development Commission has approved up to $74,628 in a performance-based Job Growth Incentive Tax Credit for Desert Harvest over an eight-year period. These incentives are contingent upon the company meeting net new job creation and salary requirements.
Tim Vanderhoof, Vice President of Economic Development at the Colorado Springs Chamber and EDC expressed his confidence in the local economy's ability to support growing businesses. He stated that "Desert Harvest's decision to expand in Colorado Springs highlights the strength of our local economy and our region's ability to support growing businesses."
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The Colorado Springs City Council has also approved performance-based incentives for Desert Harvest in the form of a sales and use tax rebate on eligible purchases. The estimated amount of city incentives is $11,500 over a four-year period, subject to the company meeting minimum investment and new job creation requirements.
In addition to these incentives, Desert Harvest was also offered the Rapid Response Program and talent and workforce development support by the city's Economic Development Department.
Colorado Springs Mayor Yemi Mobolade expressed his excitement about welcoming Desert Harvest to its new home in Downtown Colorado Springs. He praised the company's efforts in enhancing people's quality of life and creating 15 new full-time jobs. He also mentioned that 28 new businesses have opened in the Downtown corridor in 2024.
Desert Harvest considered Portland, Maine as another potential location for expansion before ultimately choosing Colorado Springs.
The Colorado Office of Economic Development and International Trade (OEDIT) works towards empowering all individuals to thrive in Colorado's economy. Through funding, financial programs, training, consulting, and informational resources across industries and regions, OEDIT promotes economic growth and long-term job creation. Their goal is to make Colorado accessible to everyone while preserving its unique qualities that make it a great place to live, work, start a business, raise a family, visit, and retire.
Governor Polis expressed his excitement about the company's decision, stating that "our state is the best place to live, work and do business." He also added that Desert Harvest's move to Colorado Springs is expected to create 15 new jobs with competitive salaries.
Desert Harvest, which is currently based in Maine, specializes in producing and selling high-quality, all-natural supplements and skincare products. The company's owner and CEO, Heather Florio, is originally from Colorado Springs.
Florio shared her enthusiasm for returning to her hometown while growing her business. She also emphasized her commitment to supporting under-served communities through research, education, and product development.
More on Colorado Desk
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The expansion is expected to bring 15 net new jobs with an average annual wage of $68,505. These positions will include executive and administrative roles, marketing positions, as well as production and shipping managers.
Eve Lieberman, Executive Director of OEDIT, highlighted Colorado's strong support for women-led startups and women-owned companies in the field of women's health. She stated that "we're pleased to welcome Desert Harvest to this growing and important ecosystem."
The Colorado Economic Development Commission has approved up to $74,628 in a performance-based Job Growth Incentive Tax Credit for Desert Harvest over an eight-year period. These incentives are contingent upon the company meeting net new job creation and salary requirements.
Tim Vanderhoof, Vice President of Economic Development at the Colorado Springs Chamber and EDC expressed his confidence in the local economy's ability to support growing businesses. He stated that "Desert Harvest's decision to expand in Colorado Springs highlights the strength of our local economy and our region's ability to support growing businesses."
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The Colorado Springs City Council has also approved performance-based incentives for Desert Harvest in the form of a sales and use tax rebate on eligible purchases. The estimated amount of city incentives is $11,500 over a four-year period, subject to the company meeting minimum investment and new job creation requirements.
In addition to these incentives, Desert Harvest was also offered the Rapid Response Program and talent and workforce development support by the city's Economic Development Department.
Colorado Springs Mayor Yemi Mobolade expressed his excitement about welcoming Desert Harvest to its new home in Downtown Colorado Springs. He praised the company's efforts in enhancing people's quality of life and creating 15 new full-time jobs. He also mentioned that 28 new businesses have opened in the Downtown corridor in 2024.
Desert Harvest considered Portland, Maine as another potential location for expansion before ultimately choosing Colorado Springs.
The Colorado Office of Economic Development and International Trade (OEDIT) works towards empowering all individuals to thrive in Colorado's economy. Through funding, financial programs, training, consulting, and informational resources across industries and regions, OEDIT promotes economic growth and long-term job creation. Their goal is to make Colorado accessible to everyone while preserving its unique qualities that make it a great place to live, work, start a business, raise a family, visit, and retire.
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