1. Aerospace and Defense Small Business Industry Day Open House
Office of Economic Development and International Trade
Business Development | International Trade | Small Business Resources | Funding & Incentives | Film Television & Media | Creative Industries | Tourism
Aerospace & Defense Industry
Champion
Jay Lindell, August 2, 2017

2. CO & US Population Growth*
*CO Office of State
Planning and Budgeting
June 17

3. CO Economic Activity Index* Planning and Budgeting
*CO Office of State
Planning and Budgeting
June 17

4. CO and US Unemployment* Planning and Budgeting
*CO Office of State
Planning and Budgeting
April 17

5. Planning and Budgeting
CO Annual Job Growth*
*CO Office of State
Planning and Budgeting
April 17

6. Job Creation Rate By Age of Business*
*CO Office of State
Planning and Budgeting
Dec 16

7. Colorado Aerospace Economy
Nearly 500 companies provide space-related products, services
84% small business, 58% fewer than 10 employees
2nd in nation per capita in aerospace employment; 25,550 jobs
2nd in nation in private aerospace employment
188,280 + in adjacent jobs (telecomm, IT)
Anchored in government funded programs, but private space industry is growing
Propels a diverse ecosystem through applied technology
7% nation’s private aerospace workforce is based in CO
“Colorado possesses one of the most diversified, high potential space economies in the nation” Brookings Institute, Launch Report , Feb 2013

8. SBIR/STTR Funding Colorado 44.1% 55.9% Denver 31.4% 68.6% Boulder
64.9%
35.1%
53.1%
Aerospace-Related
Colo Springs
Other
46.9%
3.1%
Other
96.9%
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
($, Millions)
Source::
U.S. Small Business Administration.

9. Defense In Colorado* 5.2% jobs defense related
7.5% labor income traceable to defense
$27B economic impact
*CO DMVA Report Apr 2015

10. CO Aerospace by Govt Spending FY16*
$6.3B Total Aerospace Govt Spending
Other Govt Agencies: 1.5%
NASA: 17.1%
Dept of Defense: 81.4%
Source: Development Research Partners / *USASpending.Gov, May 2017

11. Launching Colorado To Another Level!
Together We Will Build A Stronger Colorado!