(LEDP) is a proponent of the efforts that support the expansion of Longmont’s business and technology sectors. Therefore, LEDP takes pride in endorsing the campaign.
The life sciences landscape in Colorado is a thriving hub for groundbreaking health innovations, drawing significant investments from private, public, and governmental sources. This progress is fueled by the state’s commitment to cultivating an environment conducive to innovation, where sectors ranging from bioscience and high technology to space exploration and quantum computing converge.
Colorado has positioned itself as a prominent center for life sciences innovation and economic competitiveness, owing in part to its highly educated workforce. With the second-highest concentration of bioengineers and biomedical engineers in the U.S., Colorado stands out as a premier national and global destination for innovation talent.
Another contributing factor is access to funding. Colorado’s life sciences entities have consistently secured over $1 billion annually for the past seven years. Moreover, the state’s advantageous location plays a role, situated at the heart of the United States with convenient freight options and boasting one of the top five global airports, Denver International Airport. Additionally, there are 3.5 million square feet of planned or under-construction lab space in the state.
Professionals relocating to Colorado find a dynamic lifestyle and cultural scene beyond their work environment. With its majestic mountains, world-class museums, outdoor recreational opportunities, Michelin-starred dining establishments, craft breweries, and professional sports teams, the state offers a diverse cultural and leisure landscape that appeals to individuals from various backgrounds.
Recognized by CNBC as a top business destination in the U.S., Colorado provides lower costs compared to other major life sciences hubs, along with state backing for companies contemplating relocation. This innovation-driven business environment makes it an attractive choice for life sciences firms seeking to establish, move, or broaden their operations.
In essence, Colorado’s welcoming community in Longmont is well-suited and eager to collaborate with life sciences enterprises. Through innovative partnerships in this community, forward-thinking ideas are translated into tangible benefits for patients.
LEDP is enthusiastic about highlighting and backing the opportunities in Colorado’s life sciences sector.
Established in 1981, LEDP is a non-profit organization funded by a combination of public and private sources. Over 120 private sector businesses have joined forces with the City of Longmont, Boulder County, and Platte River Power Authority to establish an economic ecosystem that champions businesses and their proprietors. LEDP’s mission is to coordinate a comprehensive and cooperative economic development strategy focused on enhancing the economic vibrancy of the community. This strategy revolves around four main pillars – talent, industry, place, and connectivity, with the ultimate aim of fostering growth, prosperity, and inclusivity as the cornerstone of a robust local economy.