Colorado Approves Incentives for Two New Headquarters
The state economic commission authorized $4.3 million in job growth tax credits for two growing technology firms.
Updated on Oct. 15, 2026 in Remote Work
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The Colorado Economic Development Commission approved a total of $4.3 million in tax incentives for two companies looking to establish new state headquarters. The firms, currently identified by the project names Project Otter and Project Curie, are evaluating local sites for future expansion.
Why it matters
The incentives are part of a competitive effort to lure specialized firms to the state, with Project Otter seeking proximity to U.S. Space Force partners and Project Curie targeting operations in the Four Corners region.
Project Otter was awarded $2.7 million in credits while Project Curie received $1.6 million, with both packages contingent on eight-year job growth requirements. Project Otter expects to create 237 jobs and Project Curie 118 jobs.
The players
Colorado Economic Development Commission
This state body is responsible for managing economic growth and approving business tax incentive packages in Colorado.
Project Otter
This private software firm currently employs 53 people and focuses on developing security technology for space applications.
Project Curie
This private company currently employs 36 people and focuses on the recovery and remediation of uranium resources.
The details
Project Otter creates space-based national security software, while Project Curie specializes in uranium recovery and remediation. The firms are considering sites such as Colorado Springs and Grand Junction for their respective headquarters.
Timeline
Project Curie was founded in 2018.
Project Otter was founded in 2020.
The commission approved the tax incentives on October 8, 2026.
Market Landscape
These awards reflect a broader trend of states using competitive tax incentives to attract niche technology and aerospace firms. This strategy positions Colorado to capitalize on defense and industrial remediation sectors against rival states seeking similar high-growth business headquarters.
The approval of these incentives creates the potential for 355 new high-paying jobs across the state. Residents in areas like Colorado Springs and Grand Junction may see increased local economic activity as these firms finalize their headquarters locations.
The takeaway
These incentive programs require companies to meet strict performance metrics over an eight-year period to access the full credit amounts. Readers interested in regional growth should monitor job postings in the aerospace and uranium sectors as these headquarters plans materialize.
Further reading
For more information on state economic development, visit Colorado Remote Work.
Source note: This article includes information reported by Colorado Springs Gazette.
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