Thursday, July 10, 2008

CNBC ranks Colorado on list of top states for business

Gov. Bill Ritter today praised a new report that names Colorado to CNBC’s prestigious annual list of America’s Top States for Business, which ranks Colorado No. 5 and specifically cites the state’s "new energy economy."

CNBC analyzed 40 factors in 10 broad categories. Colorado’s highest rankings came in the categories of business friendliness (Colorado ranked 5t) and quality of life (Colorado ranked 7t).

The report said Colorado’s new energy economy was one of the biggest reasons the state climbed to No. 5 from No. 7 last year. “Colorado has been actively courting what it calls the New Energy Economy, like wind and solar, and the efforts are paying off.”

In all, Colorado scored among the top 15 states in six of the 10 categories, including overall economic climate, access to capital, workforce quality and state support for technology and innovation.

“This is great news for Colorado,” said Gov. Ritter, who was in Spain this week on an energy economic-development mission. “It’s another positive sign that our aggressive efforts to build a New Energy Economy by attracting local, national and international companies and expanding our employment base are paying off. One thing that separates Colorado from other states is our unique combination of intellectual capital and entrepreneurial Western spirit. The CNBC recognition is an acknowledgment of that.”

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