BEAVER CREEK, COLORADO (Oct. 16, 2024) – The Economic Development Council of Colorado (EDCC) proudly announced the recipients of the 2024 EDIE Awards during its annual Drive|Lead|Succeed Conference held in Beaver Creek, Colorado, from October 13-16, 2024.
As the most prestigious accolade in Colorado's economic development sector, the EDIE Awards recognize outstanding achievements across various sectors, including communities, organizations, companies, and legislators. Since its inception in 1989, EDCC has honored over 200 award winners.
The City and County of Broomfield was awarded the ‘Large Community of the Year’ (for communities with populations over 60,000). This distinction celebrates a significant commitment to fostering economic growth through strategic financial support, active board participation, and effective advocacy. This award highlights Broomfield's ongoing investments in long-term development projects, along with its successful initiatives that secure primary jobs, demonstrating a robust dedication to creating a vibrant and resilient local economy.
The City and County of Broomfield Economic Development has notable contributions in the following areas:
• Business Support and Expansion: Secured annual funding that provided over $120,000 in 2023 to assist small businesses in growth and improvements, leveraging private investments that exceeded grant amounts. Additionally, the Entrepreneurship Grant Program supported five startups with $21,300 in funding.
• Catalytic Development Projects: Facilitated over $1 billion in investments across several catalytic redevelopment initiatives, featuring mixed-use developments that combine housing, commercial spaces, and community amenities, supported by more than $100 million in public investment.
• Business Attraction and Growth: Oversaw the development and redevelopment of over 3.5 million square feet of commercial and industrial space in 2023, successfully attracting key industries such as aerospace, bioscience, and advanced manufacturing.
• Housing and Workforce Programs: Launched its inaugural Down Payment Assistance Program and implemented an Inclusionary Housing Ordinance to ensure the availability of middle-income housing. The Workforce Department served 562 employers, hosted nearly 14,000 job seeker visits, and surpassed state employment rate averages for job seekers.
“The awards ceremony showcased the incredible efforts of economic development professionals who are committed to enhancing Colorado's economy,” said John Bristol, EDCC Board Chair and Executive Director for Routt County Economic Development Partnership. “The City and County of Broomfield Economic Development’s innovative strategies and collaborative initiatives not only promote business growth but also strengthen the community as a whole.”
EDCC Executive Director, Kim Woodworth, praised the 'Large Community of the Year' winner, saying, “The City and County of Broomfield’s dedication to sustainable growth and deep-rooted community engagement is truly inspiring. Their efforts set a high standard for others to follow and exemplify the power of strategic, long-term investment in building thriving communities.”
The 2024 Drive|Lead|Succeed Conference provided a platform for leaders from across Colorado to address pressing challenges and seize new opportunities in economic development. Through thought-provoking discussions, collaborative efforts, and a shared commitment to fostering innovation, attendees left inspired to lead the charge in their communities.
As the conference drew to a close, the recognition of The City and County of Broomfield as 'Large Community of the Year' stood as a powerful reminder of what can be achieved through visionary leadership, strategic partnerships, and a steadfast dedication to economic resilience. The success stories shared throughout the conference underscored the importance of continuing to invest in Colorado’s communities, ensuring they are prepared to meet the evolving needs of residents and businesses alike.
Looking ahead, the EDCC and its members remain committed to driving Colorado’s economic future—one that is built on innovation, inclusivity, and collaboration. The future is bright for Colorado, and together, we will lead the way to enduring prosperity.
