Posts tagged business incentive
City manager approves business incentive for Gnip
Mar 15th
Ed note: See the city’s response at the end of the article
City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based Gnip for up to $45,000 in rebates. The rebates were authorized for sales and use taxes, and permit-related fees.
City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based Gnip for up to $45,000 in rebates. The rebates were authorized for sales and use taxes, and permit-related fees.
“Gnip is a fast-growing company in Boulder’s thriving downtown and high-tech communities,” Brautigam said. “The city is very pleased that it can support Gnip’s expansion so it can grow as an industry leader, delivering three billion social media activities per day.”
The flexible rebate program is one of the city’s business incentives, covering a wide range of fees, equipment and construction use taxes. Under this program, the city manager may consider a specific incentive package for tax and fee rebates to meet a company’s specific needs. The company is then eligible for the rebate after it has made its investment and paid the taxes or fees to the city.
Gnip is the largest provider of social data in the world, partnering with Twitter, Facebook, Tumblr, and WordPress, among others, to aggregate social media data and information for their clients. Founded in 2008, the company has emerged as a leader in the social media industry. With 50 employees, Gnip recently expanded into a new space at 1050 Walnut, Suite 115, to maintain its presence in downtown Boulder. In addition, Gnip was named “best place to work” by both the Boulder Chamber and the Denver Business Journal.
“We’re excited to be a based in Boulder and we think our growth is facilitated by the many advantages offered by the City of Boulder”, said Gnip CEO Jud Valeski. “We think Boulder offers the world’s best place to work and live.”
The flexible rebate program uses social, community, and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to receive the rebate. Gnip has exceeded the requirements and, of note, the company has initiated the Gnip Gives Back program. This program coordinates charitable giving and organizes group service opportunities for the company to participate in. Gnip also offers Eco Passes, Boulder B-Cycle memberships, and annual City of Boulder Recreation passes to their employees and is located in a LEED Gold certified building.
Gnip’s application is approved as part of the 2012 flexible rebate program; one application is still pending. The city’s approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers.
For more information about the city’s economic vitality program, go to www.bouldercolorado.gov, click on “Business,” or call Liz Hanson at 303-441-3287.
Boulder approves “incentive” for another innovative energy companyy
Jan 27th
City Manager approves business incentive for Eetrex
City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based Eetrex Incorporated, for up to $26,000 in rebates. The rebates were authorized for sales and use taxes, and permit-related fees.
The flexible rebate program is one of the city’s business incentives, covering a wide range of fees, equipment and construction use taxes. Under this program, the city manager may consider a specific incentive package for tax and fee rebates to meet a company’s specific needs. The company is then eligible for the rebate after it has made its investment and paid the taxes or fees to the city.
“Eetrex is part of the new energy economy and is leading innovation in power electronics and battery systems,” Brautigam said. “The city is pleased that its incentives are helping Eetrex grow and stay in Boulder.”
Employees of the Eetrex Corporarion
Eetrex develops power electronics and battery systems for the electric and plug-in hybrid-electric vehicles, telecommunications, and computing industries. The company is also the leading developer of on-vehicle inverter-chargers, known as Invergers™. Its battery systems are being used in demonstration projects to show how they can effectively store energy from wind and solar generation to offset peak loads and utilize clean energy more effectively. In 2006, Eetrex was founded in Boulder and moved into a larger 9,700 square-foot space at 4900 Pearl East Circle, Suite 110, in June 2011.
Kathryn Miles, president of Eetrex, said, “Eetrex is committed to supporting the community and establishing our business as an environmentally conscious company. Not only is our technology helping to green the transportation industry and support alternative energy, but we also encourage employees to ride their bicycles to work along with our zero waste practices. We are very pleased to receive this award in recognition of our efforts.”
The flexible rebate program uses social, community, and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to receive the rebate. Eetrex has exceeded the minimum requirements of the community sustainability guidelines. Of note, Eetrex is implementing a zero waste policy through Green Girl Recycling and is a member of the 10 for Change challenge, which included an energy audit of its facility. The company also will request an EnergySmart training through the city’s Local Environmental Action Division.
Eetrex’s flexible rebate application is one of six submitted to the city in late 2011. Four 2011 applications are pending. The city’s approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers.
For more information about the city’s economic vitality program, go to www.bouldercolorado.gov, click on “Business,” or call Liz Hanson at 303-441-3287.
City giving incentive rebates to high-tech company
Jan 5th
City Manager approves business incentive for Tendril
City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based Tendril for up to $85,000 in rebates. The rebates were authorized for sales and use taxes, and permit-related fees.
The flexible rebate program is one of the city’s business incentives, covering a wide range of fees, equipment and construction use taxes. Under this program, the city manager may consider a specific incentive package for tax and fee rebates to meet a company’s specific needs. The company is then eligible for the rebate after it has made its investment and paid the taxes or fees to the city.
“The City of Boulder is pleased that Tendril, a company founded in Boulder, is growing and able to maintain operations in the city, in part, due to city-offered incentives,” said City Manager Jane S. Brautigam. “Tendril is at the forefront of energy technology and represents the future of the industry.”
Tendril is transforming the way the world interacts with energy. The company’s technology allows consumers to modify their behaviors to reduce both their costs and energy usage and allows the utility to speak with the consumer during peak periods in order to reduce demand. Tendril is expanding and recently renovated and moved into an approximately 52,000 square-foot space at 2560 55th St.
“We are proud to be a Boulder-based company. Boulder provides access to great talent, an unmatched quality of life for our employees and a vibrant technology community that is quickly becoming a center of clean tech innovation,” said David Rayner, chief financial officer at Tendril. “As a leader in clean technology, it is important to us that we ‘walk the walk’ on green initiatives and we’re thrilled to receive recognition from the City of Boulder for our sustainability efforts.”
The flexible rebate program uses social, community, and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to receive the rebate. Tendril has exceeded the minimum community sustainability guidelines. Of note, Tendril participates in RTD’s Eco Pass program and has a Green Team responsible for managing environmental initiatives, including holding in-house educational sessions, purchasing energy-friendly appliances, and maintaining composting and recycling programs. The company will participate in energy efficiency programs such as receiving an energy assessment for its new facility and participating in the 10 for Change challenge.
Tendril’s flexible rebate application is one of six submitted to the city in late 2011. Five 2011 applications are pending. The city’s approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers.
