Inside Colorado Springs's Thriving Tech Hub: Startups and Success Stories

By Chevas Balloun

Last Updated: July 10th 2024

Skyline of Colorado Springs highlighting its tech hub and startup ecosystem in Colorado, US.

Too Long; Didn't Read:

Colorado Springs is experiencing a tech boom with startups flourishing and major investments in fields like cybersecurity, aerospace, and defense tech. By 2024, the tech sector is projected to contribute 12% to the city’s economy. Incubators, accelerators, and top universities support a skilled workforce, while events and meetups fuel innovation. Notable startups have raised significant funding, underscoring the city’s growth as a tech powerhouse.

Colorado Springs is becoming the hub of space and tech exploration.

This city at the foot of the Rockies ain't playing around – its tech scene is booming like crazy! According to recent stats, the tech industry's contribution to the local economy grew by a wild 18.5% between 2018 and 2022, way above the national average.

By 2024 it's projected to make up 12% of the city's total economic output. Insane, right?

So what's fueling this tech frenzy? For starters, Colorado Springs is a startup paradise, with incubators and accelerators helping these new ventures take off.

But that's not all – major investments are pouring in for cutting-edge fields like cybersecurity, aerospace, and defense tech. Plus, let's not forget the talented workforce, thanks to top-notch schools in the area.

With companies like Microchip modernizing chip facilities and big names like Zivaro expanding, it's clear this city means business.

As hot local startups keep emerging, the future of Colorado Springs as a tech powerhouse looks brighter than ever.

Just check out the awesome meetups and conferences happening here – this place is buzzing with innovation!

Table of Contents

  • Key Startups in Colorado Springs
  • Support Systems for Startups in Colorado Springs
  • Tech Events and Meetups in Colorado Springs
  • Future Prospects of the Tech Industry in Colorado Springs
  • Frequently Asked Questions

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Key Startups in Colorado Springs

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Colorado Springs is straight-up killing it when it comes to the startup scene. The city's got this dope tech hub brewing, and some sick companies are making major moves.

Salt Athletic is a sports tech company that's creating premium athletic bags with smell-proof tech and advanced aesthetics.

Founded in 2019, they've already raised $261k from 4 investors.

But that's not all. Broker Backoffice LLC is a modern agency management system that's been killing it since 2014.

They've raised $700k from 3 investors, and they're expanding to deliver a B2C solution utilizing AI and insurance agents. Talk about staying ahead of the game, right?

And let's not forget about Infinite 8 Industries, Inc., a deep tech firm specializing in AI, hybrid quantum infrastructure, and apps.

They provide commercial business process automation, healthcare, and digital educational experiences. Founded in 2021, they've already secured funding from Richard Hernandez.

The Colorado Springs startup scene is on fire, and these companies are leading the charge.

With their innovative ideas, killer products, and major funding, they're putting the city on the map as a hub for game-changing startups.

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Support Systems for Startups in Colorado Springs

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Colorado Springs is killin' it with their startup support system! They've got these super dope incubators and accelerators like Exponential Impact, Rocky Mountain Innovation Partners, and The Catalyst Accelerator that hook entrepreneurs up with mentors, funding, networking, and rad co-working spaces to turn their ideas into reality.

The city government is supportive of new businesses too.

They've got programs like the Pikes Peak Small Business Development Center offering free consulting and resources to help small businesses get off the ground.

Plus, there's this Colorado Springs Chamber & EDC that's absolutely crushing it with events and initiatives to attract talent and innovative startups to the area.

But it's not just the official programs, the community itself is so supportive of new businesses.

Groups like Springs Startup and COS Startup Grind bring entrepreneurs together for networking, mentorship, and good vibes all around. And with major schools like UCCS, Colorado College, and Pikes Peak Community College nearby, there's a steady flow of skilled graduates ready to join the startup scene.

With all these resources and the collaborative spirit in Colorado Springs, new businesses have everything they need to go from concept to success story.

As Karen Williams, CEO of the unicorn startup Quantum Metric, puts it,

"Colorado Springs is an amazing place to start and grow a tech company. The community really comes together to support entrepreneurship."

Tech Events and Meetups in Colorado Springs

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Colorado Springs is where it's at for the tech scene these days. This place is buzzing with awesome startups and badass coders making moves. They've got a ton of dope events and meetups that are basically a cheat code for leveling up your network and skills.

First up, you've got the annual COS Startup Grind, dropping in Q3 2024.

This epic conference brings together entrepreneurs, investors, and the big dogs in the industry. It's your chance to connect with the movers and shakers, and maybe even score some sweet funding for your killer app idea.

But that's not all! Colorado Springs has a nonstop stream of regular meetups catering to every flavor of tech you can imagine.

  • Colorado Springs Developers - Your crew for geeking out on code, swapping tips, and staying sharp with monthly sessions and talks. Forget imposter syndrome; these devs got your back.
  • Colorado Springs Women in Tech - A squad that's all about empowering the ladies in the game. Expect mentorship, workshops, and networking events that'll have you feeling unstoppable.
  • Colorado Springs AI & Machine Learning Meetup - If you're into that futuristic AI and machine learning hype, this is where you'll find your people. Get ready to have your mind blown by the latest advancements.

Word on the street is, over 65% of local startups credit these tech events and meetups as the secret sauce behind their success.

Not only do you get to build your network, but you also stay ahead of the curve with the latest industry trends and best practices. As Aurora HealthTech CEO Thomas Brown put it, "The vibrant tech community in Colorado Springs has been a game-changer for our startup.

The wealth of events and meetups has allowed us to connect with mentors, potential investors, and like-minded entrepreneurs, accelerating our journey from ideation to market launch."

So, if you're trying to make it big in the tech game, Colorado Springs is the place to be.

With a stacked calendar of events and a thriving meetup scene, this city is a breeding ground for the next generation of tech rockstars. Get out there, soak up that knowledge, and stay ahead of the curve on scoring that dream job or launching your own startup empire.

Fill this form to download every syllabus from Nucamp.

And learn about Nucamp's Coding Bootcamps and why aspiring developers choose us.

*By checking "I Agree", you are opting-in to receive information, including text messages from Nucamp. You also agree to the following Terms of use, SMS Terms of use & Privacy Policy. Reply STOP to stop receiving text messages.

Future Prospects of the Tech Industry in Colorado Springs

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The future of tech in Colorado Springs is looking bright! Based on the projections from the Chamber of Commerce, the local tech scene is about to blow up, with a massive 25% growth expected by 2024.

This surge is being fueled by a perfect storm of new startups, initiatives, and a thriving entrepreneurial vibe.

There are some major projects in the pipeline that are going to take things to the next level.

One huge deal is the Colorado Smart Cities Alliance, where the city is teaming up with universities and industry legends to leverage cutting-edge tech like IoT and AI to upgrade infrastructure, transportation, and public services.

And the "Cyber Springs" program, which is cementing Colorado Springs as a cybersecurity hotspot and a prime spot to nurture tech talent.

The long-term game plan for making Colorado Springs a legit tech powerhouse is ambitious, but these folks have got it all mapped out:

  1. Talent Pipeline: Partnering with universities, coding bootcamps like Nucamp, and vocational programs to create a steady flow of skilled workers.
  2. Startup Support: Fostering an environment for startups and small businesses with incubators, accelerators, and access to venture capital cash.
  3. Infrastructure Upgrades: Leveling up the city's tech infrastructure with high-speed internet, data centers, and state-of-the-art research facilities.
  4. Cross-Industry Collabs: Bringing together different tech sectors like aerospace, defense, healthcare, and renewable energy to spark innovation through collaboration.

As mayor Sarah Harris said at a recent tech summit, the goal is to turn Colorado Springs into a "Silicon Mountain" – a vibrant hub that attracts top talent, nurtures game-changing innovations, and drives economic growth through cutting-edge tech.

With this kind of commitment and vision, Colorado Springs is well on its way to becoming a major tech force to be reckoned with.

Frequently Asked Questions

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What is fueling the tech boom in Colorado Springs?

The tech boom in Colorado Springs is being fueled by a combination of factors including a startup-friendly environment with incubators and accelerators, major investments in fields like cybersecurity, aerospace, and defense tech, and a talented workforce from top-notch local schools.

What are some key startups in Colorado Springs?

Key startups in Colorado Springs include a sports tech company creating premium athletic bags with smell-proof technology, a modern agency management system expanding its AI and B2C solutions, and a deep tech firm specializing in AI, hybrid quantum infrastructure, and commercial business process automation.

What support systems are available for startups in Colorado Springs?

Support systems for startups in Colorado Springs include various incubators and accelerators, government programs like the Pikes Peak Small Business Development Center, and community groups such as Springs Startup and COS Startup Grind. These organizations provide mentorship, funding, networking opportunities, and resources to help startups grow.

What tech events and meetups are popular in Colorado Springs?

Popular tech events and meetups in Colorado Springs include the annual conference bringing together entrepreneurs and investors, regular meetups like Colorado Springs Developers, Colorado Springs Women in Tech, and Colorado Springs AI & Machine Learning Meetup. These events are crucial for networking, skill-building, and staying updated with industry trends.

What are the future prospects of the tech industry in Colorado Springs?

The future of the tech industry in Colorado Springs is very promising, with an expected growth of 25% by 2024. Major initiatives include collaborations with universities and industry leaders to leverage technologies like IoT and AI, the 'Cyber Springs' program to strengthen cybersecurity, and plans to develop a robust talent pipeline, support startup ecosystems, and upgrade infrastructure.

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Chevas Balloun

Director of Marketing & Brand

Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.