Why Northern Colorado?
Stretching from Denver to Fort Collins, Northern Colorado has become a destination hub for entrepreneurs and technology centric ventures. Starting in 1960, Colorado State University (CSU) in Fort Collins was contracted to perform a feasibility study for John F. Kennedy’s idea for an international service organization, from which the idea of the U.S. Peace Corp was created.
The Front Range –so called due its proximity to the Rocky Mountains — is home to a multitude of international development entities and research organizations such as, The National Renewable Energy Lab (NREL), the Posner Center for International Development and International Development Enterprises. Adding to the profound presence of international development and technological innovation in Colorado is CSU’s Energy Institute. The Energy Institute is renowned for its work in energy, energy efficiency research/technology and groundbreaking research in environmental and societal impacts of energy use.
Located in the certified LEED Platinum Powerhouse Campus, Factor[e] is optimally located among leading energy researchers, technology development companies, faculty members, lab space, including the former Engines and Energy Conversion Lab, and a clean cookstove lab from which Envirofit International was born.
Colorado’s unique environment, with ample resources for energy creation from wind, solar, biomass, and fossil fuels, has attracted energy innovators and researchers from around the globe. In 2015, Fort Collins itself was featured by the Smithsonian Institute as one of the top 6 “Places of Innovation” in the U.S., chosen largely for its clean energy efforts and an “overarching character of collaboration”. In 2013, The Entrepreneur Magazine recognized four Front Range cities in the top 10 of its ranking of Best Cities for Tech Startups: Fort Collins-Loveland, Boulder, Denver, and Colorado Springs. Fort Collins and Boulder were also chosen in the top ten for Nerd Wallet’s ranking of America’s Most Innovative Tech Hubs, in which they considered such factors as number of patents per 1,000 residents, financial support for innovation, and economies of agglomeration (synergies gained from startup clustering). Colorado has been recognized for its entrepreneurial culture and start-up support infrastructure from a multitude of publications and organizations including the U.S. Chamber of Commerce, PriceWaterhouseCoopers, the Kauffman Index, and the National Science Board.