3:15pm

Thu March 22, 2012
Business

Loveland Eyes New Initiative, Moves on From Failed ACE Effort

After parting ways with the Colorado Association for Manufacturing and Technology, Loveland officials will kick start a new business initiative tomorrow aimed at developing more high-tech jobs at existing companies in the area.

The so-called Technology Transfer Initiative is focused on matching and commercializing services between federal agencies and research labs with Loveland businesses. The effort will be facilitated by consulting company DA2, which says it offers technology “scouting” for new business opportunities.

“It’s intended to help our existing companies grow right where they are,” says Betsey Hale, Economic Development Director for the city.

The companies that participate in the Initiative don’t have to commit to relocating to the Agilent campus. Cumberland and Western Resources, a development company that currently owns the Agilent property, will continue to seek businesses to occupy the site.

Ultimately, Hale says the city is in a better position now than before because job creation will no longer be focused in one geographical location.

The Technology Transfer Initiative launch will take place March 23, 7:30 a.m. to 9:30 a.m., Yancey’s Allegra Room, 5820 Piper Drive, Loveland, Colorado.