Asian investors see new wave of opportunities with Colorado's 'knowledge-based economy'
At a time when start-ups and other growing Colorado companies are looking for infusions of cash as well as new markets for their products, state economic-development officials are making significant moves to try to ensure the next big wave of investments could be coming from some of the booming economies of Asia.
Betsy Markey, executive director of the Colorado Office of Economic Development and International Trade, spoke in mid-May at the Asian Investor Conference, a gathering of business and political leaders in South Korea who are looking for investment opportunities outside their home country. Afterward, she met personally with a few dozen investors who queried here about Colorado’s infrastructure, as well as its renewable-energy, pharmaceutical and bioscience industries.
Then, last Thursday and Friday, state and Denver eco-devo officials hosted a delegation of 17 Japanese business leaders and investors who toured sites in Denver, Golden and Boulder to understand the area’s emerging technology-related companies and determine if there were investments that they wanted to make to help their own companies. Organized by the Japanese Ministry of Economy Trade and Industry, the trip to Colorado was the first of a series of trips the group is taking to explore smaller markets than the Los Angeles, Silicon Valley and Boston areas where Japanese corporations have focused so much of their investments right now.