CAPCO Programs

A Colorado-based CAPCO Program company recently made an announcement about its Centennial location:

SKYDEX Technologies, Inc. (SKYDEX), a leading provider of impact mitigating and cushioning technologies, announced today that its Centennial, Colorado, based operation was granted ISO 9001:2008 certification.

SKYDEX’s scope of ISO registration includes, “The Design, Development, Manufacture and Sale of Products for Shock Mitigation, Impact Absorption, Cushioning and Vibration Reduction.”

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A CAPCO Program company in Colorado won several awards at 2014 International CES:

Able Planet Inc., a leader in audio and speech language technologies, announced that its Linx Fusion headphones won six Innovations Design and Engineering Awards at the 2014 International Consumer Electronics Show held in Las Vegas Jan. 7-10.

The awards included a “Best of Innovations” award in the Technology for a Better World category, the company said. Read more »

The Denver Post published some recent news on Able Planet, a CAPCO program portfolio company in Colorado:

Wheat Ridge-based headphone maker Able Planet, a regular at the International Consumer Electronics Show, unveiled a few dozen new products and prototypes at this year’s event, including noise-canceling earbuds.

But the one product that chief executive Kevin Semcken beamed about most had little to do with gadgets.
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The CAPCO program, which has been proven successful in several states, was awaiting to be enacted in Colorado back in 2001:

CAPCO program, which awaits governor’s signature, has spurred significant economic growth in several states and could bring same prosperity to Colorado.

The Certified Capital Company (CAPCO) program, a highly successful economic development initiative aimed at creating jobs and fueling entrepreneurial activity in Colorado, could bring at least $50 million of venture capital funding to the state’s rural and agricultural communities if signed by Gov. Owens. The program was adopted by the state legislature (HB 1097) last week.

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Small businesses can turn to their local CAPCO programs for funding:

Fostering new businesses in your county (with their new tax revenue potential) is obviously a much better way to deal with state budget cutbacks and dwindling local revenues than increasing taxes or cutting services or both. And it doesn’t necessarily take a new automobile assembly plant in your community to turn the revenue slide.

For most counties, small businesses are the economic engines for their communities. The National Association of Small Business Owners reports that small businesses employ 51 percent of private sector workers; provide two-thirds to three-quarters of the new jobs; and represent 96 percent of all exporters of goods.

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Through the Colorado CAPCO program, Advantage Capital Partners was able to invest in Natural Cleaners Colorado:

Advantage Capital Partners, a leading venture capital and small business finance firm, today announced a $1.9 million investment in Natural Cleaners Colorado LLC, a dry cleaning business utilizing environmentally friendly cleaning processes.

Advantage Capital’s investment, made in connection with Colorado’s Certified Capital Company (CAPCO) program, will be used to form two new natural cleaning operations in Grand Junction and Steamboat, with possible future expansion to other locations throughout the state. A centralized plant in each location will service a number of drop stores providing maximum neighborhood coverage and customer convenience.

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