Greetings LLCEDC Members & Community Leaders,

We are excited to announce our newest board members that filled vacancies this past March. As a refresher, we had four openings on the Board, and had five official nominees, and the Board of Directors voted in the official members last week. Congratulations to Ting Zhu, Jamie Seiffer, Melissa Kendrick and Matt Westenburg, we look forward to their input and engagements!

We also want to congratulate Nancy Bailey on her new position as the official LLCEDC Executive Director! We are confident she will carry out her duties as Executive Director with integrity and skill.

**Reminder **

The next LLCEDC Board of Director's meeting has been moved to April 28th, and will have a half day for strategic planning before the meeting either from 10am to 2pm or 1pm to 5pm. Please take the Doodle Poll HERE to determine the time.

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The Leadville Lake County Economic Development Corporation is the leading catalyst for business success by helping to retain and expand the economic base in Leadville and Lake County.

On behalf of all of us here at the LLCEDC, thank you for your continued support of our organization - and please always reach out if we can help! See important updates below.

LLCEDC Team

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LLCEDC is committed to the development of all of Leadville/Lake County diverse and sustainable economy for all of Lake County. More about us » and Follow us on Facebook »

National Trust For Historic Preservation:

Backing Historic Small Restaurants Grant Program

Visit their Website

Partnered with American Express, The National Trust for Historic Preservation is again offering their Backing Historic Small Restaurants Grant Program as a means to aid in restaurant recovery in the ongoing challenges they face from the COVID Pandemic.

Their mission and goal is to award $40,000 grants to 25 Historic small business that have been in operation for more than 25 years for their exterior improvement and website development in order to assist in their customer service and financial recovery. Their focus is on restaurants that have been disproportionately impacted by the Pandemic, who are located in Historic neighborhoods or buildings,

If you or someone you know want to nominate a business for this grant opportunity, please register HERE . Nominations are due by April 4th at 11:59pm ET.

EDCC : ABOUT AND UPDATES

At the Leadville Lake County EDC, we feel it is important to emphasize the necessity of our partners that help sustain and encourage economic development. The Economic Development Council of Colorado (EDCC) is dedicated to economic vitality and quality living for the community. As a non-profit organization, the EDCC assists and represents both the public and private sectors of Colorado, and their mission is "to position the EDCC as the premier statewide organization for strengthening Colorado’s economy."

ABOUT EDCC

"Our History:

Established in 1976, the Economic Development Council of Colorado (EDCC) promotes effective, responsible economic development practices across Colorado. Today we are the state’s premier economic development resource, representing the economic development interests of both the private and public sectors throughout the state. We connect our communities, our members and our partners to high-quality educational opportunities and trusted resources, and advocate for sound policies and programs that support a vibrant economy and enhance quality of life for all Coloradans.

EDCC members come from a variety of settings. We are rural and urban, public and private-sector, for profit and not-for-profit, and include individual communities, counties and regional organizations, local and state government, chambers of commerce, universities, and private industry. We are economic development professionals, community volunteers, and business and political leaders." Read more HERE

EDCC Website

EDCC LEGISLATIVE UPDATES FROM THE CAPITOL

"Day 58

As we mark the half way point in the 2022 legislative session, the legislature has been off to a slower than usual start. So far, the legislature has introduced 465 bills, and we are still waiting for some high profile bills to be introduced from the majority party on collective bargaining for government employees, spending federal stimulus dollars, investing in affordable/attainable housing, and funding the unemployment insurance trust fund. There are a few themes emerging at the Capitol as it relates to legislation introduced to date - law enforcement/criminal justice reform, air quality and greenhouse gas reductions, mandates, and tax incentives. We have had two recent appointments – the first was the appointment of Rep Mandy Lindsay (D-Aurora) in the House and Sen Nick Hinrichsen (D-Pueblo) in the Senate due to the resignation of legislators taking positions with the Biden administration."

Click HERE to read the full Legislative Update.

For more information, please visit the EDCC's website for their Public Policy and Legislative Platform.

Public Policy

Legislative Platform

Labor Market Updates for Lake County

With the information given by our partners at Colorado Rural Workforce Consortium, we are eager to present updated information regarding the recent changes in the Lake County Labor Market and how many workers have become employed outside of Lake County. A phrase rom the below document by by Mark Hoblitzell reads:

"According to 2019 data from the US Census, just over 80% of Lake County workers were employed outside of the county with nearly 40% of those jobs located in Eagle or Summit counties. Chaffee County accounted for only 1.6% of jobs. (US Census On the Map, Lake County, All Job s)"

Click here to read the full document.

Travel and commute are an unavoidable part of employment, but some industries have been shown higher percentages of commute time and distance for workers located in the Lake County region. Below is a table that shows the industries in the Lake County Region in contrast to total commute.

Click here to view the table.

LLCEDC'S NEWEST MEMBER!

THE BECKER TEAM/ THE HOMELOAN EXPERT

The Becker Team consists of a team of different backgrounds, but are united in the passion for giving back to the community. The LLCEDC is excited to have members that share our same ideals and morals, and through outreach, charitable giving, and more, the Becker Team proves they have these same ideas in mind. Please give a warm welcome to The Becker Team! We look forward to their partnership and support.

Visit their Website

The LLCEDC will be highlighting key partners and members. Sustaining, growing and maintaining the future of Leadville/Lake County takes all of us.

Remote Work And The Great Resignation

People quitting their jobs at the highest rates on record continues to wreak havoc on U.S. companies. Some surveys have found that nearly half of employees are looking to leave their current jobs, highlighting the labor crisis that many employers are encountering. Some are calling this “The Great Resignation” but maybe it should be called “The Great Meaning of Success Pivot.” OK, I am getting a little ahead of my blog thought points…sorry! Drilling down into the causes for this unprecedented labor shortage in the USA, studies are finding the major cause to be the employee’s fundamental reassessment of work… read more

OEDIT RURAL OPPORTUNITY UPDATES

ABOUT OEDIT

The Colorado Office of Economic Development and International Trade (OEDIT) works to create a positive business climate that encourages sustainable job growth and dynamic economic development. OEDIT strives to develop the state's economy financial and technical assistance as a means to support regional and local economic facilities throughout the state. To learn more about OEDIT and what they assist in, please click HERE to read more about them.

Visit website HERE

OPEN OEDIT PROGRAMS

OEDIT Partnering with Exit Planning Institute on a 2022 Colorado State of Owner Readiness Survey

As the State of Colorado actively looks to support businesses through all stages of their journey, the Employee Ownership Office of Colorado is working in partnership with the Exit Planning Institute to create the State of Owner Readiness Report. This research gives an inside look on how prepared private business owners are to sell or exit their businesses and allows for our statewide business community to best prepare for this next step, consider all of their options, and improve their individual transition success. Your participation in the 2022 Colorado State of Owner Readiness survey will help Colorado continue discovering new opportunities to support business owners. Responses to the survey are confidential and it will take about 12 minutes to complete.

To see a full list of open OEDIT programs, please click on the link below.

See Programs HERE

LAKE COUNTY AND LCCF PRESENTS STATE OF THE COMMUNITY EVENT AT FREIGHT

All are welcome to attend Lake County Community Fund's and Lake County's 5th annual "State of the Community". The event will take place on Thursday, March 31st, 5-7pm at The Freight. Speakers will include organizations such as Cooperative Nueva Union, a resident-owned community, City of Leadville, Lake County Community Fund, Lake County Government, Lake County School District, Leadville Sanitation District, Parkville Water District, and, St. Vincent Health. These organizations will be discussing this last year's successes, set backs, and the plans and projects they have set for the future.

For more information, please click HERE to visit the Lake County Community Fund website's "State of the Community" section or contact Mayor Labbe at lvmayor@leadville-co.gov or call at 719-207-2072. We look forward to seeing you there!

HB21-1264 Rural Reskilling, Upskilling,

and Next-skilling Workers Grant

The CWDC is excited to announce a new round of grant funding via HB21-1264 that is now available to eligible entities through a competitive application process. This round of reskilling, upskilling, and next-skilling grants will support rural organizations in facilitating training for unemployed and underemployed Coloradans to earn industry-recognized credentials.

501(c)(3) community-based nonprofit organizations who have a partnership with local workforce centers in the Colorado Rural Workforce Consortium (with the exception of the Broomfield Workforce Center) are eligible for this grant opportunity. Applications are due by March 28, 2022. Multiple grants will be awarded, with a maximum individual award amount of $225,000.

Visit the CWDC technical assistance portal HERE to apply for the grant.

Visit CWDC Website HERE

IMPORTANT LLCEDC MEMBER BENEFIT!

Peak Health Alliance is a member-led, non-profit health insurance purchasing cooperative whose mission is to leverage the purchasing power of an entire community by negotiating on their behalf for more competitive health insurance rates. Peak partners with local providers, hospitals, and carriers in Lake County to offer a full suite of comprehensive and affordable plans in the individual, self-funded, and small group market. Please contact Devin Kepler, Manager of Outreach at Devin@peakhealthalliance.org for more information, or visit our website at peakhealthalliance.org.

For an overview of Peak Health Alliance in Spanish, please click here.

Visit Website HERE

Additional Info & Events

Central SBDC Workshops

The Power of WE

May 16th, 8:00am-5:30pm at the Salida Steamplant Event Center

EARLY registration fee: $75.00

Registration Fee: $90 after April 25th. Team discounts and scholarships are available. Contact Miranda Grant at info@centralsbdc.org for details.

More info HERE

Cash Flow essentials

Until March 31st

Online

Fee: $45

More info HERE

Profitability Essentials

Until March 31st

Online

Fee: $75

More Info HERE

Click HERE to see more upcoming workshops

Visit SBDC Website

Be sure to check out the workshops and sessions offered by our SCORE Partners.

Check out Workshops HERE

Workshop Calendar HERE

Check out SBDC resources available to support small businesses, non-profits, freelancers, and independent contractors.

SBDC Workshops HERE

Need a refresher on what the LLCEDC does and the role we play in our community?

Check out the FAQ HERE

Check out the 2022 LLCEDC Board of Directors and Meeting Schedule HERE

Thank You Partners

Thank You Donor Members

Click HERE for a full member list

Our Mission Statement

The Leadville Lake County Economic Development Corporation is the leading catalyst for business success by helping to retain and expand the economic base in Leadville and Lake County.

Visit our website:

www.LakeCountyEDC.com

LEADVILLE LAKE COUNTY ECONOMIC DEVELOPMENT CORPORATION

400 Harrison Ave, Ste #100, PO Box 1503, Leadville, CO 80461

719-293-2316 • admin@lakecountyedc.com