Weekly News from COBRT - April 10th, 2018
LEADERSHIP. REACH. RESULTS.
April 10, 2018

Thank you to everyone who attended and supported the State of Higher Education Forum last week. We hope you had a great time and we look forward to seeing you at the next event. If you would like to view pictures from the event, please click here
Colorado business leaders, higher-education officials and policymakers converged at the History Colorado Center Wednesday afternoon to discuss how the needs of college students could be better met through funding and technology. 

Business leaders' economic outlook ahead of Q2 2018 was positive, but cooled slightly looking at Q3. All six individual components of the index remain in positive territory and the state continues to experience employment growth.  

Colorado will commit an unprecedented $100 million over five years to bring high-speed internet to unserved rural areas under a bill signed into law and praised by political leaders Monday. 

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Colorado Business Roundtable is excited to announce our latest partner, Extraction Oil & Gas! We are honored and excited to have you as a partner. We appreciate all of your support and look forward to working with you. 

Denver outlooked Seattle as the top-ranked metro for small business employment growth in March, according to a new report. The latest Paychex/IHS Markit Small Business Employment Watch report, which focuses on national small-business wage and hiring trends, indicated that nationally, small-business employment growth declined slightly in March. 

Concerning required disclosures pertaining to charges for health care. The bill imposes requirements on health care facilities, health care providers, pharmacies, and health insurers, starting January 1, 2019, to disclose information about health care charges. Specifically, section 2 of the bills enacts the 'Comprehensive Health Care Billing Transparency Act' (act). 


Colorado Business Roundtable partnered with Business-Higher Ed Forum (BHEF) to host a work-based learning roundtable last week. COBRT was joined by Colorado Workforce Development Council and BHEF research partner, Northeastern University. COBRT convened business leaders from Ball, Comcast, Siemens, IBM, Bank of America, JPMorgan Chase, Fidelity, FirstBank among others to explore current work-based models (internships, co-op's, apprenticeships, etc.), overall effectiveness, and share best practices that connect work and learning.

"The business community understands first-hand how competition for talent  impacts the bottom line. Our ability to innovate and complete globally will be driven by effective partnerships with education and ensuring all students are equipped with the necessary skills to enter the workplace" states Colorado Business Roundtable President, Jeff Wasden.

Goals for the Roundtable include coalescing definitions and design principles to create a common framework; explore the use, value and return from various WBL programs; capture key examples of successful programs that connect work and learning; and share opportunities across WBL where employers could work together to better align work and post-secondary education.

On Thursday I'm releasing my annual letter to JPMorgan Chase shareholders. Beyond describing the state of our company, I am proposing a vision for how all businesses can live up to their responsibility to spread opportunity throughout America. 

As the economy is transformed, government and private companies must collaborate to add jobs, increase wages and help those left behind. We must overcome divisiveness and polarization, and work together on three policies that would help businesses and workers adapt to globalization and technological change. 

Delegates For Nordic Trade And Investment Mission
Colorado Business Roundtable and its member companies understand the importance of global engagement and economic initiatives that support U.S. growth and opportunity for Americans, while boosting the competitiveness of U.S. companies and workers. We value our partnership with the State of Colorado and the Office of Economic Development and International Trade (OEDIT). Executive Director Stephanie Copeland will lead a Colorado business delegation, Trade and Investment Mission to Finland, Sweden, and Denmark. The mission will take place May 14-18, 2018. The goal of this mission is to strengthen ties between the Nordics and Colorado, explore opportunities to develop partnerships, as well as spur investment into the state.
 
The delegation is focused on some key Colorado industries- IT, FinTech, HealthTech, as well as State government. While other industries may find value in attending, based on the itinerary and scheduled meetings, those in IT, FinTech, and HealthTech will find the most value and engagement opportunities. We are looking specifically for a mix of corporate and startup representation. For specific details, please contact Laura Blomquist, OEDIT. Her direct email is Laura.blomquist@state.co.us. 

Since May 2017, when U.S. President Donald Trump gave notice that he wanted to renegotiate the North American Free Trade Agreement, there have been seven rounds of talks. The longer they go on, the more time Mexicans have to imagine what might happen if Trump ends NAFTA altogether. 

The 2018 Western Pathways Conference is uniquely focused on an issue central to the future of our economy and society: how can we build an education and workforce development system that will prepare ALL young adults for careers leading to economic independence? This will be an action oriented conference in which teams from the participating states will work together to develop plans for addressing such issues as the skills gap, strengthening connections between business and education, providing high-quality career development and career pathways, and much more. The Western Pathways Conference will attract national leaders from business, education, government and philanthropy to share knowledge, experience, ideas, and best practices.The Conference is organized and hosted by the Global Pathways Institute at Arizona State University in partnership with the Utah Governor's Office of Economic Development, Business-Higher Education Forum, Education Commission of the States, and the Colorado Business Roundtable.

Register Today
Centennial, CO - Transportation for America (T4America) announced today that Centennial and Denver South Economic Development Partnership (Denver South EDP) were selected to participate in the second cohort of their Smart Cities Collaborative program. In its second year, the Collaborative will again bring together cities to collaborate on the challenges related to implementing smart mobility policies and projects to improve urban transportation throughout the Denver metro region's southeast corridor. 

Read the full article
Described as a "frugal" company in a new Wall Street Journal report, Seattle-based Amazon has been scoping out sites on its HQ2 shortlist since January - taking a particular interest in education and the tech-to-talent pipeline in Denver and the other 19 cities still in contention for its second headquarters. 

The EDCC's Regional Economic Development Forums are designed to look at our communities across the state and learn what attributes they have and what challenges they face. The challenges of one community can be very similar to that of another. This is an opportunity for us to come together as a state-wide organization and gain knowledge of these issues, acquire tools and resources to implement in our communities, and to better the economy as a whole. Topics range from infrastructure, small business development, workforce challenges, economic resiliency and more.

Join the EDCC on April 24, 2018 from 8 am to 3 pm at the Westin for this event. 

Goldman Sachs 10,000 Small Businesses is a program for small businesses that links learning to action. Through the program, participants will gain practical skills in topics such as negotiation, marketing, and employee management that can immediately be put into action. In addition, they will receive the tools and professional support they need to develop a strategic and customized business growth plan that will take their company to the next level.

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  http://www.cobrt.com/radio-podcast and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes

See all at our events page and use this contact form to add yours!
04/11/18 - 04/14/18
NUICC Trade Mission for DefExpo 2018 - National US INDIA Chamber of Commerce

04/12/18
NOCOM 18 - Manufacturing Partnership

04/20/18

04/20/18 - 04/22/18

4/24/18

05/03/18 - 05/04/18

05/10/18
Cybersecurity Roundtable- CSU-Global and COBRT

05/14/18 - 05/18/18
Boulder Startup Week

05/30/18 - 06/01/18
Western Pathways Conference - Global Pathways Institute

06/04/18
Lunch with Congressman Lamborn - Strategic Resources Group

COBRT partnership opportunities are now available. 

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