Compelling Opportunities

Available skilled workforce, abundant natural resources, rapid market access, high-impact incentives, and a quality of life that attracts and retains the best: With all these assets Northwest Colorado offers compelling opportunity across sectors, including:

Renewable Energy

As the state and region transition from legacy extractive industry, Northwest Colorado offers a uniquely powerful opportunity for renewable energy. The region offers comprehensive advantages including abundant natural resources, infrastructure, skilled workforce, logistics, high-impact incentives and sustainability initiatives.

Abundant Resources: Our wide open spaces, water, public lands, forests, high elevations and general topography support the renewable energy sectors. These advantages have attracted renewable energy developer Ameresco, which is building a 4-megawatt regional solar array and rPlus Hydro, which is developing a $1.5 billion pumped hydropower storage site.

Existing infrastructure: Existing power plants transitioning to renewable energy provide strategic conversion possibilities for applications such as biomass and solar. Additionally, two high-capacity transmission lines under construction in the northwestern part of our region will deliver renewable energy to Nevada and California.

Highly transferable skills from a workforce committed to stay and succeed: The coal transition will make 2,800+ skilled workers available to incoming industries, a major advantage in both scale and skill. These workers’ industrial and construction skills are highly transferable. Equally important, they are dedicated to this region and want to stay in the area and succeed. That’s a significant—and singular—advantage.

Class I rail access: Union Pacific Class I service connects Craig in Moffat County, Hayden, Oak Creek, Steamboat Spring and Yampa in Routt County to the Denver market and beyond. Via rail spurs proximate to the Craig Station and Trapper Mine and Hayden Station, companies can access affordable and reliable transportation.

High-impact incentives:  Competitive federal, state and local incentives lower initial development costs, support more rapid return on investment as well as long-term profitability. See more here.

A region moving forward: In a state that is pursuing net zero carbon goals, Northwest Colorado is moving forward in important ways, including utility zoning updates and solar construction such as the 4-megawatt regional solar array in Craig. The Yampa Valley Electric Association has set ambitious goals: a locally-generated renewable energy contribution up to 15% of load, and the development of 90,000 megawatt hours of new local renewable energy projects within the next five years. Another important milestone: both Tri-State Generation and Xcel Energy are adopting transition plans to move away from coal-powered energy generation to renewable energy.

Comprehensive support: Driving the transition to renewable energy is a coalition of partners, including Northwest Colorado Development Council (NWCDC), Colorado Office of Just Transition, Colorado Office of Economic Development and International Trade, Colorado Department of Local Affair, higher education partners, nonprofits such as Yampa Valley Sustainability Council, along with industry partners, such as the Cleanrange Consortium. 

As a regional organization, the NWCDC serves as a coordinator and catalyst helping drive economic development. On a local level many northwestern Colorado communities and organizations are already transitioning to renewable energy.

  • Town of Rangely is planning to retrofit public buildings with solar and geothermal cogeneration. 
  • Moffat County is supporting a closed-loop hydroelectric project.
  • Craig is supporting solar power.
  • Town of Hayden is adding geothermal power to its new industrial park.
  • Routt County has adopted the  Routt County Climate Action Plan, led by Yampa Valley Sustainable Council

Prime opportunities: Opportunities include biomass energy generation, solar, hydro, geothermal power generation as well as alternative uses for coal.


Value-Added Agriculture / Food Manufacturing

Rich, abundant land and an agricultural heritage are among the many reasons agriculture-related enterprises thrive in Northwest Colorado. A venerable agricultural legacy has produced leading expertise in a region with an estimated 1,940 agribusiness jobs. Our region’s location quotients for agricultural and forestry occupations – concentration of these types of jobs in the local economy as compared to the national average – range from 2.4 to 4.87.

Other nurturing advantages:

Established education pipeline and partnerships: The region’s ag talent pipeline is supported by a range of collaborative training and development partners, including Northwest Colorado Development Council (NWCDC), Colorado State University (CSU), Colorado Northwestern Community College (CNCC) and K-12 schools. This region is growing an agriculture workforce from the ground up with agriculture programs at the K-12 levels and at CNCC, including agriculture, agribusiness and animal science degrees.

We’re also assuring the future through established relationships and critical collaborations that include the United States Department of Agriculture and the Community Agriculture Alliance (CAA). Regional collaborations bring new ideas and innovations, as exemplified by a recent feasibility study developed in partnership with NWCDC, CAA, CSU Extension and the Just Transition Fund, a national philanthropic funder for coal transition communities.

Another example of successful collaboration: In 2022, Deborah Fitch, a Craig rancher and owner of Fitch Ranch Artisan Meat Company, purchased a legacy USDA-inspected meat processing plant in Craig – one of only two USDA facilities in northwestern Colorado. The feedback and insight she gained that year from the NWCDC agriculture focus groups reinforced her determination to expand her meat processing operation. In 2023, NWCDC began working with the company as it planned the construction of a new 40,000 SF, USDA-inspected meat processing facility adjacent to the current plant. The NWCDC created a core support team and provided critical and ongoing assistance in the complicated application process for a USDA Meat and Poultry Processing Expansion (MPPEP) grant, which included developing a business plan, a pro forma, and a feasibility plan.

Entrepreneurial and cooperative approaches that yield results: In a region that encourages fresh ideas, collaboration is the name of the game. Community Ag Alliance (CAA) is a nonprofit that fosters partnerships to support the agricultural sector. CAA operates a retail store in Steamboat Springs to provide fresh local foods while creating more direct sales to consumers for local farmers and ranchers. Learn more.

Specialized, empowering support: This includes specialized and dedicated loan support from the USDA Rural Development team, headquartered at the Craig USDA Rural Development Office.


Advanced Manufacturing

This region has what it takes to support advanced manufacturing, beginning with access to an experienced and skilled workforce, of which 2,800+ with highly transferable skills and deep roots in this community will become available in the next few years with the sunsetting of coal. Abundant and expanding industrial acreage is available at well-connected sites, including the Northwest Colorado Business Park and the Trapper Industrial Park. See more here. Also, game-changing federal, state and local incentives support faster ROI and long-term profitability. See more here.

Outdoor Recreation Manufacturing Cluster: Renowned for its magnificent outdoor settings and recreation, Northwest Colorado has nurtured and grown numerous outdoor recreation manufacturers. Our ecosystem drives innovation, supporting companies such as:

  • Big Agnes, maker sustainable outdoor rec products through sustainable manufacturing processes;
  • Honey Stinger, manufacturer of nutritional products that support high-performance athletics and activities;
  • Good Vibes, manufacturer of a wide-ranging line of outdoor gear, apparel, accessories;
  • Headhunter Bow Strings, founded in Meeker in 1991 and is now the world’s largest manufacturer of bow strings. This level of quality and success means any new or relocating OREC enterprise can tap into the powerful brand equity of a region known for stunning outdoor beauty and a manufacturing cluster known for its sterling quality.

Outdoor Recreation And Cultural Tourism

Practice with the best in Northwest Colorado, where four high-caliber CAC hospitals and two community health centers are drawing patients from well beyond the three-county region. Quality is high at all the region’s facilities. According to Healthgrades, patient experience ratings are 13% higher than the national average at the UCHealth Yampa Valley Medical Center. The board-certified practitioners at Colorado Advanced Orthopedics have helped Pioneers Medical Center earn the Joint Placement Excellence Award for both knee and hip replacement from Healthgrades; recipients of those awards rank among the top 10% of hospitals in the nation.

Health Care

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Business Services And Tech

With its magnificent outdoor landscapes and high quality of life, Northwest Colorado is the ideal environment to inspire innovation and to attract and retain the best talent. The region is also a haven for entrepreneurs. Our ecosystem of entrepreneurial support fosters new ideas, innovations, and technology. Local pitch competitions provide technical assistance and startup prizes. For example, a new app designed to assist skiers and snowboarders won the 2023 Community Business Pitch Competition in Routt County. A drone services plan won the 2023 Business Plan Competition in Craig. The Northwest Colorado Development Council also offers technical assistance and grant navigation and review for tech startups. Across the region a variety of support services are available, including co-working spaces, funding assistance (including venture capital financing) and more. Learn more.