You are here: Home › Startups taking Colorado by storm

Startups taking Colorado by storm

By Karl Cryer
-    Mar 04, 2016
Credit : GMI Post

Business confidence is very high in in Colorado as economic growth surges, cost of living remains affordable, and young entrepreneurs move to the state. Historically dominated by the telecoms and oil & gas industries, the state has witnessed a burgeoning of new tech startups the past few years, particularly in technology.

“I believe the University of Denver can become the front-range of what Stanford is to Silicon Valley. There’s no reason we can’t do that,” said Dean JB Holston of the Daniel Felix Ritchie School of Engineering and Computer Science at the University of Denver.

Holston, who joined the university after 25 years working as a senior executive in Fortune 500 companies and heading a venture capital firm, pointed out that 70% of the people who moved to the Denver area the last few years identified themselves as entrepreneurs and that the University of Denver wants to be a destination and a collaborative community for entrepreneurship and innovation.

“We want to raise the profile of Colorado internationally and drive these connections. There are a lot more technology-oriented, digital and information technology, and telecommunications firms moving more people here, with our wide base of talent,” he said.

As part of its initiative to build an innovation community, the University of Denver is holding a Global Summit on Cyber Security in April.

With Modular Robotics Founder and CEO Eric Schweikardt and Systems Engineering and Support Head Jonathan Moyes

One such example of a local successful startup is Boulder-based Modular Robotics, founded in 2007 by Eric Schweikardt, who developed Cubelets, motorized robot blocks that can be joined together to build bigger robots.

“In general, Americans think of robotics as a dystopian, large humanoid, industrial automaton that’s going to take their jobs,. And that’s depressing. But, I think they’re a continuation of technology. I want to change the notion of what robotics is,” Schweikardt said.

Aside from Cubelets, which also feature sensors and other functions, Modular Robotics also makes MOSS, another line of robotic toys aimed at children aged eight years and above.

Targeting schools and consumers in the United States, Modular Robotics markets its two product lines as toys that will inspire creativity in children and help them become better thinkers.

“We have no plans of international marketing just yet. But there is talk for international expansion to Japan, among other maybe by 2017. We will need to partner with a Japanese company to help us with the culture and integrate into the market,” Schweikardt said.

With Agribotix Founder and Chief Technology Officer Tom McKinnon and CEO Lou Faust

Meanwhile, Tom McKinnon, founder and chief technology officer of Agribotix, has seen a growing trend among young farmers to use the latest technology to increase efficiency and improve their profit margins. The company provides agricultural drones and drone-enabled data processing analytics services for the growing segment of U.S. farmers who employ precision agriculture practices.

Agribotix does around 50% of its business internationally. Through a joint venture in Panama – the company sells its drone-enabled agricultural intelligence solutions across six countries in Latin America, including Brazil. It also has cutomers in Australia, New Zealand and Africa.

“In five years, I think flight hardware in drones will be totally commoditized and manufactured at low costs. By then, we will thrive on providing agricultural data processing services that support precision equipment and give farmers the ability to make real-time decisions in the field that will improve crop yields and reduce their costs,” McKinnon said.

Sports bars in Tokyo, Osaka and beyond for watching the 2019 Rugby World Cup

Can’t make it to the game? A sports bar is the next best place to watch alongside fellow fans (and rivals rooting for the opposing ...

Rebuilding the nation and the region

The 14th General Election last May was intense and Malaysians will remember it long after the settles. Not only will they remember the gruelling mo...

Western Australian council is first adopter of Datacom's new local government technology

Datacom has rolled out the first phase of its customer service system for the town of Manjimup in Western Australia. Kicking off with Service Reque...

TWSE: Cultivating Growth

When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize...

Malaysia: A fresh start

Ten months since historic elections that rocked the nation’s political landscape, Malaysia, once again headed by Prime Minister Mahathir Mohamad, i...

SilTerra: Defining tomorrow in Malaysia today

Globally ranked 16th by Gartner in the pure-play foundries category, SilTerra clearly punches above its weight. Originally set up in 1995 as a semi...

Casino slot manufacturer attributes success to hard work, vision, and dedication to core values

Japanese gaming giant Konami has invested heavily in Las Vegas, setting up a huge head office in the city from where it develops and markets indust...

Reaffirming a commitment to create equal opportunity

Tracing its origins back more than a century, LHAG has nurtured a reputation for excellence and expertise in dispute resolution, international arbi...

It's time to turn manufacturing on its head

The leader of a major business group in North Dakota has issued a call for government and industries to break away from long-held notions about eco...

latest special Reports:

Upcoming Reports from

Uruguay 2019

See Preview »

GMIPOST is putting together a Special Report on Uruguay to commemorate the 110th anniversary of the arrival of the first Japanese immigrants to the...

Ecuador 2019

See Preview »

GMI Post is headed to Guayaquil and Quito to research and prepare a Special Business Report on Ecuador, to be published in the Japan Times in the 4...

Chile 2019

See Preview »

As host of this year's APEC 2019 in November and organizer of the U.N. Climate Change Conference (COP25) in December, Chile will be on the global s...

Peru 2019

See Preview »

With its GDP growing an average of 4 percent a year, Peru economy has outperformed those of its neighbors Traditionally a mining country, the count...




  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.

    Testimonials:

    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile

Join our newsletter

Sign up for our weekly newsletter to get the latest news and updates directly to your inbox.