Tuesday, February 17, 2009

Epicenter of US Economic Recovery

US President Barack Obama signs his economic stimulus bill in Denver at the Museum of Nature and Science. I'll let the Washington Post decipher the symbolism:

Obama signed the massive, nearly 1,100-page American Recovery and Reinvestment Act before an audience of 250 business and community leaders seated on folding chairs in an atrium of Denver's Museum of Nature and Science. The setting was intended to underscore the new law's role in creating clean-energy jobs. Before the signing, the president toured a solar panel installation on the museum's roof.

The latest David Brooks column, "I Dream of Denver", piles on the love. The Colorado Front Range is where it is at. Looking out my own window:

Longmont-based data-storage company Copan Systems has secured $18.5 million in new venture capital financing.

The company said the funding will help it expand its product development, sales, marketing and distribution efforts globally.

“It’s great news,” said Mark Ward, president and CEO. “It’s really just an emotional and financial lift. Obviously there’s a lot of companies out there that are struggling.”

Copan moved to Longmont in 2003 after it was founded in Texas a year earlier. The $18.5 million is the first influx of VC money since September 2007, when the company raised $32.4 million.

Why move to Pittsburgh?

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