Local business news and updates provided by the City of Centennial Economic Development division  I    ED@centennialco.gov

In This Issue | May 2024

SPARK Centennial Offers Online Learning Opportunity

SPARK Centennial kicked off last month with a successful roundtable discussion with the business community. This month will feature an online learning opportunity that is open to all Centennial businesses on Tuesday, May 23 at 9 a.m. The topic will be "Learning with Colorado Enterprise Fund." We welcome you to register for this session and a link will be sent to you. To sign up for SPARK program updates, visit SPARK. 

Dry Creek Road Construction Underway

Construction is underway to improve eastbound traffic on Dry Creek Road just east of the I-25 interchange.  Additional associated improvements are also expected. Throughout the project, travelers can expect daytime traffic impacts and intermittent daytime lane closures. Visit Dry Creek for more information.  

True Anomaly To Build Military Satellite 

True Anomaly, a Centennial based company, has been contracted to build a spacecraft for a U.S. Space Force effort to have two satellites launch on short notice, rendezvous in orbit and study each other. Visit True Anomaly for specifics on the project. Congratulations on being selected. 

Iontra Partners with Salom

Centennial based Iontra, a leader in next-generation battery charging technology recently announced a strategic partnership with Salom Europe Limited, a global leader in power supply solutions and battery chargers, to bring Iontra's charging technology in Salom charger designs to market. Congratulations on the partnership. Visit Iontra for details. 

Boom has FAA Approval to go Mach 1

Boom Supersonic, headquartered in Centennial, has secured the first-ever Special Flight Authorization (SFA) for XB 1 to exceed Mach 1 from the FAA. This first-of-its-kind authorization to XB-1 for supersonic test flights are planned for later this year in the Black Mountain Supersonic Corridor in Mojave, CA. Congratulations on this notable achievement, Visit Boom Supersonic for details. 

United Launch Services Selected by NASA to Develop Future Mars Missions Concepts 

Centennial's United Launch Services, is one of nine companies selected by NASA to develop concepts that could aid agency science missions to Mars down the road. ULA, featured in the large payload delivery and hosting services category, notes they're working on modifying an Earth-vicinity cryogenic upper stage. Sending congratulations your way. Visit United Launch Services for details. 

City of Centennial and Centennial Arts and Cultural Foundation Partner on Traffic Box Wraps

Calling all local traffic box artists. The City of Centennial and the Centennial Arts and Cultural Foundation are teaming up to bring art into our community. Artist applications are being accepted through Thursday, May 30. Apply and learn more. 

Business News

• The Colorado Office of Economic Development will host a Global Consultant Network Event on Thursday, May 30 from 9 a.m. - 4 p.m. at the Hyatt Place in downtown Denver. The Global Business Development division has a global consultant network that helps innovative Colorado small businesses export internationally. Register here.
• Join the South Metro Chamber's Economic Development Group for their technology and AI in healthcare event on Thursday, May 9 from 7 - 9 a.m. at Kaiser Permanente in Lone Tree. Register here. 
• Effective January 1, 2024 and required by January 1, 2025, many companies in the U.S. must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. Filing is simple, secure, and free of charge. Beneficial ownership information reporting is not an annual requirement. Unless a company needs to update or correct information, a report only needs to be submitted once. Visit fincen.gov/boi for more info or view the BOI brochure that includes a link to the Small Entity Compliance Guide to determine whether your company qualifies for an exemption.

• Centennial Arts and Cultural Foundation is seeking applications from mural artists to create original art for the City of Centennial's first public mural project. The mural is located along Big Dry Creek under the Arapahoe Road bridge. Learn more and apply. 

• Denver South recently released an update to the previously published South I-25 corridor study. The study evaluates economic, real estate and transportation conditions in the Corridor, forecasts future growth over a 20-year forecast period, recommends strategies, actions and investments to address impacts on the area's transportation facilities and infrastructure. View the study. 
• The State of Colorado is offering a 50 percent tax credit to employers who provide sustainable commute benefits. 2024 is the last year to take advantage of this credit. For more information, visit Sustainable Commute Benefits.

City Announcements

• Centennial's "State of Our City" event is scheduled for Tuesday, May 7 from 11 a.m. - 1 p.m. at Centennial's Wings Over the Rockies Exploration of Flight at Centennial Airport. 
• Welcome to Economic Development Week in Centennial: A time to celebrate and recognize the incredible minds and drivers behind our City's thriving economic development! This week is dedicated to honoring our local economic development heroes—nonprofits, business partners, community leaders, and entrepreneurs—who contribute to the growth and success of Centennial. Dive into #EconDevWeek2024 with us by following the action on our social media channels. Throughout the week, we'll share insights, success stories, and resources that showcase the innovation and resilience of our business community. Let's come together to make this week memorable and impactful as we continue to drive economic prosperity in Centennial.
• Centennial street sweeping has begun and will run through October. Sweeping starts on the west side of the City and progresses eastward. To ensure you're prepared for street sweeping in your neighborhood, visit the map.
• City offices will be closed in honor of Memorial Day on Monday, May 27.

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