COLORADO SPRINGS, Colo. (KRDO) — Regardless of the onerous hit companies are taking through the COVID-19 pandemic, new state numbers present the quantity of rising companies is up from this identical time final 12 months.
Based on the Colorado Secretary of State’s 2020 enterprise report filings, the state is experiencing progress regardless of the pandemic.
“I imply everyone says your first 12 months is your hardest, but it surely’s undoubtedly pressured me to be actually inventive about what I am doing and the kind of items that I am providing,” Rebecca Moon, proprietor of Moonbeam Clothiers in Downtown Colorado Springs, stated.
Following a slower than anticipated begin through the peak of the pandemic in April, Moon stated help from surrounding companies performed a key function in resiliency for the realm.
“It has been actually cool to see the neighborhood of simply companies Downtown proper now. I’ve gotten a ton of help from different companies and, you understand, different small enterprise house owners and that is been actually encouraging.”
Financial Improvement Specialist for the Downtown Partnership of Colorado Springs, Alex Armani-Munn, stated present retail emptiness is pretty wholesome, averaging within the 6% vary.
“We have really seen extra companies, extra road degree companies open up downtown this 12 months than shut. I have been actually impressed with the extent of retention we have had for our road degree companies, particularly by way of this disaster,” Armani-Munn stated.
New enterprise filings statewide are up by about 25 p.c from the identical time final 12 months and up rather less than 1 / 4 from just some months in the past.
“I feel that one thing necessary to acknowledge with this disaster, and this occasion if you’ll, is that it was an interruption of an in any other case very sturdy and sturdy financial system, not like a meltdown like we noticed in 2008, the place the entire system sort of crumbled and needed to rebuild.”
He stated at the least two new companies will likely be opening this month, and extra on the way in which earlier than the tip of the 12 months.
“By way of Downtown, the outlook is optimistic proper now and, large image, we’re nonetheless very wholesome.”
For all the month of November, the Downtown Partnership of Colorado Springs has launched a ‘Small Enterprise Saturday’ marketing campaign to help companies within the space.
To study extra, go to their website.