Denver Mayor Mike Johnston has announced a new initiative to support job creation in the city, with a $100 million investment in various programs. The “Denver Jobs Agenda” aims to create 10,000 new jobs over the next three years, focusing on helping businesses thrive and preparing residents for the jobs of today and tomorrow.

Program Details

The initiative has four parts: “Launch Denver”, “BUILD Denver”, “Work Denver”, and “Open Denver”. “Launch Denver” will provide $6 million to turn downtown’s Independence Plaza into an innovation and entrepreneurship hub. “BUILD Denver” will offer $10.5 million in loans to small businesses, while “Work Denver” will train residents for careers in specialized labor with a $45 million budget. “Open Denver” will commit $40 million for incentives for new businesses signing leases downtown.

These programs aim to revitalize downtown Denver and support the local economy, addressing the city’s stagnant job market. By investing in job creation and business development, Denver hopes to provide opportunities for its residents and drive economic growth.

Original reporting: Denverite — read the source article.