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Mesa County, Colorado, Next Energy Capital of America
Latest companies to join the Rural Jump-Start tax credit program are green energy entrepreneurs Qmast LLC and General Synfuels International, Inc.
By: Grand Junction Economic Partnership
"It's fantastic to see the energy industry growing again in Mesa County," said Kristi Pollard, executive director of the Grand Junction Economic Partnership, an economic development organization in Mesa County that helps businesses apply for the Jump-Start tax credit program. "The county has a long history in energy but we did lose many businesses in the last recession, when energy prices dropped and jobs moved oversees. The Jump-Start tax credit program is not only bringing energy business back to Mesa County, but creating a hub here for innovation and green technology in the energy space."
GSI has developed a patented, environmentally friendly, energy-self-
"GSI has been afforded an opportunity with the Jump-Start program to launch our potential game-changing process for the development of oil shale gasification technologies,"
GSI joins Qmast LLC, a startup approved for the Jump-Start program last month. Qmast has developed a revolutionary and environmentally sound technology for the removal of hydrocarbons from oil shale, tar sands, tight shales, and conventional oil and gas reservoirs using a High Power Microwave (HPM) system. The company is currently expanding on the success of its initial prototype system and plans on hiring over 350 people at its Grand Junction facility over the next five years.
Rounding out the Jump-Start energy trifecta is ProStar Geocorp, a company that provides geospatial intelligence through its hybrid cloud technology solutions to the pipeline and utility industries. All three companies are located in Grand Junction, Colo.
In addition to the three energy technology companies, Jump-Start Mesa County has approved four more companies:
- * Colorado Clean, a manufacturer of a first-of-its-
- *KAART Group, developers of an open source solution for storing geographic data from remote locations across the globe;
- *REBCO Enterprises, which produces the "Hydropot," the world's only ultra-low energy, fully self-contained, soilless growing system that recycles water.
Together, the 7 businesses are anticipated to bring over 550 jobs to Mesa County by year-end 2020 - each with higher salary expectations than the average annual salary of the state.
Learn more at http://gjep.org/