Denver Mayor Michael Hancock unveiled his one-year strategic economic development plan, called JumpStart 2012. The goal is to "create world-class opportunities" for Denver's businesses, residents and neighborhoods. Under this plan, the Denver Office of Economic Development (OED) will undertake seven strategic initiatives, or “pillars,” including:
A new bill that is expected to be signed into law soon will allow startups to raise finance using online platforms and their social networks. It forms part of the JOBS Act, whose goal is to cut down on red tape for US startups and help these companies expand and create jobs.