Many Colorado businesses are probably well-aware of the dangers of a sexual harassment or discrimination suit. Even when the allegations are completely unfounded, the reputation of a business can suffer, and a recovery could take years. Likewise, governments also face discrimination suits, particularly in their dealings with local residents.
As readers of this blog may know, starting up a business can be complicated for those not familiar with business law. There is a virtual mountain of paperwork and process. Then there is the venture capital you'll need to fund the start-up. Add to the mix the many legal requirements for initiating a business, and it's easy to see why the entire process can at times seem overwhelming. Additionally, starting a business often requires much more than just a good idea; it requires a lot of funding.
There may be times when the facts surrounding a wrongful termination case can be fairly cut and dry. Then, there are those times when a "he said, she said" case comes along. This type of wrongful termination case can be virtually impossible to prove, one way or the other, without witnesses to the alleged behavior. Such was the case in Colorado when a former employee of the Trinidad Ambulance District filed a civil suit against the district, its director and a paramedic for alleged sexual harassment and racial discrimination. The complaint was filed on Oct. 20 in the Las Animas County District Court.
Venture capital appears to be on the rise in the Denver area and throughout Colorado. That is good news for startups, as they benefitted from $158 million in funding statewide for the third quarter. That figure is almost double the amount invested for the same quarter last year. It also appears that most of the venture capital funding stayed in the Denver and Boulder areas. In particular, two alternative energy companies received almost half the third quarter allotment. In all, the third quarter funds were divided between 876 startups, a 3 percent rise from the same period last year.
As Colorado along with the rest of the country fights its way back from recession, many communities believe that the ability to attract new business offering new services, products, and jobs may be just what the doctor ordered. Think of it as a business plan to attract business. To that end, the Windsor Town Board is addressing the issue of an economic incentives policy, proposed by the town's business development manager.