Colorado-founded company plans to add 138 new jobs, Colorado Once Again Prevails over Texas
DENVER - Today Governor Polis announced that Elsmere Education, an educational technology company, has chosen to expand its operations in Colorado, adding 138 new jobs over the next eight years.
“It’s great to see Colorado small businesses succeed and expand as we build back better than before the pandemic. Our amazing state is the best place to live, work and run a business,” said Governor Jared Polis. “Elsmere Education, a fast-growing, innovative company, will bring high-paying jobs in the education technology sector, which is well-positioned for strong future growth.”
Elsmere Education partners with colleges and universities to research, develop, launch and market in-demand graduate programs. With proven expertise in program management, market analysis, marketing, recruiting and retention services coupled with extensive technical knowledge, Elsmere Education helps partners identify unique markets and develop high-quality offerings to serve students in these fields.
Founded in 2012 by Justin McMorrow in his home, the company has experienced strong growth, adding 60 jobs in 2020 during the pandemic. This strong growth is expected to continue in the coming years. As the company was outgrowing its office space in Denver last year, it began to consider other markets, specifically Houston where McMorrow grew up.
“While Houston was tempting for personal reasons, we ultimately decided that Colorado offered the best opportunity for growth and access to the talent pool we will need,” said McMorrow.
As Elsmere plans for this expansion, they will stay in Denver. The 138 jobs will have an average annual wage of $85,490 which is 114 percent of the average annual wage in Denver County. The jobs will include operations support, administration, marketing and management.
To find out more about Elsmere Education and career opportunities, please visit their website.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Cannabis Business Office; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov