Help Shape the Future of Our Community >> Invest in GJEP
  • Violet Defense brings new hemp R&D business to Grand Junction Colorado

Violet Gro 15th Company to Join Jump-Start Tax Credit Program

July 3, 2019 – Violet Gro, a new division from Florida-based Violet Defense, began setting its footprint in Grand Junction last year. The company, which specializes in LED-technology for hemp growers and the agriculture industry, was accepted into the Rural Jump-Start Tax Credit program at the June Colorado Economic Development Commission hearing. The program, which now has 14 participants in Mesa County and 15 statewide, gives companies the opportunity to operate tax free in the state for up to eight years.

“Under the terms of the program, Violet Gro is to partner with CMU on developing joint research on the technology, which is a patented ultra-violet light technique designed to help plants grow without creating too much heat. The program also is to create an internship program with university students.

‘We are thrilled that Violet Gro is the latest tech company to choose Grand Junction,’ said GJEP Executive Director Robin Brown. ‘The decision to launch in western Colorado proves that we have the skilled workforce and advanced infrastructure to support a company of its caliber. Tech is one of our fastest growing sectors.'”

Read the full story in The Daily Sentinel.

Expore the tech industry in Colorado’s Grand Valley here.

INTERESTED IN COLORADO’S JUMP-START TAX CREDIT? CLICK HERE FOR MORE INFORMATION.