Wayne Heilman

Business Reporter

  • Student-led company tries to win Colorado College competition on third try

    Updated: 18 hr ago

    A fledgling Colorado Springs company, iDro, hopes that the third time will be the charm for winning Colorado College's Big Idea business plan competition. Headed by CC senior Fredrik Lindseth, the food-app company has been a finalist in all three of the previous competitions, winning...

  • Colorado Springs cybersecurity firm forms partnership

    Published: Fri, Mar 27, 2015

    CertainSafe, a Colorado Springs-based cybersecurity firm, has formed a partnership with MicroTech, a Virginia-based technology and government contractor, that could produce more than $10 million in revenue for the two buisnesses. The partnership aims to incorporate CertainSafe's...

  • BBB of Southern Colorado names board member as interim CEO

    Updated: Thu, Mar 26, 2015

    Board members of the Better Business Bureau of Southern Colorado didn't have to look far to find an interim CEO: They reached across the table and hired one of their own until they can find a permanent replacement for Matt Barrett, who resigned more than two months ago. Matt Colligan,...

  • Dillard's converting Citadel store into clearance center, vacating 2 floors

    Updated: Tue, Mar 24, 2015

    Dillard's Inc. is converting its department store at The Citadel mall into a clearance center and is vacating two of the three floors of its 203,000-square-foot building. Julie Johnson Bull, a spokeswoman at the chain's Little Rock, Ark., headquarters, said the company decided this...

  • Century ups stake in Calgary racetrack and casino

    Published: Mon, Mar 23, 2015

    Century Casinos Inc. said Monday it has raised its stake to 75 percent in United Horseman of Alberta Inc., which is developing Century Downs Racetrack and Casino in Calgary. Under an amended agreement with United Horseman, Colorado Springs-based Century agreed to lend $19.2 million,...

  • HomeAdvisor opening sales center in Colorado Springs to employ 150-200

    Updated: Sat, Mar 21, 2015

    HomeAdvisor, a Golden-based company that connects homeowners with home improvement contractors, plans to open a sales center in Colorado Springs next month that a company official said eventually will employ 150-200 representatives earning $50,000-$60,000 a year. The center will open...

  • Snowy February meant fewer people in Colorado Springs hotels

    Updated: Sat, Mar 21, 2015

    Lots of snow in February meant there was plenty of room in Colorado Springs hotels last month. The occupancy rate for local hotels fell to 50.3 percent in February from 52.6 percent a year earlier, the first decline since November and only the second in the past 10 months, according...

  • CC senior wins statewide startup competition

    Updated: Fri, Mar 20, 2015

    Colorado College senior Fredrik Lindseth and his iDro, a company he co-founded to develop a smartphone application that helps people grow their own food, won the Colorado University Startup Challenge Monday at the Angel Capital Summit in Denver. Lindseth and his team of Colorado...

  • Gold Resource profits jump despite revenue decline

    Published: Fri, Mar 20, 2015

    Gold Resource Corp. reported Thursday that its profits last year jumped more than 176 times to $16.2 million, or 30 cents a share, even as revenue generated by the Colorado Springs-based owner of a Mexican gold mine declined by 8.3 percent to $115.4 million. The company earned just...

  • FedEx to triple size of its Colorado Springs distribution center

    Updated: Fri, Mar 20, 2015

    Package delivery giant FedEx Corp. will more than triple the size of its Colorado Springs distribution center when it starts construction next month on a facility near the Colorado Springs Airport. The 223,000-square-foot center at 125 Troy Hill Road, southeast of Powers Boulevard...