Pueblo County officials are exploring a significant investment opportunity that could lead to job creation and economic growth in the region. During a recent Board of County Commissioners work session, discussions centered around a proposed $15 million startup project aimed at producing glycerin, a versatile product with a growing market demand.

The project leaders emphasized the importance of local control, stating that they prefer to secure funding from public entities like the county and city rather than private equity, which could lead to a loss of local oversight. They are seeking a cash loan rather than traditional industrial revenue bonds, aiming to maintain operational control while ensuring profitability within the first year of production.

A key aspect of the proposal includes a request for $3 million in grants specifically for job creation, which would help collateralize the loan and provide a safety net for investors. The project team expressed confidence in their ability to execute the plan effectively, citing their experience and the market potential for glycerin.

Commissioners acknowledged the unusual nature of the request but recognized the potential benefits for the community. They noted that while this type of funding is not typical, the partnership with local organizations could pave the way for a successful venture.

As discussions continue, the focus remains on how to structure the funding to ensure that the project not only meets its financial goals but also contributes positively to Pueblo County's economy through job creation and local investment. The outcome of these negotiations could set a precedent for future public-private partnerships in the area.