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A revamp of Denver's economic development office is designed to change the culture of the city agency from bureaucratic to entrepreneurial.

"We've never really had a sound economic development plan," said Mayor Michael Hancock. "We want a laser-like focus on really building a true economic development program."

Hancock last week announced a restructuring of the Denver Office of Economic Development that creates an emphasis on business development and retention.

A focal point of the JumpStart 2012 plan is creation of a $20 million public-private fund to finance small-business startups and expansions.

To read the full, original article click on this link: Denver to refocus economic-development office on helping startups - The Denver Post