Colorado’s tech industry employed 162,600 in 2012, 37,000 of which were internet and telecom service related, representing 8.7 percent of the private sector workforce in the state, placing it third in the nation in terms of concentration. Colorado’s innovative spirit coupled with its extensive infrastructure and central geographic location allow Colorado to be a hub for easily deliverable goods and services across the nation and around the world which lead to more than $2.9 billion per year in exports. Finally, the hot startup scene in Boulder is rapidly expanding across the Front Range to Denver, Fort Collins and Colorado Springs expanding the tech industry in Colorado with an abundance of new entrepreneurial endeavors.