Colorado’s Office of Economic Development and International Trade opened the state’s wallet again Thursday in an effort to entice three companies to either locate or expand here.

OEDIT commissioners approved up to $5.9 million in Job Growth Incentive Tax Credits (JGITC) to those companies, who could bring up to 374 net new jobs to Colorado. OEDIT keeps the companies’ names secret until all the paperwork is finalized.

In the last month, two of the four companies OEDIT offered incentives to decided to jump on the opportunity and announced they’d locate, or expand, here.

One was kidney-care company Strive Health, which vowed to keep its headquarters in Denver and add 250 new jobs to existing workforce of 230 – 70 of which are in Colorado. It has up to eight years to earn the $7.46 million in tax credits. The other was virtual reality training company Square Comp, which announced it’s locating its U.S. headquarters in Fort Collins and creating more than 50 jobs to get up to $494,747 in JGITC.

The three companies awarded incentives Thursday included:

Project Bluebird: is described as a “direct-to-consumer online subscription service for independent food and beverage producers.” It is looking to relocate to Colorado from the Bay Area in California.

“The pandemic accelerated the already-fast growth of the company, which currently has about 150 employees in the U.S. The company seeks to grow in a market that provides strong talent for data analytics, marketing and engineering,” according to a release. It’s also looking for “lower cost than the Bay area.”

Colorado is competing with Washington. Bluebird expects to create 251 net new jobs, with an average salary of $121,016, and could earn up to $4.33 million in JGITC.

Project Summertime: is described as a “specialty foods producer that sells its primary product through retail, food service, and private label channels.” It’s currently based in Colorado with 55 employees, but is looking to add 82 more jobs with an average salary of $63, 067. It’s looking to locate in Weld or Larimer counties. Colorado is competing with South Carolina or Tennessee, as the company wants to grow its market in the southeast U.S.

“The company was recently acquired by a private equity firm and is planning to develop a new operations center to service and supply their growing market in the southeast U.S., with space for office, product development, production and distribution functions,” according to the release.

OEDIT approved up to $960,840 in JIGTC.

Project Echo: is a “privately held multinational company” that “develops and manufactures intra logistics systems for clients including airports and fulfillment centers.” It wants to move to Colorado and combine two offices from different parts of the U.S. It’s also checking out California. The company expects to create 41 new jobs, with an average wage of $113,134, and could earn up to $609,653 in job creation tax credits.