Incentives

Colorado offers many incentives for entrepreneurs and businesses of all sizes.

• Job Growth Tax Incentive
  A state income tax credit for businesses undertaking job creation projects that would not occur in Colorado without this program.

• Strategic Fund Incentive
  Supports and encourages new business development, expansions and relocations that have generated new jobs throughout the state.

• Enterprise Zone Tax Credits
  Provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas.

• Local Government Incentives
  Local governments can provide property tax credits or incentive payments based on the amount of increased property taxes for qualifying new business activity.

• Rural Jump-Start Program
  New Businesses and New Hires that locate in a Rural Jump-Start zone receive tax relief for up to eight years.

• Job Training Grant Programs
  Business-friendly tools that assist in retaining jobs.

• Public Infrastructure Grants
  Grants that create new jobs and retain existing jobs, primarily for low‐ and moderate‐income persons.

• Biotechnology Sales and Use Tax Refund
  A means to recover the sales and use previously-paid tax expenses on equipment and supplies used for biotech research and development.

• Manufacturing Sales and Use Tax Exemption
  An exemption from state sales and use tax on purchases of manufacturing machinery, machine tools and parts.

• Sales Tax Exemption on Components for Production of Energy from Renewable Energy Sources
  Components used in the production of electricity from a renewable energy source are exempt from state sales and use tax.

• Advanced Industry Investment Tax Credit
  Helps Colorado advanced industry companies receive capital from Colorado investors.

• Aviation Development Zone Tax Credit
  A business locatedin an Aviation Development Zone may qualify for a state income tax credit.

Other Incentive Programs

• Colorado Tourism Matching Grant Program
  Provides assistance to the tourism industry for marketing efforts.

• Film Incentive Program
  A 20% performance-based rebate.

• Rural Economic Development Initiative (REDI) Grant Program
  Helps eligible rural communities develop plans and undertake projects to create jobs, drive capital investment, and increase wages.

• Colorado Creative Industries Grants and Programs
  Numerous grants available for the Creative Industry