State Incentives and Resources
Colorado’s competitive and profitable business environment makes it easy for companies to relocate or expand in the region. The state’s pro-business climate provides a full range of opportunities that align with the financial needs of growing businesses. Colorado offers a variety of competitive incentives and resources that support business growth and job creation.
Job Growth Incentive Tax Credit
A performance-based job creation incentive program that provides a state income tax credit to businesses undertaking job creation projects that would not occur in Colorado without this program.
Aviation Development Zone Tax Credit
Provides state income tax credits to businesses creating jobs that are involved in the maintenance and repair, completion or modification of aircraft located in an approved Aviation Development Zone. Jefferson County’s Rocky Mountain Metropolitan Airport is a designated Aviation Development Zone.
Sales and Use Tax Refunds and Exemptions for Investments
- Components for Production of Energy from Renewable Energy Sources
- Medical and Clean Technology
A performance-based program to encourage recruitment, retention, and economic growth throughout Colorado by supporting businesses that have created and maintained permanent new jobs for one year.
Colorado FIRST and Existing Industry Job Training Grants
Colorado FIRST grants are for companies that are relocating/expanding in Colorado, and provide funds only to net new hires. Existing industry grants focus on providing assistance to established Colorado companies to remain competitive within their industry, adapt to new technology, and prevent layoffs.
Advanced Industry Accelerator Programs
- Proof of Concept Grant
- Early-Stage Capital and Retention Grants
- Infrastructure Funding
- Export Accelerator Program
- Advanced Industry Tax Credit