As a business looking to expand or relocate in Colorado, we want you to get the most out of what our state has to offer. In addition to a colorful backdrop and an energetic workforce, we’ve also got a long list of funding resources and credits for eligible companies to access. Browse the list below to see all the programs available to support businesses in growing their economic presence in the state.
Advanced Industry Tax Credit: A program which provides assistance to Colorado companies operating in seven advanced industries the opportunity to receive capital from investors. Learn more.
Aviation Development Zone Tax Credit: A program providing a state income tax credit of $1,200 per new full-time employee for businesses involved in the maintenance and repair, completion or modification of aircraft located within approved Aviation Development Zone airports. Learn more.
Cash Collateral Support – SSBCI: A program which creates access to capital for small and medium sized businesses operating in Colorado that are having difficulty securing credit because of collateral shortfalls. The program utilizes funds from the State’s Small Business Credit Initiative (SSBCI). Learn more.
Certified Capital Companies (CAPCO): A venture capital program offering assistance to new or expanding small businesses in-state by providing funds to invest in Colorado business. The program encourages new business development and expansions of businesses by making a $75 million state-wide pool available for investment throughout Colorado, and a $25 million rural pool available for investment in designated rural counties in Colorado. Learn more.
CDBG – Business Loan Funds: A locally-driven program involving 14 regions, providing funding used to stimulate economic development initiatives by providing loans and loan guarantees to businesses. Learn more.
CDBG-DR – Grant and Loan Fund: Every year, the State of Colorado receives an allocation of federal funds to use for both community and economic development efforts within the state. OEDIT receives approximately one-third of this allocation of funds, using this allocation specifically for economic development efforts via the state’s Business Loan Funds.
CDBG – Planning & Feasibility Study: A program is designed to provide funding to determine the feasibility of a business project or to plan for a specific business project that will be located in Colorado. Projects will need to meet an economic development objective, such as the creation of new jobs. Learn more.
CDBG-DR – Tourism Marketing: A grant program providing funds to non-profits and quasi-governmental entities that promote tourism and visitor-related jobs, job retention and economic impact in a Flood Designated Disaster Area.
Colorado Blueprint 2.0: An initiative designed to examine how best to serve rural communities around the state and develop optimal strategies that will address the needs of each region. Learn more.
Colorado Capital Access – SSBCI: A program which grants small and medium sized businesses operating in Colorado access to capital by utilizing a small amount of public resources to encourage financing by eligible lenders and the State’s Small Business Credit Initiative (SSBCI). Learn more.
Colorado Creative Districts: This program offers vetted districts across the state access to grant funding, tailored technical assistance, networking and training programs, and access to advocacy tools to support the growth and infrastructure of the state’s creative economy. Learn more.
Colorado Credit Reserve (CRR): A program administered between OEDIT and the Colorado Housing and Finance Authority (CHFA), which increases the availability of credit to small businesses in Colorado by establishing a pooled loan‐loss reserve fund that banks or sponsored lending entities may access to recover losses associated with loans registered with the program.
Colorado FIRST and Existing Industry (CFEI) Job Training Program: Colorado FIRST grants are for companies that are relocating to or expanding in Colorado and provide funds only to net new hires. Existing Industry grants focus on providing assistance to established Colorado companies in order to remain competitive within their industry, adapt to new technology and prevent layoffs. Deadline for applications: July and December. Learn more.
Colorado First and Existing Industry (CFEI) Mobile Learning Labs (MLL): The CFEI program will provide grant funding to assist with the build out of a mobile learning lab (MLL) for use in Colorado. Learn More.
Colorado-Israel R&D Grant: This application is open to Colorado companies that have partnered with an Israeli company and are seeking grant funds to support their joint R&D project/technology. Learn more.
Colorado Microloans: The Colorado Microloans Program provides small loans to start-ups and entrepreneurial small businesses that are underserved by traditional debt markets. This program is the creation of the Colorado Economic Development Commission (EDC), administered by the Colorado Office of Economic Development and International Trade (OEDIT), and implemented by the participating lenders. Learn more.
Commercial Historic Preservation Tax Credit: A program jointly administered with History Colorado for owners of designated commercial properties that do a certified rehabilitation of their property. Learn more.
Creative District Community Loan Fund: A program designed to promote growth and sustainability in the creative industries by providing Colorado’s creative districts access to capital to increase sector employment and infrastructure. Learn more.
Early-Stage Capital and Retention Grant: This grant uses funding to support companies using technologies developed in proof of concept grants and other early stage start-ups that have created viable products that meet a market need and that can be created or manufactured in Colorado and exported globally. Learn more.
Enterprise Zone Tax Credits: These tax incentives encourage businesses to locate and expand in designated economically distressed areas of the state. Learn more.
Export Accelerator Program: This is a financial assistance program for aspiring and current Colorado exporters. The grant program supports eligible small and medium-sized business through funds to offset international business development and marketing costs. Learn more.
Global Consultant Network: A network of international consultants that connect qualifying Colorado companies to global opportunities and market education. Learn more.
Infrastructure Funding: This grant used funding to accelerate commercialization and innovation of advanced industry products and services by building capacity and workforce for the advanced industries ecosystem. The application for this grant is open twice a year in the spring and fall. Learn more.
Job Growth Incentive Tax Credit: A performance-based program for businesses pursuing job creation projects that are competing with at least one other state and where the incentive is a major factor in the decision. Learn more.
Job Growth Incentive Tax Credit-Higher Education Partnership: A program for businesses partnering with State Higher Institutions (HEI) to support job growth, academic development and economic expansion. Learn More.
Procurement Technical Assistance Center (PTAC): A program which provides Federal, State and local government contract procurement assistance in the form of education and counseling for Colorado companies. Learn more.
Proof of Concept Grant: This grant uses funding to identify and pull technologies from research institutions where they were discovered and connect them to the private sector where they can be developed into products for commercialization. Learn more.
Regional Tourism Act: A program established to give local governments the opportunities to submit for the approval of a Regional Tourism Project, unique by nature, that is designed to substantially increase out-of-state tourism and generate a significant portion of sales tax revenue from nonresidents. Learn more.
Sales and Use Tax Refunds: Colorado provides industry-specific tax relief from the Colorado Sales and Use tax to promote economic development. Learn more.
Rural Jump Start: A program for eligible new businesses and new hires that relocate to Jump-Start Zones. Learn more.
Space to Create: This program is the first state driven initiative in the nation to develop affordable housing and workspaces for artists and art organizations. Designed to position Colorado as the leader in artist-led community transformation in rural communities, this program will facilitate the development of nine projects over the course of eight years. Learn more.
State Trade Expansion Program: A financial assistance program for aspiring and current Colorado exporters entering into a new international market. This program supports small and medium-sized business through grant funds to offset international business development and marketing costs. Learn more.
Strategic Fund Initiative: A program which supports eligible rural companies, communities and non-profit initiatives in new business development such as incubators. Learn more.
Strategic Fund Incentive: A performance-based program designed to encourage recruitment, retention and economic growth through Colorado by supporting Colorado Economic Development Commission (EDC) approved businesses that have created and maintained permanent net new jobs for one year. Learn more.
Transferable Tax Credit program: This program allows companies that make major capital investments to transfer certain tax credits that are earned in the course of making that investment. Learn more.
Venture Capital Authority Funds: A program which makes seed and early-stage capital investments in eligible businesses via two Colorado Funds which are established with an independently operated fund manager. Learn more.