JGITC – Higher Education Partnership (HEP)

JGITC – Higher Education Partnership (HEP)

This program is no longer active.

The performance-based JGITC Higher Education Partnership (HEP) provides a state income tax credit to businesses partnering with State Higher Education Institutions (HEI) to support job growth, academic development and economic expansion.

Requirements

Businesses need to create at least 5 new jobs in Colorado, with an average yearly wage of at least 100% of the state average wage rate.  Furthermore, companies must have a written and signed Qualified Partnership Agreement with an HEI.  All new jobs must be maintained for at least one year after the positions are hired to qualify.

 

For more information, please review House Bill SB 15-1366.

Katie Woslager Senior Manager - Advanced Industries 303-892-8760 katie.woslager@state.co.us