You know that Colorado is a great place to live and do business as a small business or start-up. That’s why we’ve created these tax incentives and funding programs to help give you the edge you need to succeed.
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.
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.
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 – 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.
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-DR – Disaster Technical Assistance: A funding program for Small Business Development Centers (SBDCs) or other qualified providers who support training and technical assistance relating to disaster recovery preparedness and resiliency.
Colorado FIRST: A customized job training program that focuses on companies relocating to or expanding in Colorado and provides funds only to net new hires. Learn more.
EZ – Vacant Building Rehab: A program that encourages the rehabilitation for commercial use of buildings that are at least 20 years old and vacant for at least 2 years, by providing a 25 percent tax credit on the hard costs of rehabilitation up to $50,000. Learn more.
Job Growth Investment Tax Credit: A performance-based program for businesses pursuing job creation projects that would not occur in Colorado without this support. 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.
Rural Jump Start: A program for eligible new businesses and new hires that relocate to Jump-Start Zones. 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.
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.
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.
Advanced Industries 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.
Advanced Industries 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.
Advanced Industries 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.
Advanced Industries 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.
Advanced Industries 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.
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.