Location Neutral Employment (LONE) Program

Location Neutral Employment (LONE) Program

The performance-based Location Neutral Employment (LONE), formerly Remote Rural Work, incentive provides a standard Job Growth Incentive Tax Credit for urban/rural job creation with an additional Strategic Fund cash incentive for each remote rural job created in an eligible rural county. The Location Neutral Employment incentive provides a state income tax credit and a per job cash grant to businesses undertaking job creation projects that would not occur in Colorado without this program.

Requirements

Businesses need to create at least 20 new jobs in Colorado, with an average yearly wage of at least 100% of the county’s average annual wage rate where the business’ urban core employment base is located. To receive the Strategic Fund layer, the business must create at least one net new rural remote job in an eligible rural county. Remote rural workers must work remotely at least three days per week to be considered remote, and all new jobs for both the cash incentive and the tax credit portion of a Location Neutral Employment incentive must be maintained for at least one year to qualify. Eligible remote rural worker counties are based on the Rural JumpStart program’s eligibility criteria, and those counties can be seen on the below Location Neutral Employment Program Map. Additional areas that are eligible include lands within the boundaries of the Ute Mountain Ute and Southern Ute Reservations.

Process

Businesses interested in requesting a Location Neutral Employment incentive commitment should work with the OEDIT Global Business Development team at [email protected] or call 303-892-3840 and/or talk to your local economic development representatives to determine eligibility.

For more information on Location Neutral Employment Program, see the following:

Location Neutral Employment Program Fact Sheet

Location Neutral Employment Program Map

Informational Webinar

We held an informational webinar on the program to help answer questions that Colorado communities and local partners may have.

Community Marketing Grants

Rural communities may also apply for up to $5,000 in Location Neutral Employment Program marketing funds to help attract companies to locate remote rural workers in their community. Please note that regional applications need to designate a lead county in the application portal.  To apply for a marketing grant for your community, please follow the instructions below:

  1. Download and sign the LONE Code of Ethics & Principles of Engagement to be submitted with your application.
  2. Download and fill out this sample budget spreadsheet to be submitted with your application.
  3. Visit the grants portal through the Department of Local Affairs (DOLA).
  4. Login to your current account or create a new account.
  5. At the Grants Portal main page, click on Applications, and then click Apply for New Funding Opportunities.
  6. Click on REDI, click the black down arrow, scroll down to the bottom and click the blue Apply button next to the LONE Rural Economic Development Initiative.
  7. Fill out the application and submit.
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us