Business Funding and Incentives
The Business Funding and Incentives (BF&I) division works closely with the Global Business Development (GBD) division and the Colorado Economic Development Commission (EDC) to provide the funding and performance-based incentives needed to create and retain jobs in Colorado.
The division manages:
- grants
- tax credits
- debt and equity financing
- referrals to local, state, federal, and private financing options
- assistance with finding available programs that best fit business operations and goals
Programs and Funding
Advanced Industries Investment Tax Credit
Improves access to capital for Colorado’s early-stage advanced industries businesses by reducing investor risk
Enterprise Zone Program
Supports business expansion in economically distressed areas throughout the state through a variety of tax credits that help economic development
Just Transition Community Funding
The Office of Economic Development & International Trade (OEDIT) and the Office of Just Transition (OJT), within the Colorado Department of Labor & Employment, are partnering to make a new phase of grants available to Tier One & Tier Two Just Transition communities to support their economic and workforce development activities.
Rural Jump-Start Program
Provides relief to new businesses and employees when they locate in economically distressed areas of rural Colorado
Opportunity Zone Program
Provides federal tax incentives for investors of low-income urban and rural communities
Venture Capital Authority
Invests in early-stage startups headquartered in Colorado outside of the front range