Business Incentives

Several financing alternatives are available for businesses seeking to expand or relocate to Northern Colorado. Because of the fluctuating nature of financial programs, this section does not deal with all possible approaches to business financing. The Northern Colorado Economic Development Corporation will work with individual firms, as needed, to locate resources and/or to assist development of a financial package.

Training
Colorado FIRST and Existing Industry Customized Job Training Programs are designed to keep Colorado’s workforce highly skilled and productive; and to assist businesses with specialized employee requirements. They are cost-free programs works closely with the community colleges and vocational schools to provide industrial training aids, instruction facilities, and equipment. For more information, contact the Northern Colorado Economic Development Corporation or the Colorado Office of Economic Development, 1625 Broadway, Suite 1710, Denver, CO 80202. Phone (970) 248-7343 or visit their website at http://www.state.co.us/oed/index.cfm

Enterprise Zones - Benefits and Tax Credits
Colorado's Urban and Rural Enterprise Zone Act of 1986 established a program for the designation of state enterprise zones. The enterprise zone program provides various incentives for private enterprise to expand and for new businesses to locate in economically distressed areas of the state. The Economic Development Commission (EDC) designates certain economically distressed areas of the state as Enterprise Zones. There are currently 16 local Enterprise Zones in Colorado. Businesses located in a zone may qualify for ten (10) different Enterprise Zone Tax Credits and Incentives to encourage job creation and investment in these zones.

To determine if a specific address is within a zone and for more information regarding state enterprise zone tax credits, click on the link below, contact the Colorado Department of Revenue, (303) 238-SERV (7378), or contact the Larimer County Enterprise Zone Administrator:

Lew Wymisner,
Enterprise Zone Administrator
Larimer County Workforce Center
200 W Oak St, #5000
Fort Collins, CO 80522
970-498-6605; FAX 970-498-6673
email: LWymisner@larimer.org
Website: http://www.larimerworkforce.org/Larimer County Enterprise Zone EZ Facts (requires adobe acrobat reader)