Enterprise Zone Tax Credits
Areas of the City of Aurora have been designated by the state as enterprise zones to encourage investment and job creation. Companies located within earn credits against Colorado income tax liabilities for investment, job creation, employee benefits.
Job Growth Tax Incentive
The Job Growth Incentive Tax Credit is a performance-based job creation incentive program that provides a state income tax credit equal to 50 percent of the FICA paid by the business on the net job growth for each calendar year in the credit period.
Job Training Programs
The Colorado First and Existing Industry grants are jointly administered by OEDIT and the Colorado Community College System. The state may be able to provide specific support to retain jobs or offers business-friendly tools that assist in retaining jobs (such as the Enterprise Zone Program) for this grant.
Manufacturing Sales and Use Tax Exemption
Colorado encourages manufacturers to locate their manufacturing operations in Colorado recognizing their importance in Colorado's economy. Colorado provides an exemption from state sales and use tax on purchases of manufacturing machinery, machine tools and parts.
Sales tax exemption on components for product of energy from renewable energy sources
Components used in the production of electricity from a renewable energy source are exempt from state sales and use tax.
Advanced industry investment tax credit
Helps Colorado advanced industry companies receive capital from Colorado investors.