Colorado Office of Economic Development and International Trade

Enterprise Zone (EZ)

Colorado's Enterprise Zone program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state. There are 16 Enterprise Zones and 2 sub-zones in Colorado. Businesses located in an Enterprise Zone may qualify for up to nine Enterprise Zone Tax Credits that encourage job creation and investment in the Enterprise Zone.  Local jurisdictions may have additional incentive opportunities in the Enterprise Zone.  Please use the grey, left-hand navigation bar indented beneath "Enterprise Zone (EZ)" for links to other EZ resources (Tax CreditsState MapEZ Administrator Contact InfoEnhanced Rural EZContribution ProjectsPublic Records Law & Annual Reports). 

For more information on legislative changes, please visit the EZ Legislation web page.

Overview Table
Please use the links provided in the table below to access the Department of Revenue tax form and FYI Publication for each tax credit. If claiming Enteprise Zone tax credits it is recommended that you review the Enterprise Zone FYI Publications available from the Department of Revenue.

TAX CREDIT CREDIT AMOUNT FORM FYI
Investment Tax Credit 3% of equipment purchases DR0074 FYI Income 11
Job Training Tax Credit 10% of qualified training expenses DR0074 FYI Income 31
New Business Facility (NBF) Tax Credits:
NBF status req'd for these 3 credits
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        Jobs Credit $500 per new job DR0074 FYI Income 10
        Ag Processing Jobs Credit $1,000 total per new a.p. job DR0074 FYI Income 10
        Health Insurance Credit $200 x 2 years per new h.i. job DR0074 FYI Income 10
R&D Increase Tax Credit 3% of increased R&D expenditures DR0077 FYI Income 22
Vacant Building Rehabilitation Tax Credit 25% of rehabilitation expenditures DR0076 FYI Income 24
Manufacturing / Mining Sales and Use Tax Expanded S&U tax exemption in EZ DR1191 FYI Sales 10 & FYI Sales 69
Contributions to Enterprise Zone Projects 25% cash / 12.5% in-kind of donation DR0075* FYI Income 23
Local Incentives Increased incentives in some EZ areas N/A N/A

*EZ Contribution Project will provide contributor w/ the DR0075 form.

For more information, please visit the Tax Credits page of our website, or click to download a 2010 Fact Sheet:

 


 

For more information on the Enterprise Zone, please contact:
Kevin Tilson
Enterprise Zone Program Manager
Office of Economic Development & International Trade
kevin.tilson@state.co.us  / (303) 892-3840

Secondary contact:
Sonya Guram
Bioscience Program Manager
Office of Economic Development & International Trade
sonya.guram@state.co.us  / (303) 892-3840