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 a Enterprise Zone may qualify for up to ten Enterprise Zone Tax Credits and/or Incentives that encourage and reward job creation and investment. Please use the grey, left-hand navigation bar indented beneath "Enterprise Zone (EZ)" for links to other EZ resources (Tax Credits, State Map, EZ Administrator Contact Info, Enhanced Rural EZ, Contribution Projects, Public Records Law & Annual Reports). The table below contains links to the tax form and Department of Revenue FYI Publication for each Enterprise Zone tax credit.
Overview Table
| 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: |
|
-- |
-- |
| 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 |
For more information, please visit the Tax Credits page of our website, or click to download a 2009 Fact Sheet:
Senate Bill 09-234
Senate Bill 09-234 was signed into law in the FY2009 legislative session. This bill, created by the Joint Select Committee on Job Creation and Economic Growth, directs the Economic Development Commission with input from the Office of Economic Development and International Trade, to make recommendations to legislature by March 31, 2010, on 7 items affecting the Enterprise Zone in addition to anything else deemed necessary. View Senate Bill 09-234 below:
Enterprise Zone Regional Meetings
The Office of Economic Development and International Trade held several regional meetings to provide information on Enterprise Zone tax credits and to answer questions and take feedback on Senate Bill 09-234. If you missed one of the meetings in Denver, Durango, Fort Morgan, Grand Junction or Pueblo and would like to provide feedback on the Enterprise Zone program or on Senate Bill 09-234, we welcome your input. Feedback may be sent to Kevin Tilson via email at kevin.tilson@state.co.us.
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