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 19 Enterprise Zones and sub-zones in Colorado. Businesses located in a zone may qualify for ten different Enterprise Zone Tax Credits and Incentives to encourage job creation and investment in these zones. The table below contains links to the tax form and Department of Revenue FYI Publication for each Enterprise Zone tax credit.
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 is req'd for these 3 credits | DR0074 | FYI Income 10 |
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 2008 Fact Sheet:
For more information:
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