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1667 Cole Boulevard, Suite 400
Golden, CO 80401
p 303.202.2965 • f 303.202.2967
Enterprise Zone

The Colorado Enterprise Zone Program encourages job creation and capital investment in economically depressed areas by providing tax credits to businesses and projects to promote and encourage economic development activities. The program was created in 1986 and is based on areas in Colorado that have high unemployment rates and low per capita income.


Beginning January 1, 2012, businesses must receive pre-certification approval each year, before applying for tax credits. To get your business pre-certified, please click here. After pre-certification has been approved, businesses may begin applying for tax credits. Recent legislation requires that all forms be submitted online, which can be found here.

Legislation was passed in 2013 that requires areas to be reviewed against current eligibility data to determine eligibility for EZ status. In 2014, a statewide review process began to evaluate all areas in the zone.

Over the last couple of months, Jeffco EDC worked in collaboration with local economic development partners, to research areas that met statutory eligibility criteria and submit a county-wide application. The criteria to be considered for incorporation was based on one of three qualifications; high unemployment rate, low per capita income, or slow population growth. Jefferson County's re-designation application was approved at the August Economic Development Commission meeting.

These new strategic zones in the county will be effective January, 1 2016. Jeffco EDC serves as the Enterprise Zone Administrator for Jefferson County, managing and marketing the program for the county. Jeffco EDC, in partnership with our economic development partners, will be contacting businesses new to the EZ and educate them about the benefits of the program. Additionally, we will contact businesses that are no longer in an EZ and provide information on the grandfathering process.

To see if your business is located in the new Enterprise Zone (effective 1/1/2016), please click here. For more information, please contact Jeffco EDC at 303.202.2965.

Overview
Below is a brief overview of the EZ tax credits

TAX CREDIT
CREDIT AMOUNT
FORM
FYI
Investment Tax Credit (ITC) 3% of equipment purchases DR0074 FYI Income 11
Job Training Tax Credit 12% of qualified training expenses DR0074 FYI Income 31
New Jobs Credit $1,100/new job DR0074 FYI Income 10
Ag Processing Jobs Credit $1,000/job DR0074 FYI Income 10
Health Insurance Credit $1,000 x 2 years/employee 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 sales & use 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
Commercial Vehicle Investment Tax Credit 1.5% of commercial vehicle purchases CVITC FYI Income 11
*EZ Contribution Project will provide contributor w/ the DR0075 form.

Supported by the Enterprise Zone Marketing Grant.
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