Enterprise Zone Program
Colorado Office of Economic Development and International Trade
Who can apply
Business, Nonprofit, Government, Public Agency
About this opportunity
The Colorado legislature created the Enterprise Zone (EZ) Program to encourage development in economically distressed areas of the state. The 16 designated enterprise zones have high unemployment rates, low per capita income, or slow population growth. Local enterprise zone administrators manage their respective enterprise zones. In designated enterprise zones: Businesses are eligible for state income tax credits and sales and use tax exemptions for specific business investments. Local governments and nonprofits can set up contribution projects to achieve economic development goals. Taxpayers who contribute to enterprise zone projects may earn income tax credits. Enterprise zone areas within rural counties that meet additional economic distress criteria receive enhanced rural enterprise zo...