Employee Ownership Tax Credit to Establish or to Expand
Colorado Office of Economic Development and International Trade
Who can apply
Business
About this opportunity
The information contained on this page is applicable for new employee ownership conversions (companies without employee ownership plans prior to application date) occurring on after August 7, 2023 (per CRS 39-22-542). Pursuant to C.R.S. § 39-22-542(6), OEDIT has the sole authority to determine eligibility through any stage of the EOTC program process, including but not limited to reviewing applications, assessing completeness, verifying business and employee-owned business qualifications, determining cost eligibility, and reserving and issuing tax credit certificates. The Employee Ownership Tax Credit to Establish or to Expand is available to current Colorado-headquartered businesses and their employees to provide an incentive to establish or expand eligible employee ownership structures: ...