Opportunity Now Tax Credits
Colorado Office of Economic Development and International Trade
Who can apply
Business, Nonprofit, Academic
About this opportunity
The Opportunity Now Tax Credit, enacted by House Bill 24-1365, supports talent development in the advanced manufacturing, clean energy, construction, infrastructure and semiconductor industries This refundable tax credit provides financial assistance for capital, including facility and/or equipment acquisition costs associated with training programs designed to alleviate industry talent shortages. Tax credits may be claimed once the qualified asset is placed into service. The total amount of tax credits approved by the Selection Committee is up to 50% of the estimated qualified asset, and the total amount of certificates available is up to $15 million per year. Tax credit certificates may be issued between January 1, 2026 through January 1, 2033. Those awarded a certificate must submit an ...