Colorado Office of Economic Development and International Trade

CD
Colorado Department of Labor and Employment Apprenticeship
Colorado

Program SummaryThe Opportunity Now Tax Credit, enacted by House Bill 24-1365, supports talent development in advanced industry, such as advanced manufacturing, clean energy, construction, infrastructure and semiconductor industries. This refundable tax credit provides financia...

Overview

The Business Funding and Incentives (BF&I) division works closely with the Global Business Development (GBD) division and the Colorado Economic Development Commission (EDC) to provide the funding and performance-based incentives needed to create and retain jobs in Colorado. Advanced Industries Investment Tax Credit: Improves access to capital for Colorado’s early-stage advanced industries businesses by reducing investor risk. Cash Collateral Support: The Cash Collateral Support program helps small and medium-sized businesses in Colorado access loans that they would otherwise not get because they do not have enough collateral. This credit enhancement uses small amounts of public resources to encourage private lenders to loan money to businesses.

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