In El Paso County, Colorado, we take a holistic approach to economic development. Our office is uniquely tasked with serving an ever-growing region with ever-changing needs. We navigate our dynamic economic landscape with a focused approach, by offering diverse incentives for businesses and leveraging federal and state resources for housing and community development. Our goal is to assist in creating a robust, diversified, economic ecosystem. To learn more about our work, view the sections below.
Location:
Economic Development Department
9 E. Vermijo Ave
Colorado Springs, CO 80903
OUR PROGRAMS
Visit our Business Incentives page to explore business loans, tax credits, and financing opportunities for small and large businesses in the Pikes Peak Region.
Visit our Community Initiatives page to learn about federal grants, contribution projects, and private activity bond programs which benefit El Paso County residents, nonprofits, and local organizations.
Visit our Housing page for information about affordable housing, financial assistance, and resources that support local homeowners and developers.
Upcoming Events
Small Business Resources Event
Please join us for this free event to learn about Enterprise Zone State Income Tax Credits and the Business Loan Fund program. Guest speakers from the Pikes Peak Workforce Center and the Pikes Peak Small Business Development Center will share resources as well.
Thursday, June 27, 2024
2:00-3:30 pm
El Paso County Fairgrounds – Swink Hall
366 10th Street
Calhan, CO 80808
Event Highlights
El Paso County Small Business Resources Event
On May 29, 2024, Economic Development hosted a free event at Fountain City Hall for small business owners in El Paso County.
Sara Lobato and Katie Plutz presented the Pikes Peak Enterprise Zone and Business Loan Fund programs on behalf of the County. Partners from the Pikes Peak Workforce Center and Pikes Peak Small Business Development Center provided vital resources to support business owners and job seekers.
Special thanks to our community partners and local small businesses who enrich our region!
Monument Community Outreach Event
On May 16, 2024, Economic Development hosted a free event at the Monument Library to highlight community projects and affordable housing resources.
Randi Davis and Luke Houser presented the Community Development Block Grant (CDBG) and Affordable Housing programs on behalf of the County. Representatives from Tri-Lakes Cares shared how their programs support community and housing needs.
Special thanks to Tri-Lakes Cares and the Monument Library for their collaborative partnership!
Our Work in Action
Preview the featured program highlights from 2024.
Small businesses and startups in El Paso County may be eligible for $5,000 to $50,000 in loan funding. Local businesses received over $111,000 in 2023.
The Community Development Block Grant program provides infrastructure improvements and removes accessibility barriers for El Paso County residents.
In 2024, Bentley Commons will add 192 new affordable housing units including 25 units set aside for Veterans.
Department Accomplishments
Read the infographics below to learn about the positive impact of our programs in 2023.
Helping local businesses and organizations thrive through diverse incentive programs and a business-friendly environment.
Benefitting local residents, nonprofits, and organizations through federal grants, contribution projects, and nonprofit private activity bonds.
Supporting local housing initiatives through EPCHA housing trust funds, private activity bonds, and down payment assistance.
