Enterprise Zone Contribution Projects

Enterprise Zone Contribution Projects

The goal of Enterprise Zone projects is to create or preserve an environment that will help attract, expand or retain employers in the Enterprise Zone. To encourage Colorado taxpayers to make contributions to non-profits that make improvements to the Pikes Peak Enterprise Zone, a State Income Tax Credit equal to 25% of monetary contributions is available.

Eligible EZ Contribution Project Categories:

Capital Campaign Projects:
Community Facility
Workforce Housing
Tourist Attraction
Infrastructure

Operations Projects:
Business Assistance
Economic Development Organizations
Job Training Programs
Visitor Event/Attraction
Homeless Housing and Employment Services

Pikes Peak Enterprise Zone Economic Development Goals:

• Support business opportunities – and increase the number of out-of-area visitors to EZ contribution projects – that promote the region’s heritage, unique cultures, scenic beauty, wildlife, arts, sporting activities, and other tourism opportunities.
• Support and encourage increased employment opportunities by partnering with economic development focused agencies and businesses in marketing, recruitment, and training efforts, resulting in new or increased job opportunities within the EZ.
• In partnership with community stakeholders, support the revitalization of existing business districts through rehabilitation and business expansion.
• Support Workforce Housing Capital Campaigns and Homeless Housing and Employment Services Operations, promoting a variety of housing and job opportunities in the region, resulting in an increase of successful housing outcomes and job placements.

Important Note: Due to the current COVID-19 crisis and the associated State budget cuts, many of Colorado Office of Economic Development and International Trade’s (OEDIT) programs are being scaled back, including the Enterprise Zone (EZ) Program.

The State Economic Development Commission (EDC) is now using a stricter lens to evaluate all new EZ Contribution Project applications, and applicants must be able to clearly demonstrate direct impact on economic prosperity in the region.

For questions or concerns, please contact the Pikes Peak EZ Administrator: Sara Lobato via email at saralobato@elpasoco.com

Approved Pikes Peak EZ Contribution Projects:

The Colorado Economic Development Commission and the El Paso County Enterprise Zone Administrator have approved the following list of projects that assist in implementing the economic development goals of the Enterprise Zone. Both businesses and individuals can take advantage of the tax credit. If the donation and recipient are eligible under federal rules, the federal charitable contribution deduction can be taken, and no credits are allowed for contributions that directly benefit the contributor.

Catholic Charities of Central Colorado – Homeless Support: Marian House and Family Connections Campuses (719) 866-6440

Chamber Orchestra of the Springs (719) 633-6349

Colorado Springs Chamber of Commerce and EDC (719) 471-8183

Colorado Springs Conservatory (719) 577-4556

Colorado Springs Fine Arts Center (719) 477-4319

Colorado Springs Philharmonic (719) 575-9632

Colorado Springs Pioneers Museum – Museum Restoration (719) 385-5633

Colorado Springs Sports Corporation (719) 634-7333

Colorado Springs Teen Court (719) 475-7815

Community Ventures Public Benefit Programs (719) 886-0088

COPPeR (719) 634-2204

Cottonwood Artists’ School (719) 520-1899

Crossfire Ministries, Inc. (719) 447-1806

Discover Goodwill of Southern and Western Colorado (719) 381-9489

Downtown Partnership of Colorado Springs (719) 886-0088

El Paso County Fairgrounds (719) 520-6996

Exponential Impact

Greccio Housing: Workforce Housing (719) 475-1422

Homeward Pikes Peak (719) 955-0731

Manitou Springs Heritage Center (719) 418-3736

Mary’s Home (719) 247-2007

Mary’s Home Extreme Dream Capital Campaign

Mary’s Home Capital Campaign: Phase 3 – Independent Living

Mt. Carmel Veterans Service Center (719) 575-705

National Cybersecurity Center (719) 255-5225

Olympic City USA (719) 385-5484

Partners in Housing: Homeless Family Self-Sufficiency Program (719) 325-5835

Peak Vista Community Health Centers (719) 344-6605

Pikes Peak America’s Mountain – Summit Complex (719) 385-7705

Pikes Peak Community College Campus Expansion & Workforce Development Initiative (719) 502-2056

Pikes Peak Habitat for Humanity (719) 475-7800

Pikes Peak Hospice Inpatient Unit at Penrose Hospital (719) 633-3400

Pikes Peak Library District Foundation (719) 531-6333

Pikes Peak or Bust Rodeo Foundation – Norris-Penrose Event Center Capital Project

Pikes Peak Trolley Museum and Restoration Shop (719) 475-9508

Pikes Peak United Way 2-1-1 Information and Referral (719) 457-1317

PILLAR Institute for Lifelong Learning (719) 633-4991

Rocky Mountain Community Land Trust (719) 447-930

Springs Rescue Mission – Homeless (719) 632-1822

Springs Rescue Mission – Capital Campaign – Campus Expansion (719) 632-1822

The Salvation Army: Homeless Shelter and Transitional Housing (719) 884-1052

The Space Foundation (719) 576-8000

UCCS Main Campus Capital Project – Lane Center & ENT Center (719) 262-3000

UCCS Main Campus Capital Project – William J. Hybl Sports Medicine and Performance Center (719) 262-3000

The Place: Youth Exiting Homelessness to Live Self-Determined, Fulfilled Lives (719) 630-3223

US Olympic Museum (719) 358-6325

Westside CARES (719) 389-0759

Working Fusion at Mill Street Capital Campaign (719) 232-1252

Working Fusion at Mill Street (719) 232-1252

Contact us:

Sara Lobato
Economic Development Senior Analyst
Pikes Peak Enterprise Zone Administrator
9 E. Vermijo Ave.
Colorado Springs, CO 80903
Phone: 719-520-6480
saralobato@elpasoco.com