The Colorado Enterprise Zone (EZ) Program was created by the Colorado Legislature (C.R.S. Title 39, Article 30) to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in – and nonprofit organizations to assist with the needs of – these communities.
Enterprise Zone (EZ) Program Overview
Taxpayers investing in Enterprise Zones can earn a Colorado income tax credit by planning and executing specific economic development activities. Only taxpayers engaged in business activities that are legal under both state and federal law are eligible to claim EZ income tax credits.
Enterprise Zone Income Tax Credits & Additional Incentives
3% Investment Tax Credit
1.5% Commercial Vehicle Tax Credit
12% Job Training Tax Credit
$1,100 New Employee Tax Credit
$500 Agricultural Processor New Employee Tax Credit
$1,000 Employer-Sponsored Health Insurance Tax Credit
3% Research & Development Tax Credit
25% Vacant Commercial Building Rehabilitation Tax Credit
Expanded Manufacturing & Mining Sales & Use Exemption
Contribution Tax Credit
Enterprise Zone Applications and Resources
Informational Resources
Contact Us
Sara Lobato
Economic Development Analyst
9 E. Vermijo Ave.
Colorado Springs, CO 80903
719-520-6480
saralobato@elpasoco.com