Business Funding and Incentives

SAGUACHE — The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade (OEDIT) announced today that Saguache County has been designated as a Rural Jump-Start Zone. This designation is intended to encourage economic development and job creation by offering new businesses or businesses that move to these zones significant financial benefits.

The following projects were approved at the February 2025 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentive requiring approval for these kinds of projects is:

Job Growth Incentive Tax Credit

How the CLIMBER loan program promotes small business resiliency by increasing access to funding

VeroTouch Unveils First Homes 3D Printed in Colorado

DENVER – Today, Governor Polis and the Business Funding & Incentives division of the Colorado Office of Economic Development and International Trade (OEDIT) announced two new recipients of the Innovative Housing Incentive Program (IHIP) grant to support the development of the off-site construction industry and create more housing at a lower cost across the state: Higher P

BOULDER - Today, Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) joined members of Elevate Quantum, CU Boulder, Colorado State University, and Colorado School of Mines to celebrate the ribbon cutting of a new 13,000-square-foot facility in East-Boulder. Office space for growing quantum companies and state-of-the-art scientific equipment will give these entities a physical space to transform ideas for quantum technologies into products that will benefit consumers in Colorado and beyond.

14 Ways OEDIT has Supported Coloradans

Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced that Safran Defense & Space, Inc. (Safran DSI), the U.S. subsidiary of global aerospace leader Safran, has selected Colorado for expansion. In Colorado, Safran will support the growth of the North American small satellite market, which is expected to reach more than $5 billion by 2030.

The following projects were approved at the November 2024 Colorado Economic Development Commission meeting. The Colorado Economic Development Commission (EDC) develops incentive packages to assist with existing business expansions and new company relocations to grow jobs in all regions of the state. They typically meet on the third Thursday of every month.

The incentives requiring approval for these kind of projects are:

CHIPS Refundable Tax Credit