Colorado offers key incentive for companies to employ remote workforce

Companies looking to move or expand to Colorado can now take advantage of a new cash incentive offered by the Colorado Office of Economic Development and International Trade (OEDIT). 

The Location Neutral Employment (LONE) incentive provides an incremental cash incentive of up to $6,500 per remote employee per year for up to five years to companies that hire new employees in designated rural areas of the state.