Business Funding and Incentives

Polis Administration Secures $100M+ Funding to Create and Retain 11,000 Jobs through the State Small Business Credit Initiative Grant

Today, Governor Polis, the Colorado Office of Economic Development and International Trade (OEDIT), Senators Bennet and Hickenlooper, and State Treasurer Dave Young announced that the U.S. Treasury Department has awarded the State of Colorado a State Small Business Credit Initiative (SSBCI) grant. This funding could result in more than $100 million over the next 5+ years to leverage ten times that amount in private financing to help Colorado’s small businesses access the capital they need to invest in their businesses and create new jobs across the state.

Polis Administration Secures Craft Brewing Company for New Northglenn Headquarters

The Polis Administration and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that Prost Brewing Company, a Colorado-based craft brewery, has selected the city of Northglenn for its new headquarters and expansion project, including a showcase production facility, distribution center and world-class biergarten.

Boost growth in your Enterprise Zone business with Colorado income tax credits

There’s no time like the present to plan ahead—especially on the heels of tax season. Whether your business experienced unexpected savings or what felt like some surprise bills, this is a great time to think ahead and be ready for next year. With good planning and OEDIT’s Enterprise Zone (EZ) Program, you can earn incentives that can help make your growth strategies a reality.

Seeking Feedback for High Level 2021 SSBCI Deployment Plan for the State of Colorado

On March 11, 2021, President Biden signed The American Rescue Plan Act, which provided $10 billion to the State Small Business Credit Initiative (SSBCI). SSBCI will fund state, territory, and Tribal government credit support and investment programs for small businesses. Colorado was allocated $76 million for these purposes.

$1.5m available to support Economic Development Organizations in Colorado

DENVER, CO – The Colorado Office of Economic Development and International Trade (OEDIT) and Economic Development Council of Colorado (EDCC) announces grants of $25,000 and $50,000 are available starting August 19 through the Economic Development Organization Recovery Grant to support organizational capacity for economic development organizations and bolster our economic recovery.