Business Funding and Incentives
The Business Funding and Incentives (BF&I) division works closely with the Global Business Development (GBD) division and the Colorado Economic Development Commission (EDC) to provide the funding and performance-based incentives needed to create and retain jobs in Colorado.
The division manages:
- tax credits
- debt and equity financing
- referrals to local, state, federal, and private financing options
- assistance with finding available programs that best fit business operations and goals
Programs and Funding
Advanced Industries Investment Tax Credit
Improves access to capital for Colorado’s early-stage advanced industries businesses by reducing investor risk
Enterprise Zone Program
Supports business expansion in economically distressed areas throughout the state through a variety of tax credits that help economic development
Rural Jump-Start Program
Provides relief to new businesses and employees when they locate in economically distressed areas of rural Colorado
Opportunity Zone Program
Provides federal tax incentives for investors of low-income urban and rural communities
Venture Capital Authority
Invests in early-stage startups headquartered in Colorado outside of the front range
Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) creates a positive business climate that encourages dynamic economic development and sustainable job growth. We advance the state’s economy through financial and technical programs under the leadership of the Governor and Executive Director.
We work hard to grow a resilient economy where everyone not only gets by, but thrives. Our agency consists of 12 divisions and offices that support various industries, regions, and sectors.
Our name is long, so we call ourselves OEDIT (pronounced oh-eh-dit).
Our mission is to achieve and sustain a healthy Colorado economy that works for everyone and protects what makes Colorado the best state in the country to live, work, start a business, raise a family, and retire.
2021-22 Wildly Important Goals
Provide Access to Capital for Small Businesses
Promote entrepreneurship and boost economic growth statewide by launching and implementing new programs that increase access to capital for small businesses from $0 to $84,077,800 by June 30, 2022.
Attract and Retain Rural Jobs
Support rural communities in attracting and retaining jobs from 0 to 5,000 jobs by June 30, 2022.