Colorado Enterprise Zone Program

Colorado’s Enterprise Zone (EZ) program provides a variety of state tax incentives to encourage businesses to locate or expand in designated economically distressed areas of the state, including select Weld County communities and locations.

Companies that locate or expand within the physical boundaries of the EZ are eligible to earn a variety of state income tax credits based on each company’s specific activities primarily related to equipment investment, job creation/training, research, and development activities.

Upstate also certifies EZ tax credits for individual/business contributions to approved non-profit agencies and/or projects that play a role in implementing the economic development plan for the zone.

Annual Pre-Certification Required

Colorado has an online EZ pre-certification and certification process, which can be accessed by going to www.choosecolorado.com/ez. Businesses MUST obtain pre-certification each year prior to engaging in an activity for which they intend to earn a credit. Without this pre-certification, the business will not be able to claim EZ tax credits even if located within the EZ boundaries. Companies can pre-certify up to 3 months prior to the start of the upcoming tax year.

Colorado Enterprise Zones Information

For more information regarding Enterprise Zones in the State of Colorado and to file a pre-certification or certification form, visit Choose Colorado.

Visit Choose Colorado

EZ State Income Tax Credit Summary

Investment Tax Credit 3% of Eligible Equipment Purchases
Commercial Vehicle Investment Tax Credit 1.5% of Eligible Commercial Vehicle Purchases
Jobs Tax Credit $1,100 per Eligible New Job Created
Job Training Tax Credit 12% of Qualified Training Expenses
Ag Processing Jobs Credit $500 add’l per Eligible New Job Created
Health Insurance Credit $1,000 add’l per Eligible New Job created first two years
R&D Increase Tax Credit 3% of Increased R&D Expenditures
Vacant Building Rehabilitation Tax Credit 25% of Rehab Expenditures (hard costs)
Manufacturing & Mining Sales/Use Tax  Expanded S&U Tax Exemption in EZ
Approved Contribution Projects 25% of cash contribution /12.5% of approved in-kind contribution

Updated Weld EZ Boundary Effective 1/1/2016

To determine if a specific location is located within the Weld County EZ, see attached Weld map or contact the Upstate office. An in-depth boundary recertification process was completed in 2015, and new state-approved EZ boundaries went into effect January 1, 2016.

For program questions or assistance, contact:

Cathy Schulte
Senior Vice President & EZ Administrator
970-356-4565
cschulte@upstatecolorado.org