State & Local Incentives
Built for Business
Denver South’s pro-business environment, regulatory environment, and competitive tax structure foster a favorable business climate. We welcome the opportunity to work with new and expanding businesses in our region. Our team works closely with the Colorado Office of Economic Development & International Trade (OEDIT), the Metro Denver Economic Development Corporation, and local government to promote economic growth and advocate for your businesses throughout the incentive process. Here are some of the state and local business incentive programs we can help you pursue:
Colorado State Business Incentives
New and expanding businesses in Denver South may be eligible for Colorado-based business incentive programs which include performance-based tax credits and grants for customized job training.
Job Growth Incentive Tax Credit is a performance-based job creation incentive program which provides state income tax credit to new and expanding businesses undertaking job creation projects.
Strategic Fund Incentive is a performance-based program designed to encourage recruitment, retention, and economic growth by supporting businesses that have created and maintained permanent net new jobs for one year.
Skill Advance Colorado and Advanced Industries Accelerator Programs provide grants to new and existing companies by reimbursing costs associated with job training.
Local Business Incentives
New and expanding businesses in the Denver South region may be eligible for local business incentives which are considered on a case-by-case basis. Contact us for additional information.
Business Personal Property Tax Rebate
The program allows for rebates of up to 100% of the County’s portion of business personal property taxes for new and expanding businesses. Rebates are considered on a case-by-case basis and require approval by the Board of County Commissioners (Arapahoe or Douglas).
Local Tax Abatements
Local jurisdictions may consider waiving or rebating local sales/use taxes for construction materials, personal property, and manufacturing equipment.
Waiver of Permit Fees
Local jurisdictions may consider waiving all or part of various permit fees.
Workforce and Customized Employment Services
Available to employers and job seekers through the Arapahoe/Douglas Works! Workforce Center and include:
- Timely and accurate labor market information
- Customized staffing services (recruitment, screening, assessments)
- Hiring events
Commuter Planning Services
Denver South provides commuter assistance to both employers and employees by analyzing multi-modal travel options for each individual worksite inclusive of all modes of travel including train, bike, carpool pedestrian access at no cost.
Becky Nelson
Director of Partner Engagement