Provided by: OEDIT | Type: Tax Credit

This is Colorado's main incentive for corporate relocation and expansion. It provides a state income tax credit equal to 50% of the FICA (Social Security/Medicare) taxes paid by the employer on net new jobs. The incentive period lasts for 8 years, making it highly valuable for long-term growth.

Provided by: OEDIT | Type: Grant

The AI Grant is the "holy grail" for Colorado tech startups. It provides non-dilutive capital to help early-stage companies commercialize technologies. There are three types: Proof of Concept ($15k), Early Stage Capital ($250k), and Infrastructure ($500k+). Winning provides huge validation.

Provided by: OEDIT | Type: Grant

This is the cash alternative to the JGITC. If a company doesn't have enough tax liability to use tax credits, they can opt for this cash grant instead. It pays a fixed amount per new job created over a 5-year period. It requires a 1:1 local match from the city/county.