Cost of Energy
You will find Colorado energy prices are consistently below the national average cost according to the U.S. Energy Information Administration.
We welcome the opportunity to discuss in greater detail your specific needs and requirements.
October 31, 2014 – SBDC announces first round of Economic Gardening program participants
July 10, 2014 – Colorado Impact Fund Provides Greater Access to Capital
- Colorado Office of Economic Development and International Trade (OEDIT)
- Pueblo Economic Development Corporation (PEDCO)
- PEDCO is a private, not-for-profit organization dedicated to the promotion of the Pueblo area to businesses and industries considering a new location or expansion.
- Southern Colorado Economic Development District (SCEDD)
- SCEDD is a not-for-profit organization that serves the 13 counties of southeastern Colorado. In addition to providing community support, SCEDD houses the “Business Lending Center” which helps businesses build and expand by packaging SBA 504 loans in partnership with the U.S. Small Business Administration.
- Fremont Economic Development Corporation (FEDC)
- Upper Arkansas Area Council of Governments
- Southern Colorado Small Business Development Center
- Crowley County Chamber of Commerce
- Douglas County Business Alliance (DCBA)
- Parker Authority for Reinvestment
- The Borderplex Alliance
- Colorado Springs Regional Business Alliance
- Tri-Lakes Economic Development Corporation
- Burlington Colorado Economic Development
- State Business Incentives and Assistance
- Colorado offers a number of incentives and financial assistance programs to assist qualifying entrepreneurs and businesses in locating, expanding or modernizing their facility in the state. Assistance is flexible to meet the specific needs of a business to mitigate the costs associated with their growth opportunity. Included may be direct financial assistance, tax credits, tax exemptions, refunds and/or employee training.
- You can also utilize the Colorado Office of Economic Development and International Trade’s Funding and Incentives Wizard and answer a few simple questions to learn about funding and incentive opportunities that may be available to you in Colorado.
Colorado offers numerous tax incentives and funding programs, including debt and equity financing, funding provided to banks to encourage lending, cash incentives, grants, and tax credits. For a full list see the Colorado Business Financial Assistance Options on the Colorado Office of Economic Development and International Trade (OEDIT) website.
Pueblo Economic Development Corporation Incentive Summary
Of special note are the unique and innovative incentive programs available only in Pueblo Colorado.
- Half-cent sales tax - In 1984, in an effort to bring primary jobs to the city the citizens approved a half-cent sales tax on themselves to create a fund used attract new businesses. Every five years since then the citizens of Pueblo have continued to support extend the half-cent sales tax measure.
- Sales and Use Tax Capital Improvement Projects Fund – Companies whose projects meet certain criteria (as provided for in City Ordinance No.6381) may be eligible for various incentives.
- Pueblo Primary Job Training program – Companies who require customized pre-employment training of primary and/or customized training of primary job workers may be eligible for this program. For more information about these programs see Pueblo Economic Development Corporation (PEDCO) website.
Colorado is nationally recognized for its low cost of doing business, business friendly climate and low taxes. According to Forbes Magazine Colorado is in the top 10 for "Most Tax Friendly States.” The State of Colorado offers a competitive tax structure that rewards investments and business innovation to meet the needs of all types of businesses.
For more detailed information on specific taxes (corporate income tax, unitary taxation, personal property tax and inventory and sales/use tax) visit Colorado Office of Economic Development and International Trade (OEDIT) website
Colorado can claim one of the nation’s most educated, technically savvy workforces in its many industries. World-class educational programs, research facilities and a state commitment to supporting customized job training programs assure that our workforce will remain competitive. Combined with our training incentives and excellent post educational institutions, Colorado's workforce provides a profitable advantage to businesses located in the state.