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Tax CreditColoradoActiveVerified

Colorado Job Growth Incentive Tax Credit

Colorado Office of Economic Development and International Trade (OEDIT)CO-JGITC
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Colorado

About This Program

Refundable income tax credits for Colorado companies creating 20+ net new jobs at wages 110% of the county average. Credit equals 50% of FICA taxes paid by the employer on qualifying new employees for up to 7 years, supporting competitive business location decisions.

Key Requirements & Eligibility

  • 1Minimum 20 new full-time jobs within 24 months
  • 2Wages: at least 110% of county average annual wage
  • 3Must represent a new or expanding facility (not relocation of existing CO jobs)
  • 4Credit: 50% of employer FICA taxes on qualifying new employees
  • 57-year benefit period; apply before project begins

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

TechnologyManufacturingHealthcareFinancial Services
Official Source