Incentives
OPPORTUNITY ZONE
The Opportunity Zone was enacted as part of the Tax Cuts and Jobs Act of 2017 and was created to promote investment in companies, programs, and properties that are located in certain designated areas called Opportunity Zones. Any taxpayer can defer capital gains taxes on the sale of stocks, business assets, or property by investing in certain qualified investment funds called “Opportunity Funds.” JAG Logistics Center at DIA is located in a confirmed Opportunity Zone.
To learn more about Opportunity Zones in Colorado, click here: https://choosecolorado.com/opportunity-zones/
FOREIGN TRADE ZONE
The project is located in FTZ-293 an provides special customs procedures to U.S. plants engaged in international-trade-related activities.
ENTERPRISE ZONE
The Colorado Enterprise Zone (EZ) Program is designed to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in, and non-profit organizations to assist with the needs of these communities. Private-sector business activity encouraged by these income tax incentives brings job opportunities and capital investment to economically distresses areas. The private investment results in tax revenue for school districts, cities, counties and the state, outweighing the costs of the tax credits granted.
To learn more about Enterprise Zones, click here: https://choosecolorado.com/doing-business/incentives-financing/ez/
AURORA ECONOMIC DEVELOPMENT COUNCIL (EDC)
The Aurora Economic Development Council enhances the economic strength of the city through innovative employer recruiting, expansion, and retention initiatives. The organization helps Aurora maintain a leadership position within the state’s most promising growth industries including aerospace and defense, bioscience, health sciences, renewable energy and transportation and logistics.
Discover how the Aurora Economic Development Council can assist you in building business relationships and creating jobs.
http://www.auroraedc.com/home.aspx
The Opportunity Zone was enacted as part of the Tax Cuts and Jobs Act of 2017 and was created to promote investment in companies, programs, and properties that are located in certain designated areas called Opportunity Zones. Any taxpayer can defer capital gains taxes on the sale of stocks, business assets, or property by investing in certain qualified investment funds called “Opportunity Funds.” JAG Logistics Center at DIA is located in a confirmed Opportunity Zone.
To learn more about Opportunity Zones in Colorado, click here: https://choosecolorado.com/opportunity-zones/
FOREIGN TRADE ZONE
The project is located in FTZ-293 an provides special customs procedures to U.S. plants engaged in international-trade-related activities.
ENTERPRISE ZONE
The Colorado Enterprise Zone (EZ) Program is designed to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in, and non-profit organizations to assist with the needs of these communities. Private-sector business activity encouraged by these income tax incentives brings job opportunities and capital investment to economically distresses areas. The private investment results in tax revenue for school districts, cities, counties and the state, outweighing the costs of the tax credits granted.
To learn more about Enterprise Zones, click here: https://choosecolorado.com/doing-business/incentives-financing/ez/
AURORA ECONOMIC DEVELOPMENT COUNCIL (EDC)
The Aurora Economic Development Council enhances the economic strength of the city through innovative employer recruiting, expansion, and retention initiatives. The organization helps Aurora maintain a leadership position within the state’s most promising growth industries including aerospace and defense, bioscience, health sciences, renewable energy and transportation and logistics.
Discover how the Aurora Economic Development Council can assist you in building business relationships and creating jobs.
http://www.auroraedc.com/home.aspx
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