Enterprise Zone
Frequently Asked Questions

Information | Business Tax Credits | Credit Examples | Contribution Projects | Project Eligibility | EZ Map

If you are unable to find the answers to your questions here, please contact the Enterprise Zone Administrator at the Business Incubator Center.

What is the Mesa County Enterprise Zone?
The Colorado Economic Development Commission (EDC) designates certain economically distressed areas of the state as Enterprise Zones. Mesa County’s Enterprise Zone program helps turn economic distress into economic vitality. Mesa County’s Enterprise Zones provide various tax credits and incentives to encourage the expansion or location or private enterprise and quality jobs in distressed areas. Enterprise Zone tax credits and incentives are powerful tools that help community partners advance the economic development goals of Mesa County.

What tax credits are available?

  • Businesses located in the Enterprise Zone (map) may claim State tax credits for a variety of activities, including: Investment in equipment; jobs created; employee training; employer sponsored health insurance; rehabilitation of vacant buildings; and research and development activities.

  • Taxpayers who donate cash or in-kind merchandise and/or services to an approved Enterprise Zone Contribution Project may claim State tax credits for their donation.

How do I claim these credits?
You must fill out an Enterprise Zone Certification form. You submit this form to the Business Incubator Center for signature, then when the form is returned to you, you file it with your yearly Colorado State Income Tax Forms.

How do I know if a business is located in the Enterprise Zone?
In order to claim the Enterprise Zone credits, businesses and non-profit approved contribution projects must be located in the Mesa County Enterprise Zone. To verify whether or not a business is located in the Enterprise Zone, you can visit this Mesa County GIS map link or contact the Business Incubator Center.

How do I know which projects are approved for Enterprise Zone contributions?
The complete list of approved Mesa County Enterprise Zone contribution projects is located on the Contribution Project Donor Benefits page.

 

Copyright 2006-2008 The Business Incubator Center - All Rights Reserved
Website by Elegant Website Design