The Enterprise Zone (EZ) is a state funded program that was created 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. Areas of Longmont, Lafayette, and Broomfield recently received the North Metro Enterprise Zone designation.
What does this mean for your business?
EZ incentives and tax credits can have a significant impact, from $1,000 to $500,000.
Are you in the North Metro Enterprise Zone?
Visit www.advancecolorado.com/ez to determine if your address or parcel number is located in the EZ and qualifies for tax credits starting in 2016.