Sometimes a little something extra is needed to make the deal. Since the our incentives program began in 2010, the city has awarded more than $3.5 million in incentives to businesses, creating nearly 800 jobs and $98 million in capital investment.

Commerce City offers incentives to encourage capital investment in the community, create new jobs and attract new businesses. Our goal is to continue the city’s growth as an economically sound and high quality community.

Existing and prospective businesses in Commerce City’s five target industries, located or planning to locate within the city, are eligible to apply for incentives. Applications from existing businesses that are not classified as a target industry will be considered on a case-by-case basis.

SBA HUBZone
Does your business plan include government contracting?  Locating within Commerce City census tracts designated as HUBZone may give your company an advantage.

The SBA Historically Underutilized Business Zone (HUBZone) Program stimulates economic development and creates jobs in urban and rural communities by providing Federal contracting preferences to small businesses.

Workforce Assistance
Commerce City partners with the Adams County Workforce and Business Center to provide business assistance in workforce attraction and development. This partnership provides services to assist companies in successfully recruiting highly trained and qualified employees. Employers also have access to a diverse set of resources and expertise at the workforce and business center that can be customized to meet their workforce needs. Services  are provided at no cost to employers and job seekers.

Services include:

• Customized training and supportive services
• Federal bonding services and tax credits may be available
• Job fairs
• Job postings
• Recruiting, prescreening and personnel services

Taxes
No Personal Property Tax - The city does not have personal property tax. This can result in considerable savings to the company over time.

No Head Tax - The city does not have employment “head” tax. This could mean considerable savings on payroll taxes for companies that locate in Commerce City.

Adams County’s policy for qualifying companies is to rebate up to 50% of property taxes for the first four years. If the company is located inside an enterprise zone, it may be eligible to receive tax rebates for both real and personal taxes. If the company is located outside an enterprise zone, it is only entitled to personal property tax rebates. 

Enterprise Zone Tax Credits
Adams County Economic Development is the administrator of the State Enterprise Zone Tax Credit program for Adams County.

Colorado’s Enterprise Zone program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state. In Commerce City, the Enterprise Zone includes all properties located west of the Rocky Mountain Arsenal National Wildlife Refuge and State Highway 2.

Colorado offers many incentives for entrepreneurs and businesses. The state has low taxes and business costs, provides performance-based incentives to qualifying companies that create new jobs, and offers customized training grants.

The following grants and incentives are available for qualifying companies:  

• Job Growth Tax Incentive
• Strategic Cash Fund Incentive
• Enterprise Zone Tax Credits
• Local Government Incentives
• Job Training Grant Programs
• Public Infrastructure Grants
• Biotechnology Sales and Use Tax Refund
• Colorado Aircraft Manufacturer Tax Credit

Incentives Matching
Commerce City business incentives may be matched by Adams County.
State incentives may be paired with Commerce City and Adams County incentives to create a complete incentive package to meet your business needs.