Enterprise Zone
Businesses located in the Jefferson County Enterprise Zone have added over $300 million in capital investment and have created over 5,000 new jobs within the Zone.

The Lakewood Enterprise Zone (EZ) is within the Jefferson County Enterprise Zone and covers the commercial property along West Colfax Avenue between Youngfield Street and Sheridan Boulevard, along Sheridan Boulevard between Colfax Avenue and West Alameda Avenue, and extending west along Alameda Avenue to the west side of Wadsworth Boulevard. Businesses located within the EZ may claim Colorado income tax credits for job creation, investment in manufacturing equipment, contributions to EZ plans and for research and development.

The Enterprise Zone tax credits are:

• A 3% investment tax credit for purchases of machinery and equipment
• $500 per new employee tax credits for new and expanding businesses.
• An additional $200 per new employee credit for businesses offering an employee health insurance plan.
• A 10% credit for qualified employer job training and school-to-work costs. • A 3% credit for increases in qualified expenditures for research and experimentation.
• A statewide exemption from state sales and use tax for purchases of manufacturing equipment and machine tools, as well as materials used in their construction.
• A 25% tax credit (up to $50,000) for renovation of 20+ year old buildings vacant for over two years
.• A 25% tax credit for cash contributions to certified enterprise zone projects up to $100,000
• A 12.5% tax credit for in-kind contributions up to $50,000.

Business Property Tax Rebate

The Jefferson County Workforce Center serves employers by accessing qualified and work-ready employees. Working with a company's specific needs and criteria, the Center offers pre-screening of applicants, referrals to publicly funded programs, job fair participation and customized software training.

Red Rocks Training Grants: Red Rocks Community College (RRCC) also offers a training grant to help employers keep their employees trained and retained. The program provides employers with 50 percent of tuition and fees for one year. For more information, contact Red Rocks Community College, 303-914-6769.

Rocky Mountain Education Center The RMEC is a one-stop training organization dedicated to providing high quality, effective and affordable training for Lakewood Small Businesses.