State Programs

Colorado First and Existing Training Grants
The Colorado First and Existing Industry grants are jointly administered by the Colorado Office of Economic Development & International Trade (OEDIT) and the Colorado Community College System (CCCS). Colorado First grants are for companies that are relocating to Colorado or existing companies that are undertaking a major expansion. Existing Industry grants are designed for Colorado companies that are implementing new technology to remain competitive and keep jobs in Colorado. Approved training is for transferable job skills that support both the company's economic competitiveness by re-training its workers in new sills, while enhancing the workers' resumes and long-term employment opportunities.

The Governor's Energy Office is leading Colorado to a New Energy Economy through energy efficiency, renewable and clean energy resources. GEO recognizes the critical role it will play in charting Colorado’s leading role in the provision of clean and renewable forms of energy. GEO will work with communities, utilities, private and public organizations, and individuals to promote renewable energy such as wind, solar, and geothermal, and energy efficiency technologies in commercial and residential buildings.

State Job Creation Incentives
The Job Creation Performance Incentive Fund (PIF) provides a performance-based incentive payment to qualifying companies that have created net new jobs paying above average wages. The program is designed to support and encourage new business development, business expansions and relocations that have generated new jobs throughout the state.

The Enhanced Incentive Program (EIP) provides an additional performance-based incentive payment to companies that have qualified under the Job Creation Performance Incentive Fund and have created new jobs paying average wages that are even higher than required under the PIF program. The program is designed to support highly desirable and high-impact job creation opportunities.

Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) fosters a positive business climate that encourages quality economic development through financial and technical assistance provided in support of local and regional economic development activities throughout the State of Colorado. The OEDIT has numerous Business Finance programs that can assist businesses in the state.

Bioscience Discovery Evaluation Grant Program
The program was modified during the 2007 legislative session. The current program focuses on improving and expanding the evaluation of new bioscience discoveries at research institutions with the intent of accelerating the development of new products and services.