Best Practices for Business Incentives in Colorado
Best Practices for Business Incentives in Colorado
Join us for our upcoming Knowledge Network Series, where we explore best practices in business incentives to support business retention, expansion, and attraction. This session will provide insights gathered from economic developers across Colorado to identify which incentives yield the highest ROI, mitigate financial risks, and create meaningful community impact. Key topics include:
- High-ROI incentives for business growth.
- Effective financial tools like grants, tax abatements, low-interest loans, and TIFs.
- Non-financial support like permitting, market intelligence, PR, and technical assistance.
- Targeted incentives to aid economically disadvantaged areas.
Learn how your community can shape effective, impactful incentive programs that foster sustainable economic growth in Colorado. Don’t miss this opportunity to learn, connect, and contribute!
Moderator:
Jill Mendoza, CEcD, Economic Development Manager, Town of Superior
Panelists:
- Sarah Crosthwaite, MPA | Economic Development Manager, Town of Johnstown
- Paula Mehle, AICP, MPA | Director of Economic Development and Firestone Urban Renewal Authority, Town of Firestone
- Councilman David Woodruff | City of Durango
- Alison Wakefield | Manager, Fiscal and Economic Policy, State Fiscal Health, The Pew Charitable Trusts
Resources:
PEW Charitable Trusts:
- PEW GTI Presentation
- Pew Economic Development Incentive Toolkit
- NCSL Tax Incentive Evaluation Database
- How States Can Direct Economic Development to Places and People in Need
- What Factors Influence the Effectiveness of Business Incentives?
- How States Can Design Effective Tax Incentive Evaluation Plans
- How States Use Annual Caps to Control Tax Incentive Costs
Town of Johnstown:
- Project XXX Example Incentive Offer Letter – Click Here
- Johnstown Incentive Policy – Click Here
- Johnstown Incentive Request Form – Click Here