Looking for business incentive ideas for your community?

EDCC is a trusted educational resource for guiding economic development standards and practices for economic development professionals in Colorado. This includes providing information on business incentives best practices and use cases. 

Business incentives play a pivotal role in fostering economic growth by encouraging business retention, expansion, and attraction. Municipalities and counties employ a range of financial and non-financial tools to stimulate local economies, create jobs, and support sustainable community development. These incentives are particularly critical in addressing disparities in economically disadvantaged areas, where targeted support can have transformative impacts.

This report explores the use of business incentives by municipalities and counties, identifying best practices, challenges, and opportunities for maximizing return on investment (ROI) while addressing economic disparities. It provides actionable recommendations to enhance the implementation and impact of financial and non-financial incentives across diverse communities.

We also invite you to email us directly at edcc@edcconline.org with any questions.