Private Activity Bonds (tax exempt industrial revenue bonds):
Locally sponsored by Douglas County, up to $10 million of tax-exempt private activity bonds are available per qualified manufacturing project through the state-wide allocation. Typically, tax-exempt bonds offer an interest rate 70% to 80% of prime rate. Total project cost cannot exceed $10 million. Bond proceeds can be used for land acquisition, site improvement, building construction, and purchase of machinery and equipment.

Economic Development Commission Funds:
The State Economic Development Commission (EDC) allocates appropriated general fund revenues for economic development. The EDC approves grants and low interest loans to public and private entities throughout the state to help existing businesses expand and new companies locate in Colorado. The amounts and terms are determined by the EDC. Loan proceeds can be used for construction and operating capital. The Office of Economic Development administers this program.

Job Training Programs:
Enhancing the competitiveness of Colorado companies and residents through training assistance, the Colorado FIRST Customized Job Training Program provides financial assistance to companies training new employees for recently created jobs. The Existing Industries Job Training Program provides similar financial assistance for companies wanting to retrain employees in new technologies or increase employee retention.