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DTSTART;VALUE=DATE:20250702
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DTSTAMP:20260422T074400
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SUMMARY:Denver Business Investment Program
DESCRIPTION:Denver Economic Development & Opportunity (DEDO) is now accepting applications for a tax credit that reduces business personal property tax bills. Businesses that invested in new or expanded operations in 2024 and meet the program’s eligibility criteria may qualify for this credit through the Denver Business Investment Program. The credit covers the Denver General Fund portion of business personal property taxes for up to four years\, starting when the property is placed in service. Eligible property includes office equipment\, communication tools\, fixtures\, and machinery used in construction and manufacturing — replacement equipment is not eligible. \n\n\n\n\nBusinesses are encouraged to apply if they are: \n\nA new business (start-up) is eligible to apply.\nA business new to Denver that relocated from outside Denver or added a new facility in Denver is eligible to apply.\nAn existing business already located within the City and County of Denver\, through expansion\, that made significant capital investments and/or job creation is eligible to apply. Your business must have met at least ONE of these expansion requirements in 2024 to qualify:\n\nYour increased investment was at least $1 million in business expansion;\nYour increased investment was at least 100% of your prior business capital level;\nYou increased by at least 10 employees over your preceding 12‐month average; or\nYou increased by at least 10 percent employees over your preceding 12‐ month average.\n\n\n\nEligibility for the tax credit will be determined by compliance with Chapter 53\, Article XVI\, D.R.M.C. \n\nFor any questions or 1:1 application assistance\, please contact us at: \nInvestInDenver@denvergov.org \n720-913-1721
URL:https://myzing.com/event/denver-business-investment-program/
LOCATION:CO
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