Roundtable Discussion With The Rural Jump Start Program

The Rural Jump Start Program is a program offered through the Colorado Office of Economic Development & International Trade (COEDIT), which initially began in 2016 and was later modified in 2021. The Rural Jump Start Program is a grant and tax relief program for New Businesses and New Hires which locate in designated rural, economically distressed areas of Colorado which
have created a Rural Jump-Start Zone. The program offers the following benefits for New Businesses approved for
the program:

• Grants up to $20,000 on a 3:1 reimbursement basis for business expenses
• Grants up to $2,500 per net New Hire in the program
• Grant amounts double if the New Business is in a Tier 1 Just Transition Community
• Relief from state income taxes
• Relief from the state sales & use tax
• Relief from county and municipal business personal property tax
• Relief from personal state income taxes for the New Hire

The following counties have formed Rural Jump-Start zones: Alamosa, Archuleta, Clear Creek, Conejos, Costilla,
Delta, Dolores, Fremont, Garfield (excluding Glenwood Springs and Carbondale), Huerfano, Kiowa, Kit Carson, Lake,
Las Animas, Lincoln, Logan, Mesa, Moffat, Montezuma, Montrose, Morgan, Otero, Phillips, Prowers, Pueblo, Rio
Blanco, Rio Grande, Routt, San Juan, Sedgwick, and Yuma.

If you would like to attend the Roundtable Discussion please register here on this page. For questions related to the Rural Jump Start Program please Morgan Vankat, the Program Manager, at (402) 459-1420 or morgan.vankat@state.co.us.