Grants & Financial Resources
Economic Development Incentive Policy
In 2020, the Town approved an economic development incentive policy focused on stimulating capital investment and job growth in the Town of Frederick.
- Family-friendly Entertainment
- Conventional or Clean Energy
- Research and Development
- Computer System & Software Product Support
- Net new taxable investment of at least $250,000.
- Either five new full-time employees or a 10% increase in the workforce (average wages for new jobs must be equal to or greater than the average county wage).
- Businesses must provide at least 50% of employee healthcare coverage.
- Must be in good standing with all applicable regulatory agencies.
According to a tiered system, projects meeting the program requirements may be awarded incentives ranging from 25% to 100%. Incentive may be applied to the following items:
- Building Permit Fees
- Plan Review Fee
- Electrical Fee
- Transportation Impact Fee
- Sales Tax - 2.0%
- Construction Meter Fee
- Frederick Capital Improvement Fee
- Tap Installation Fee
State & County Incentives
The Colorado Legislature created the Colorado Enterprise Zone (EZ) to promote a business-friendly environment in economically distressed areas by offering state income tax credits that incentivize businesses to locate and develop in-and no-profit organizations to assist with the needs of- these communities. View the Colorado Enterprise Zone map.
This office offers a wide range of services to assist companies starting, expanding, or relocating in Colorado. The mission of OEDIT&IT is to foster a positive business climate that encourages quality economic development through financial and technical assistance.
Upstate Colorado Economic Development is a public/private nonprofit economic development corporation that provides all of Weld County's services. Our work focuses on supporting primary employers in the retail, service, and professional sectors.
The fifth edition of the Denver Capital Matrix details funding sources for small businesses and entrepreneurs. The matrix identifies close to 400 different funding sources, including traditional bank financing, venture capital firms, private equity firms, angel investors, mezzanine sources, investment banking institutions, and others that have funded Colorado businesses.
This nonprofit community development financial institution helps small businesses with loans up to $150,000 for entrepreneurs who cannot obtain financing from traditional sources. An experienced staff provides management consulting and business training.
This private, nonprofit, community-based organization assists business owners in accessing long-term fixed-rate financing for commercial real estate and equipment expansion projects. The mission of Colorado Lending Source (CLS) is to foster the economic growth of diverse small businesses within the State of Colorado. CLS assists business owners in investing in their communities, thus broadening the tax base and creating new jobs.
Over the past 47 years, the Small Business Administration (SBA) has grown in total assistance provided and its array of programs tailored to encourage small enterprises in all areas. The SBA's programs include financial and federal contract procurement assistance, management assistance, and specialized outreach to business owners of black, women, minorities, armed forces veterans, and LGBTQ communities. The SBA also provides loans to victims of natural disasters and specialized advice and assistance in international trade.