INCENTIVE DESCRIPTION

State: CO
Incentive Type: Training Grants and Credits
Incentive Title: Training Grants
Description: 1. COLORADO FIRST Training grants are available to new businesses or existing companies undergoing a major expansion. The amount of the grant is based upon the number of new employees who meet an average wage threshold. Companies must pay a minimum of 40% of the overall training costs. 2. EXISTING INDUSTRY CUSTOMIZED TRAINING PROGRAMS These grants are for companies implementing new technology to remain competitive and retain jobs in the state. Training is for transferable job skills that increase existing workers skillsets and creating other employment opportunities. These grants are competitive in process. The state issues a maximum number of these grants per fiscal year.
Eligibility Requirements: 1. Must be an eligible business creating new jobs. Must meet wage threshold in either urban or rural areas. Training must occur in the fiscal year that grants are awarded. 2. Must be a qualifying industry completing all required applications. Retraining is for new technology only. Training must occur in the fiscal year that grants are awarded.
Geographic Restrictions: Statewide
Granting Authority: State of Colorado


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.