Business Incentives
Please contact EDC staff if you have any questions regarding what incentives are applicable to your business.
​All of Lake County is an Enhanced Enterprise Zone, giving tax credits from 3-10% on equipment and personal property purchased for businesses, a $2,500 credit per employee that is hired, up to $50,000 for rehabilitating vacant commercial buildings and much more. Further details can be found here.
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Most of Lake County is an Opportunity Zone (OZ). This is a means of investing deferred capital gains from another sale (business, stock, home, etc.) into a project in our OZ area. If you hold it for 7 years or more you will pay 15% less on the gain, but if you hold the investment for 10-40 years, you will pay NO capital gains taxes on the new investment. More details can be found here.
A map of our OZ area:​
If you’re looking to locate a business in the City of Leadville, you may be able to apply for Tax Increment Financing through the Leadville Urban Renewal Authority (LURA) here.
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Leadville has a Historic Landmark District, making buildings located within this district eligible for federal and state historic tax credits. Victorian home owner may also be eligible for residential tax credit as well.
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​Leadville Historic tax credit information
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The State of Colorado Office of Economic Development and International Trade (OEDIT) offers a number of incentives and information to encourage business development and growth. Learn more here.