Advanced Industry Investment Tax Credit Accepting Applications

January 7, 2015 – The Advanced Industry Investment Tax Credit program is accepting applications for 2015. The program limit has doubled in 2015, to $750,000, and in order to qualify for the 2015 credit, the funds must be received by the investee business in 2015.

The Colorado Advanced Industry Investment Tax Credit helps Colorado advanced industry companies receive more capital from Colorado investors. The program targets technology sectors with a strong presence in Colorado, and is complementary to the Advanced Industry Acceleration grant program.

Colorado’s seven advanced industries are:

  • Advanced Manufacturing
  • Aerospace
  • Bioscience
  • Electronics
  • Energy/Natural Resources/Cleantech
  • Infrastructure Engineering
  • Technology & Information
  • Qualified investors who make qualified investments on or after January 1, 2015 in qualified small businesses in one of Colorado’s seven Advanced Industries may be eligible for Colorado state income tax credits.

    Credits are granted on a first come, first serve basis to qualified applicants based on the date and time their applications are received. In order to apply for this credit, both the investor and the investee company need to set up an account with OEDIT. For more information visit www.advancecolorado.com/aitc or contact Ken Jensen at ken.jensen@state.co.us.