Incentives

BUSINESS INCENTIVES


The City of Fountain aggressively pursues businesses targeted for local Incentivesrecruitment and expansion. Expedited services are available, as well as assistance with other government partners.

Tax credits and rebates are available on a case-by-case basis and upon the approval of City Council 

 

2022 Incentives and Assistance Programs Matrix

State of Colorado Business Startup Loan Fund (2022-2032)

EPA Brownfields Fountain-Colorado Springs Coalition Program
 (effective 2020-2023)

Olde Town Design+Aesthetics Incentive Program
(effective 2021)



In addition to City incentives, the City will work aggressively with targeted businesses to obtain incentives from other sources. These include:

  • Community Development Block Grants
  • State Economic Development Commission incentive packages
  • Tax increment financing (TIF) via the Fountain Urban Renewal Authority
  • Special District Formation (BID, Overlay)
  • Tax Exempt Bond Financing
  • Micro Low-Interest Loans and Grants
  • Workforce Training Grants and Programs, Training Assistance
  • New Market Tax Credits
  • Opportunity Zone (OZ) (2018 effective tax year of program)
  • Brownfields Redevelopment Funds
  • International Business Development
  • Enterprise Zone Tax Credits
  • Economic Development Administration Grants and Programs, and others