Economic Incentives
The Arvada Economic Development Association (AEDA) facilitates business growth by offering a variety of financial assistance and tax credits for businesses in targeted industries. These programs allow businesses to start, expand, renovate, or relocate in Arvada. AEDA can also steer businesses to County, State, and other organizations that offer assistance. Review the listed AEDA programs, if you need additional assistance or would like to learn about county or state incentives, contact AEDA staff directly at 720.898.7010 or [email protected].
Financial Incentives
AEDA Economic Impact Fund
In order to maintain flexibility, the AEDA Economic Impact Fund exists to provide financial assistance for special projects on a case-by-case basis. While this program does not have specific project qualifications, match funding requirements or funding limits, applications are heavily scrutinized to ensure public benefit and that the scope of the project is in alignment with AEDA’s economic development mission.
Enterprise Zone
The State enterprise zone program provides incentives to businesses located in designated enterprise zones. Learn more about state income tax credits and locations in the enterprise zone by visiting https://choosecolorado.com/doing-business/incentives-financing/ez/.
Tax Exemptions and Sharebacks
The City of Arvada has some tax exemptions and shareback programs for manufacturing businesses and other targeted industries–for example, manufacturers producing over 50% of goods for wholesale. These economic incentives are available on a case-by-case basis.
If you have questions or would like more information about the program, please contact Nancy Flock at [email protected] or 720-955-4238.
Jefferson County Business Incentives
To learn more about business assistance and incentives in Jefferson County, check out Jefferson County Economic Development Corporation.
Adams County Business Incentives
To learn more about business incentives in Adams County, check out Adams County Regional Economic Council.
Grants
AEDA Exterior Improvement Grant
AEDA created the Exterior Improvement Grant program to support businesses and/or property owners that are making capital improvements to the exterior of their property, which in turn improves the Arvada community. The 50/50 matching grant program leverages AEDA funds and private sector investment to enhance commercial properties in Arvada.
If you have questions or would like more information about the program contact Sarah Miley at [email protected] or 720-955-4238.
AEDA Safety and Security Grant
The Arvada Economic Development Association (AEDA), in partnership with the City of Arvada, is launching a pilot grant program to support local businesses in enhancing safety and security at their commercial properties. This program offers reimbursement grants of up to $5,000 to help offset the cost of eligible crime prevention improvements. Businesses are required to match 25% of the grant award amount.
If you have questions or would like more information about the program contact Sarah Miley at [email protected] or 720-955-4238.
Arvada Manufacturing Initiative
AEDA partners with Manufacturer's Edge, our State Manufacturing Extension Partnership (MEP), to provide an opportunity for Arvada manufacturing companies to access technical and operational support through Manufacturer's Edge programming that may qualify for a grant reimbursement of up to $5,000 over a two year period.
If you have questions or would like more information about the program, please contact Nancy Flock at [email protected] or 720-955-4238.
Loans
Arvada Community Loan Fund
In partnership with the Colorado Enterprise Fund, AEDA has created the Arvada Community Loan Fund. Additionally, AEDA can assist businesses in understanding a breadth of programs that can support their capital needs.
Local Lenders
AEDA has compiled a list of local lenders that details out each lender's products, specialties and key industries they work with, and other unique offerings. Our team is ready to assist you in preparing to meet with these lenders and navigating what programs might be the best match for you.