Summary
Investor tax credit equal to 25% of a qualified equity investment in a Colorado advanced-industries small business (30% if the investee is located in an Enterprise Zone or rural area), capped at $50,000 per investor per year. Investee must be OEDIT-pre-certified, in an advanced-industries sector, have raised ≤$10M in lifetime third-party investment, and have ≤$5M in annual revenue. Statewide annual cap: $4M through calendar 2026, stepping down to $2.5M per year 2027–2031.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- $4,000,000 (statewide)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- allocated
- Claimant subject
- business
- Refund/transfer election
- none
- Program family
- —
- Effective
- —
- Sunset
- 2031-12-31
- Application deadline
- —
- Transfer discount
- —
Hard requirements (3)
- industry_keywordCOUNTERPARTY-SCOPE rule: the qualified small business being invested in must operate in one of Colorado's seven advanced-industries sectors (advanced manufacturing, aerospace, bioscience, electronics, energy & natural resources, infrastructure engineering, technology & information). NOTE: this rule describes the *investee*, not the claimant (the investor). Pre-§25 schema does not distinguish; verify eligibility against investee profile manually.
- max_revenueCOUNTERPARTY-SCOPE rule: the qualified small business (investee) must have annual revenue of $5,000,000 or less. Describes the *investee*, not the claimant.
- local_approval_requiredThe qualified small business (investee) must be pre-certified by OEDIT before the investor's investment qualifies for the credit. Procedural — OEDIT verifies advanced-industries classification, lifetime third-party investment raised (≤$10M), and annual revenue (≤$5M). NOTE: state agency, modeled via local_approval_body until §26 lands.
Preference / tiering rules (1)
- min_investmentInvestor's qualifying equity investment must be $200,000 or more to claim the maximum dollar credit ($50,000/year — i.e., 25% of $200,000). Smaller investments earn proportionally smaller credits at the same percentage.
NAICS industries (5)
- 3254 Pharmaceutical and Medicine Manufacturing (Bioscience)
- 3364 Aerospace Product and Parts Manufacturing
- 3344 Semiconductor and Other Electronic Component Manufacturing
- 5417 Scientific Research and Development Services
- 5415 Computer Systems Design and Related Services
Geo zones (3)
- statewide — · Colorado Statewide (Standard Rate)
- enterprise_zone — · Bonus Rate — Investee in EZ
- rural — · Bonus Rate — Investee in Rural Area
Tags (5)
- counterparty_role: investee
- investee_lifetime_third_party_investment_max: 10000000
- annual_program_cap_step_down_2027: 2500000
- investor_per_year_cap: 50000
- pte_credit_schedule: DR_0106CR
Tax bases
- corporate_income_taxprimary
Approval requirements (1)
- requiredCO OEDIT / Economic Development Commission — OEDIT certifies the qualified small business (investee) before the investor's investment qualifies. Statewide cap allocation managed by OEDIT.
Source
HB22-1149 (initial); HB25-1157 (reauthorization through Dec 31, 2031)
Last verified: 2026-04-26
COUNTERPARTY-SIDE program: claimant is the investor; eligibility rules below describe the *investee* qualified small business, modeled as if they describe the claimant per future_proposals.md §25 workaround until rule_scope lands. Refundability and carryforward not stated on accessible OEDIT pages; verify against statutory text at production-seed time. Step-down cap is statewide-FCFS allocation.