September 28, 2016

Colorado offers $12 million in incentives to companies with high-paying jobs

Colorado Economic Development Commission members approved more than $12 million in job-growth incentives for six different companies Thursday, including several whose average salary would exceed $100,000 if they were to accept the tax credits and grow their work force in Colorado.

The incentive approvals were unanimous from the 11-member board appointed by the governor’s office.

“These companies that pay $120,000 and $140,000 on average, they don’t get much resistance, do they?” noted Dick Monfort, managing partner of the Colorado Rockies and an EDC member.