Below are resources to start or relocate your business to the Santa Fe Drive Corridor . The City and County of Denver through the Office of Economic Development (OED) has identified the Santa Fe Drive Corridor as a target area for business development and revitalization. The city offers several business incentives to not only get you here but to keep you here.
Revolving Loan Fund
Securing the capital needed to start a new company or expand an existing operation has become increasingly difficult. Responding to that need, the Office of Economic Development (OED) has developed the Revolving Loan Fund program (RLF) to enhance the ability of business owners like yourself to secure the necessary capital to finance start-up ventures or business expansion projects. This gap financing program works by lending up to 25% of project costs, thereby inducing banks to provide the bulk of the financing for small businesses.
Neighborhood Business Revitalization Loan (NBR) and Neighborhood Marketplace Initiative (NMI) Program
The NBR and NMI program works by assisting entrepreneurs in starting or expanding their businesses in targeted Denver neighborhoods. The Denver Office of Economic Development provides gap financing, technical assistance, permitting assistance and design consultation to enhance investment opportunities in NBR and NMI target areas. Older business districts such as South Broadway, Santa Fe Drive, Highlands Square and others have experienced an economic renaissance as a result these Denver programs.
Denver’s Enterprise Zone
The Denver Enterprise Zone is a State of Colorado tax credit program that allows businesses located within a specific geographic area to receive tax credits against their state tax liability. Businesses that move to or expand in the Denver Enterprise Zone have the potential to save on their Colorado business income taxes each year. Denver’s Zone includes over 30 square miles of most of Denver’s commercially zoned real estate.
MAPS, NEIGHBORHOOD PLANS, & START UP RESOURCES