Grow Your Business in Broomfield
Broomfield is one of Colorado's most business-friendly cities — strategically positioned between Denver and Boulder, with a thriving economy, a supportive local government, and a connected community of entrepreneurs and investors.
Whether you're launching a startup, relocating an established company, or expanding your existing footprint, Broomfield offers the infrastructure, incentives, and support networks to help you succeed.
Incentives for Businesses Locating in Broomfield
Broomfield and the State of Colorado offer a range of financial and regulatory incentives designed to attract and retain businesses. Below are key programs available to qualifying companies.
Enterprise Zone Tax Credits
Colorado's Enterprise Zone program offers income tax credits for businesses that invest in designated zones. Credits are available for job creation, capital investment, R&D expenditures, and employer-sponsored health insurance — making Broomfield's EZ designation a meaningful financial advantage for qualifying employers.
Sales & Use Tax Exemptions
Colorado provides sales and use tax exemptions on qualifying manufacturing equipment, eligible R&D machinery, and certain business inputs. These exemptions can significantly reduce startup capital costs and ongoing operational expenses for manufacturers and technology firms locating in Broomfield.
Job Growth Incentive Tax Credit (JGITC)
The JGITC provides a state income tax credit equal to a percentage of the FICA taxes paid on net new jobs created in Colorado. Companies creating 20 or more qualifying positions with wages above the county average wage are eligible — rewarding businesses that drive meaningful employment growth in Broomfield and the surrounding region.
Local Business Grants
Broomfield's economic development office periodically administers targeted grant programs for small businesses, early-stage startups, and expanding employers. Grant availability, eligibility criteria, and award amounts vary by program cycle — contact the economic development office directly for current opportunities.
Workforce Development Funding
State and county workforce programs through CDLE and the Boulder/Broomfield Workforce Center can offset training and hiring costs for qualifying businesses. On-the-job training reimbursements and customized training grants are available to companies actively growing their teams in the region.
Business Personal Property Tax
Colorado's business personal property tax rate is comparatively low relative to neighboring states, providing an ongoing operational cost advantage. Combined with Broomfield's competitive commercial lease environment, this translates to measurable long-term savings for equipment-intensive and capital-heavy businesses.
Support Organizations and Programs
Broomfield entrepreneurs benefit from a rich network of organizations dedicated to business success — from one-on-one mentorship to market research and access to capital.
• Colorado SBDC (Small Business Development Center) — free consulting, workshops, and business plan support for startups and growing businesses.
• Broomfield Economic Development — city office providing site selection assistance, incentive navigation, and business retention programs.
• SCORE Mentorship Network — volunteer mentors with executive experience offering free guidance to entrepreneurs at every stage.
• Boulder/Broomfield Workforce Center — employment services, job training programs, and labor market data.
• Colorado Office of Economic Development and International Trade (OEDIT) — statewide programs for financing, export, and innovation support.
Why Broomfield? A Strategic Location for Business
Situated at the crossroads of US-36 and I-25, Broomfield occupies one of the most strategically valuable commercial corridors in the Denver-Boulder metro. Companies here gain immediate access to two of Colorado's largest talent pools, major transportation arteries, and Denver International Airport — all within 30 minutes.
Broomfield's commercial real estate market offers a range of options — from Class A office parks and flex industrial spaces to retail corridors and mixed-use developments — with vacancy rates and lease terms that remain competitive compared to neighboring Denver and Boulder markets.
30 Min to DIA
Direct highway access to Denver International Airport via I-270 and Pena Blvd.
400,000+ Metro Workforce
Draw from the combined Denver-Boulder labor market, one of the most educated in the nation.
Top-Ranked Schools
Boulder Valley and Adams 12 school districts rank among Colorado's highest-performing, supporting employee quality of life.
Competitive Commercial Rates
Office and industrial lease rates below equivalent Denver and Boulder submarkets.
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Ready to Start or Grow Your Business in Broomfield?
Connect with Broomfield's economic development resources, ask about available incentives, or get guidance on site selection. Use the form below to send your inquiry and a member of the team will follow up.
