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GRA Summer Research Conference Denver, Colorado August 6, 2007.

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Presentation on theme: "GRA Summer Research Conference Denver, Colorado August 6, 2007."— Presentation transcript:

1 GRA Summer Research Conference Denver, Colorado August 6, 2007

2 Metro Denver Incentives Colorado is at the bottom of available research incentives compared to the rest of the country. State of Colorado has a total of approximately $9,000,000/yr. for job training, relocation incentives. Most incentives are tax rebates

3 What Site Selectors Say When we get down to the final three, incentives do matter Incentives don’t make a bad deal good Labor and making a smart business decision is more important to the bottom line. We’ll be apart of the community longer than an incentive.

4 What Companies Say Important to have a great website –Data intensive –Easily searchable –Downloads available Research available that compares communities that had standardized info Consistent data for all communities

5 Tax Incentives EZ Zones, Personal Property Tax rebates Sales and Use Tax Rebates at the local level But Tech companies and Bioscience companies can’t use most tax credits

6 We had to get creative Developed an Economic Impact Model Considers Inputs and Outputs Performance Incentive Agreements –Known amount that each company can receive… rewarding higher paying jobs

7 Investment as an incentive Investment in Infrastructure –FasTracks - $4.7 billion light rail build out –T-REX - $1.67 billion multimodal project –DIA – New International Airport\ –Major League Baseball, Hockey and new Football Stadium


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