Incentives

We offer many economic development incentive opportunities to Greeley businesses in coordination with city, county, and state economic development agencies. We will review each project on a case-by-case basis and do all we can to make your expansion or relocation process a favorable experience. All incentives are listed below or you can print the incentives brochure.

 

Local Incentives

  • Sales and Use Tax Rebate
  • Building Permit Fee Waiver
  • Personal Property Tax Incentive
  • Competitive Water Pricing from Industrial Water Bank
  • FastTrack Permitting
  • Cash Payment for Resident New Job Creation
  • Tax Increment Financing Districts for Urban Renewal

Incentives Brochure

Access to Capital

Greeley Community Development Fund (GCDF)

Upstate Colorado Economic Development administers this loan fund to assist with the financial needs of for-profit businesses expanding/locating in Greeley. This pool of monies provides gap financing for up to 45 percent of the company’s lending needs up to a maximum of $125,000.

The GCDF can take a second collateral position behind the bank or SBA lender. Interest rates are negotiable based on the national prime rate. A personal guarantee is required and jobs must be created. Visit Upstate Colorado for application and additional GCDF information.

Private Activity Bond Financing (PAB)

PABs are tax-exempt bonds that can be issued for several eligible purposes, including the construction of manufacturing facilities. Support of a local government jurisdiction and state approval is required. As a general guideline, project size should be between $3 million and $10 million. The state has established application deadlines in January and August of each year. https://www.colorado.gov/pacific/dola/private-activity-bonds.

Colorado Office of Economic Development & International Trade Financing Tools

OEDIT provides several financing tools for businesses throughout Colorado including debt and equity financing, cash incentives, grants and tax credits to support economic development activities that improve and support employment opportunities. Advance Colorado

Small Business Administration (SBA) Financing

SBA offers a variety of loan programs for very specific purposes. Learn more about those programs.

There are a number of SBA-approved lenders in Greeley. Use the SBA’s “Linc” tool to find a lender.

Transportation and Utilities

Highways

Greeley State MapGreeley is located in Northern Colorado, just 50 miles north of Denver. Greeley is serviced by US Highway 85 and US Highway 34. Interstate 25 is just five miles to the west of our western boundary, Interstate 70 is 55 miles to the south, Interstate 80 is 55 miles to the north. and Interstate 76 is 35 miles to the south and east.

Rail

Union Pacific operates a rail line that runs through East Greeley’s industrial area. The Great Western Railway is a short line that provides access to both Union Pacific and BNSF and is a vital link in Northern Colorado’s transportation system.

Air

Denver International Airport is located 55 miles south of Greeley. It is the fifth-busiest airport in the United States and 13th busiest in the world. DIA serves more than 180 destinations, including an ever-growing list of international destinations, including: Iceland, Japan, Mexico, and Panama.

Greeley-Weld County Airport is located three miles to the east of Greeley’s Central Business District. is categorized as a general aviation facility, and features a 10,000 foot runway.

Broadband

Greeley residents and businesses have access to quality high-speed broadband services.
Broadband Map

Utilities

Xcel Energy provides most of the electrical needs of Greeley and Poudre Valley Rural Electric Authority serves many of the residents and businesses on the west side of Greeley.

Water and Sewer services are provided by the City of Greeley.

Atmos Energy provides Natural Gas.

FAQs

How does the City promote growth and development?

Our Economic Development office is dedicated to advancing the City’s goals by providing support and resources to current and future members of our thriving business community. Our City also provides financial support to community agencies who bolster our economic vitality, including the Greeley Chamber of Commerce, the Downtown Development Authority, the East Colorado Small Business Development Center, and Upstate Colorado Economic Development.

Does the City offer incentives for business development and/or expansion?

Yes. We offer certain development fee waivers, refunds of a portion of your personal property tax on equipment, and competitive pricing for raw water. You can learn more about the incentives by reviewing our brochure.

We also partner with our friends at Upstate Colorado Economic Development, who respond to state-generated business investment leads and coordinates the approval of Weld County incentives.

Does the City have information on sites and/or building available for sale or lease?

Yes. You can find information on sites and/or buildings available for sale or lease by visiting our Site Selection page.

How do I acquire a business license?

Information regarding business licenses is available at Greeleygov.com/SalesTax. Contact the City of Greeley Finance Department at 970-350-9731 with any questions.

What is Sales and Use tax and how does it apply to my business?

Sales tax is a tax on the sale of tangible personal property and specific taxable services as defined in the City of Greeley Municipal Code. Use tax is complementary to sales tax and is only due if a purchaser did not pay Greeley sales tax or legally imposed sales tax as high or higher than the sales tax would have paid had they purchased the item or service in Greeley.  You can learn more about the Sales and Use tax and how it applies to your business at Greeleygov.com/SalesTax.