Commerce Connection masthead 
October 2015
In This Issue: 

Expanded Enterprise Zone Areas in Commerce City Can Help More Businesses Earn Tax Credits oedit
Colorado's Enterprise Zone (EZ) program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state - areas having a high unemployment rate, low per capita income, or a low population growth rate. Starting in 2016, Commerce City will have more qualified areas.

This map shows the modified enterprise zone program boundary that was approved two weeks ago by the Colorado Economic Development Commission. The city's economic development division worked with Adams County Economic Development on the application.

Businesses located in the Enterprise Zone, who are interested in participating in the program, must register annually with the state prior to conducting any qualifying activity. To pre-certify, visit www.advancecolorado.com/ez. To learn more about the Adams County Enterprise Zone program contact Erin Beckstein by email or at 303-453-8516.  
Commerce City's Annual Sales Tax Seminar Provides Valuable Information to Businessessalestaxseminar
Commerce City's Finance Department will be holding their annual sales and use tax seminar Friday, Nov. 13, at the Commerce City Civic Center. Registration is at 9 a.m. with the seminar and Q&A beginning at 9:30 a.m. The forum will cover a number of areas including: 
  • When to charge sales tax and what's taxable
  • Implications of special charges and fees associated with sales tax
     
  • What is exempt?  How to document sales tax and tax-exempt transactions.
     
  • What is use tax and when is it due?
City tax representatives will be on-hand to answer questions and provide direction to help businesses understand city tax reporting requirements and file tax returns. To register for the seminar, please email [email protected] or call 303-289-3628 by Nov. 12. 
The City of Commerce City's Business Retention and Expansion  (BRE) Program was created as a way of strengthening relationships and communication with local businesses. The program is targeting businesses that export a product or service outside the city. These businesses range in all sizes and are considered "primary employers" because they bring new money into the local economy.
 
Primary businesses will be contacted in the first phase of the BRE Program, beginning with a business survey that will be mailed out in the next few weeks. The survey is the first step to understanding the business and its industry and any challenges they are facing. The survey will be followed up by personal visits from economic development team members. Additional program features include holding industry roundtables and the annual Business Recognition Awards Breakfast.

Commerce City appreciates the contributions that existing businesses make to the local economy. The BRE program is a way for the city to partner with businesses and help them solve any problems or challenges that are impeding growth. It is also a way to help businesses gain awareness of available resources that can assist them, such as the tax benefits of locating within an enterprise zone.

The city's economic development division recently visited Stryker by Design as part of the BRE program.  The company is female-owned and makers of American Dog, one of the several made-in-America products that are hand-stitched with durable, military-grade fabric at Stryker's Commerce City-based manufacturing site.  The City is proud to have successful manufacturing companies like Stryker by Design in the community, creating jobs and making great products.  Click here to read a recent article about the company that appeared in the Commerce City Sentinel.

If your business needs assistance with expansion or other business challenges, contact Will Consuegra, Senior Economic Development Specialist at (303) 227-8825.

Retail Cornerrc

  • Wendy's on E. 60th Avenue and Highway 85 is closed for demolition and rebuilding. The new building is scheduled to be open January 2016.

 

 

 

 

 

 

  • A new Taco Bell in the Bell Creek Shops, at 104th Avenue and Hwy 85, had its grand opening in mid-October. 

Sincerely,

 

Commerce City Economic Development Division
City of Commerce City
7887 E. 60th Ave
Phone: 303-289-3620 


Upcoming Events
Startup Orientation
10 a.m. - 12 p.m.

English
: November 12, 2015

Spanish
: December 10, 2015

North Metro Denver SBDC-Commerce City Satellite - Register 
here
Fee: $0

Click here to learn more about these SBDC workshops and register.

Sales Tax Seminar
November 13, 2015
Commerce City Civic Center
9 a.m.
Register here
Fee: $0 
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