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What is Colorado state doing to grow Employee Ownership?

Published on 2025-02-17 | Last edited on 2025-02-17
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Short Answer

Colorado established an employee ownership office in 2020 and a tax credit program in 2021 to incentivize conversions. The program has grown, with expanded eligibility and funding in 2023 and 2024. Proposed legislation aims to solidify the program and further support employee-owned businesses. Since 2019, Colorado has seen over 200 conversions, with a focus on rural areas.

#EO in Colorado

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