support & incentives

huerfano county

huerfano county economic development

  • Board of Directors:

    • Lola Spradley, Co-President

    • Karen C. Wilson, Co-President

    • Debbie Channel, Treasurer

    • Melinda Riggle, Secretary

    • Wynnelle Turner

    • Kerrie Meyler

    • Stan Mann

    • John Galusha

    • Al Gorden

    • Max Vezzani (Appointed by Huerfano County)

    • Tim Tady (Appointed by the Town of La Veta)
       

spanish peaks business alliance

  • Networking, education, promotion and advocacy. 

  • The vision is to expand the network of communication and collaboration among businesses of the Spanish Peaks region, and to complement the work of Huerfano County Economic Development Inc. and the Tourism Board.  The Alliance will serve the larger regional business community including all of Huerfano County as well as neighboring partner communities of the Highway of Legends such as Aguilar, Stonewall and Weston.

  • Board of Directors

    • President, Sarah Jardis of the Spanish Peaks Guesthouse and Code of the West Real Estate

    • Vice President, James Shoff of Iconic Dental

    • Secretary-Treasurer, Kelly Delia of Crafted in Colorado

    • Director for Programing, Aubrey Lykins of Crafty Canary Brewery

    • Director for Marketing, Michelle Tschetter of Zooma Design

  • Bylaws

  • For more information, visit spba.huerfano.org

opportunity zones

  • Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development and job creation in distressed communities throughout the country and U.S. possessions by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements.

  • The Walsenburg Census Track is a Qualified Opportunity Zone.

  • For more information, visit: https://choosecolorado.com/programs-initiatives/opportunity-zones/

sba hub zone

  • Contracting Advantage

    • The HUBZone program gives preferential treatment to businesses in historically underutilized business zones.

    • Joining the program makes a business eligible for the program’s set-aside contracts and certain limited competition contracts

    • HUBZone-certified businesses get a 10% price evaluation preference in full and open contract competitions

    • Participating businesses can still compete for contract awards under other programs.

  • Huerfano County is a HUBZone and small businesses within the County can take advantage of the benefits of the program

  • Program Qualifications:

    • Be a small business under SBA rules, that is at least 51% percent owned by US Citizens, a Community Development Corporation, an agricultural cooperative, or an Indian tribe

    • Have the principal office of the business located in a HUBZone

    • Have at least 35% of employees live in a HUBZone

  • Prospective applicants have to create an account with the SBA and have:

    • a DUNS number,

    • a Central Contractor Registration, and

    • a Dynamic Small Business Search profile.

  • For more information go to: www.sba.gov/HUBZone

enterprise zone

  • Huerfano County is an enhanced rural enterprise zone.  This status makes Huerfano County businesses eligible for a number of incentives such as:

    • New Employee Tax Credit

      • Since Huerfano County is an Enhanced Rural Enterprise Zone and businesses qualify for a $2,000 credit per new employee

    • Investment Tax Credit

      • Businesses investing in Enterprise Zones through business personal property can earn a 3% tax credit

    • Job Training Credit

      • Companies that implement a qualified job-training program 12% of their eligible costs.

    • Employer Sponsored Health Insurance

      • $1000 per net new employee insured under a qualified health plan for which the employer pays 50% of the costs

    • Vacant Commercial Building Rehabilitation

      • 25% of the rehabilitation costs for a building that has been vacant for 2 years.  Limited to $50,000

    • Commercial Vehicle Investment

      • Investment in commercial trucks, tractors, or semi-trailers registered in CO and based in an Enterprise Zone quality for a 1.5% credit

  • For more information visit ChooseColorado.com/ez

Huerfano County Economic Development Inc.
400 Main Street, Ste A
Walsenburg, CO 81089

719.738.3000 x111

contact us

All photos by Huerfano County Tourism Board except otherwise captioned.