Support & Incentives

huerfano county

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

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/

Huerfano County, Walsenburg, and La Veta are all designated Rural Jump Start Zones. These Zones provide a variety of tax credit incentives for businesses not currently operating that either start up in Huerfano County or move to it from outside Colorado, and export goods and/or services outside the County, or provide unique goods and/or services that people come from outside the County to purchase. Rural Jump Start Zones provide tax credits for-
- 100% of County and municipality business personal property taxes
- a portion of State income and sales and use taxes
- 100% of State income taxes for new employees for the business who have been employed for at least six months.
These tax credits extend for four years, with the possibility of extending them for another four years. Businesses must apply to participate in the Zone through Huerfano County Economic Development. Businesses accepted into the Zone can apply for a Rural Jump Start Zone Grant of up to $20,000 and $2,500 per new hire
For more information, visit: https://oedit.colorado.gov/rural-jump-start-program

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