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Industries

Colorado welcomes your business.

Colorado offers compelling incentives to grow your pharmaceutical company, a network of research universities focused on innovation, and one of the largest bioscience districts in the country.

Our state attracts the best bioscience talent, ranking No. 2 for residents with a bachelor's degree. In fact, Forbes magazine named Colorado the fifth-best state for business in 2011 and No. 1 for labor supply.

While Colorado's mild climate and wealth of recreational activities make it the perfect environment for Energetic Bodies, its educational and cultural opportunities make it the ideal place for Energetic Minds.

Why Colorado?

  • The state's corporate income tax rate is a flat 4.63 percent—the lowest rate among states that assess an income tax.
  • Colorado's single factor tax apportionment assesses taxes on a company's sales in Colorado only.
  • The state of Colorado and local governments provide incentives that focus on job creation, employee training, tax rebates, and expedited permitting and licensing, including the Job Growth Incentive Tax Credit for companies creating 20 or more jobs.
  • Qualified taxpayers can seek a refund every year for all Colorado sales and use taxes on purchases of tangible personal property used directly and predominately in biotechnology research and development. 
  • Industry support and advocacy is available through the Colorado BioScience Association, which is working to create a premier bioscience cluster within the state. 
  • Major pharmaceutical companies dot the landscape including Amgen, Array Biopharma, Inc.,GlobeImmune, Inc., Heska Corporation, and Roche Colorado Corp.
  • Pharmaceutical employment in Metro Denver has grown 5.2 percent over the past five years.
  • The Fitzsimons Life Science District and the adjacent Anschutz Medical Campus are among the most ambitious medical developments in the country. When complete, the $5 billion project encompassing 578 total acres and more than six million square feet of new real estate will be a world-class scientific community offering cutting-edge space, services, and support to more than 43,000 bioscience professionals. 
  • Colorado ranks No. 8 in the nation in science and engineering doctorate holders as a percent of the workforce. The state's universities and research facilities are turning ideas into discoveries and making medical breakthroughs with significant worldwide impact.