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February - 2009 Edition: Some information may be out of date.

Innovation After Hours Recap: State Legislation Impacting Businesses

On January 21 a packed crowd gathered in the Stonehouse Grille to listen to State Representative John Kafalas speak about upcoming legislation that affects entrepreneurs and small businesses. Kefalas acknowledged that this is a most serious time in the global markets; even large entities like State and Federal governments are struggling to find funds to implement necessary programs.

The bright side of the story is that the State is committed to proposals, bills, and legislation supporting job creation and improved economic opportunities. A key economic development bill making its way through the Colorado Assembly is House Bill 1105. Sponsored by Kefalas, the Colorado Innovation Investment Tax Credit supports capital investments by "angel" investors in industries such as clean energy, bioscience, information technology and aerospace. Investors could make up to a $100,000 investment and receive a tax credit of 30 percent.

Working with a variety of stakeholders, the State is committed to restarting the economy, creating jobs, and improving their own budget process to benefit all of Colorado.

To learn more about Colorados Legislative branch visit:

Next Innovation After Hours: February 12 4-6 p.m.
Guest speaker: AVA Solar. Stonehouse Grille. RSVP to RMI (970)221-1301 or YWZ0ZXJob3Vyc0BybWkyLm9yZw==