Upslope Brewing OKed for city rebates
Upslope was founded in 2008 by Matt Cutter. The company brewed beer and had a taproom in an industrial park on Lee Hill Road. The company is expanding and adding new equipment, according to the release.
Upslope wanted to stay in Boulder, and the rebate helped, Cutter said.
"This program is critical in helping a boot-strapped, fast-growing company like ours to stay in Boulder," Cutter said in the release. "Boulder is our home and community. It's where our employees and their families live, and it is an important part of our brand. The Flatiron Park brewery project is extremely complex and expensive. This rebate will go a long way to help ensure we continue to do business in Boulder."
According to the city, Upslope Brewing's application is the sixth approved 2012 flexible rebate application. The city's approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers. The city can create specific incentive packages for tax and fee rebates to meet a company's needs. Company granted rebates receive the rebate after it has made its investment and paid the taxes or fees to the city.
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