Has anyone seen an update for this Civ4 mod to work for Colonization? Love using this in Civ4 because the in-game fonts are hard to read on my laptop.

There will be no CivScale tool for CivCol. But the text scaling functionality you are looking for is available in the new BlueMarble tool for CivCol:
http://www.civfanatics.net/bluemarble

Thank you.