As cases of COVID-19 continue to rise throughout the country, so does its impact on our economy. The announcement represents the second round of funding under the RISE grant program, which emphasizes cooperative programs between school districts, charter schools, … The Recover Colorado Business Grant program, managed by the Office of Economic Development and International Trade (OEDIT), assisted small businesses and non-profits following these unprecedented disasters. Statehouse Democrats on Sunday unveiled eight coronavirus relief bills they will prioritize during Colorado’s special legislative session, which begins Monday and will run at least three days. Denver Mayor Michael Hancock has announced an economic relief package for local businesses hurt by closures and other social distancing measures as the novel coronavirus spreads throughout Colorado. A preference is given for a small business that did not qualify for or receive a paycheck protection program loan; is majority owned by veterans, women, or minorities; or is located in a rural area. States: CO. Covid-19 Policy Agenda. © 2021 Colorado Public Radio. The applicant must prove that the business has experienced a loss of revenue due to Public Health Orders enacted for COVID-19. Landlords can already apply directly to the Property Owner Preservation program, which will pay rent if a tenant can’t. Small Business Relief Grant Colorado Senate Bill 20B-001 Funding Douglas County has applied to the state for its allocation of Colorado Senate Bill 20B-001 funding to issue small business relief grants. The office must submit reports on the grant program to the committees of the general assembly with jurisdiction over business affairs. The districts can apply to spend the money on broadband subscriptions and personal devices, although some districts could also invest in wifi transmitters and other infrastructure. The state already has the information it needs to start the payment process for most, and Pettersen said the government would also reach out in English and Spanish to get the money to businesses. Refer Senate Bill 20-222, as amended, to the Committee of the Whole. DENVER — Denver has established an initial relief fund of $4 million to soften the blow for small businesses suffering in the wake of the … She expected the money would go to about 2,600 businesses. Small Business Grants COVID-19 Relief: Where to Find Free Money in 2020 . Businesses from a wide range of sectors may apply. Last week, Gov. 116-127] and any … Colorado awarded $27 million in education grants to 19 programs aimed at helping students in communities hit hard by the pandemic, Gov. Call to Mind Presents: Life’s Not On Hold — Teens Navigate Missed Milestones, Turn The Page With Colorado Matters: Other People’s Pets, News That Matters, Delivered To Your Inbox, It’ll Be Years Before Colorado Jobs Bounce Back From Their Pandemic Hit, Critics Question Push To Expand ‘5-Star’ Program That Exempts Businesses From Certain Coronavirus Restrictions, ‘We’re Almost There’: Polis Expects 1st COVID-19 Vaccine Doses As Soon As Next Week, Colorado’s Child Care Landscape Is Shrinking In The Coronavirus Pandemic. Refer Senate Bill 20-222 to the Committee on Appropriations. The money is for businesses with less than $2.5 million of revenue. “I looked at segments of my district and they were not even remotely prepared to go online,” Soper said. In an effort to help small businesses navigate recent changes, the National SBEAP website now has a COVID-19 page. The federal money must be spent by December 30, 2020. Local loans and grants to Colorado Springs and El Paso County businesses during the COVID-19 pandemic supported nearly 8,000 jobs and resulted in $757 million worth of goods and services produced in the local economy. Colorado small businesses suffering from the effects of the coronavirus will be able to apply for grants and loans under a new state program, Gov. The Recover Colorado Business Grant program, managed by the Office of Economic Development and International Trade (OEDIT), assisted small businesses and non-profits following these unprecedented disasters. 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Through funding from the federal CARES Act program, the city provided eight different grant opportunities to Englewood businesses (including home-based businesses) and non-profit organizations. The intent of these funds were to enable businesses to maintain operations and retain employees for the continued economic health of … Eligibility and application requirements have been determined by the state. The SBA Disaster assistance provides low-interest federal loans for working capital to Colorado small businesses that have realized economic injury from COVID-19. Concerning a grant program for small businesses affected by economic hardship caused by the COVID-19 pandemic that is financed by money received from the federal government pursuant to the "CARES Act", and, in connection therewith, making an appropriation. SBA Disaster Loan SBA Offers Disaster Assistance to Colorado Small Businesses Economically Impacted by the Grizzly Creek Fire Read More LEADING EDGE Build a comprehensive business plan. The Grants Unit provides strategic direction to the implementation of the CORE Grant Lifecycle Management (GLM) Modules, develops the grant community, provides comprehensive GLM Training and other GLM related resources for end users, develops and maintains statewide GLM policies and procedures, and assists the CORE Helpdesk on GLM tickets. Funding is intended for applicants in eligible industries that have been heavily impacted by the pandemic. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. The Colorado Artist Relief Fund supports artists experiencing economic distress as a result of the COVID-19 pandemic. Applications are open for Jefferson County’s Colorado Small Business Relief Grant Program, providing funds to businesses struggling because of the COVID-19 pandemic. Please visit HelpColoradoNow.org for more information and resources on the State of Colorado… COLORADO SPRINGS — With the $2 trillion coronavirus stimulus bill passed into law there's about $350 billion that will go toward loans for small businesses. The Baker Administration on Thursday announced nearly $68 million in awards to hundreds of small businesses in the second round of grants through Massachusetts’ COVID-19 Small Business Grant Program. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, is designed to encourage Eligible Employers to keep employees on their payroll, despite experiencing economic hardship related to COVID-19, with an employee retention tax credit (Employee Retention Credit). Loans, tax relief and cash grants are available; Employers might be eligible for financial support to pay wages What does this mean for business owners? Skill Advance Colorado COVID-19 Emergency Response Program . Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. Colorado’s rural health departments under stress from COVID-19, understaffing Covell said his business closed voluntarily for the public … The money will go to a network of nonprofits coordinated by the investment group Impact Charitable. Read More Colorado Covid Legal Relief (CCLR) Read More COVID-19 Small Business Response Resources Read More East Colorado SBDC Named SBA Region 8 SBDC Center of Excellence & Innovation 2019 Award … Colorado. First Regular Session | 73rd General Assembly. About $45 million will help licensed childcare facilities sustain themselves and expand as they struggle with pandemic shocks to their businesses. The Lendio grant program closed on July 7, 2020. There is no income limit for the program, but it will only pay up to a certain amount in rent. Sole proprietors, businesses and nonprofits with fewer than 25 full-time employees may apply for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance. Some counties will take less time,” said state Sen. PUEBLO, Colo. — Small businesses who are forced to shut their doors due to tightening COVID-19 restrictions are now able to apply for the third and final round of … … Apply for a one-time Small Business Relief grant today. 58 county and state emergency operations centers activated. The Lookout daily email brings you a closer look at the issues that affect you with a rundown of important fact-based reporting — with a side of Colorado flavor. Grants of up to $7,000 to Colorado small businesses in eligible locations for support during the Coronavirus (COVID-19) health crisis. Jefferson County- State Small Business Relief Grant Program* Alameda Small But Mighty Grant* Colorado Restaurant Foundation Winterization Grant. Share. This memorandum provides an overview of federal, state, and local programs to assist small business owners and employees in Colorado during the economic instability caused by the coronavirus (COVID-19). Grants in the first two rounds were awarded to local businesses with 25 or fewer employees ($2.82M). County and local governments will apply to the state for the money early in 2021, and then they will open grant programs of their own. Grants to Colorado small businesses in eligible locations to mitigate the financial impact of the Coronavirus (COVID-19) pandemic. As a small business owner, you likely are always looking for money to grow your business, and when something like a global pandemic hits, that need only increases. A total of $3.3M of funding from the Coronavirus Aid, Relief, and Economic Security (CARES) Act provided a boost to the local economy. J. Arndt, Rep. K. Becker, Rep. A. Benavidez, Rep. S. Bird, Rep. R. Bockenfeld, Rep. P. Buck, Rep. J. Buckner, Rep. B. Buentello, Rep. Y. Caraveo, Rep. R. Champion, Rep. L. Cutter, Rep. M. Duran, Rep. D. Esgar, Rep. T. Exum, Rep. M. Froelich, Rep. A. Garnett, Rep. T. Geitner, Rep. L. Herod, Rep. E. Hooton, Rep. D. Jackson, Rep. S. Jaquez Lewis, Rep. C. Kennedy, Rep. C. Kipp, Rep. T. Kraft-Tharp, Rep. L. Landgraf, Rep. L. Liston, Rep. S. Lontine, Rep. J. McCluskie, Rep. H. McKean, Rep. B. McLachlan, Rep. J. Melton, Rep. D. Michaelson Jenet, Rep. K. Mullica, Rep. R. Pelton, Rep. D. Roberts, Rep. L. Saine, Rep. S. Sandridge, Rep. J. SBA Disaster Loans. Therefore, Jefferson County is proud to announce the opportunity for both nonprofits and small businesses to apply for relief and receive funding, via the CARES Act, to address the COVID-19 emergency in Jefferson County. The Energize Colorado Gap Fund is providing more than $25 million in small business loans and grants to boost small businesses impacted by COVID-19. As a result, the application will be open for a period of 21 days and funding allocations will be determined after all applications have been received. Proceeds from every purchase go to support the news and music you love. The Colorado Small Business Development Center Network (SBDC) is here to help businesses affected by recent disasters in Colorado, including how to respond to the current health crisis. In order to qualify for assistance programs as a small business, a business must meet certain size standards that vary according to the program. In order to qualify for assistance programs as a small business, a business must meet certain size standards that vary according to the program. by Susan Guillory January 18, 2021. Business Finance. Awards and Disbursement of Funds. Colorado COVID Relief Fund Application This website is no longer in use. Priority is given to businesses that are the most vulnerable to closure. The act creates a small business COVID-19 grant program, financed by $20 million from the federal money allocated to the state pursuant to the federal "Coronavirus Aid, Relief, and Economic Security Act", also referred to as the "CARES Act". Jared Polis said Wednesday. Eligible businesses must … The state Department of Human Services will open applications and is required to award most of the money by the end of February, according to the bill. Philadelphia: The city’s COVID-19 Small Business Relief Fund is providing immediate relief to local small businesses in the form of grants and zero-interest loans. Applications could open in December and the money could follow in January, Colorado Politics reported. Where Will The Latest Round Of Colorado Coronavirus Relief Money Go? The applicant must demonstrate how the grant will pay for rent/mortgage or salaries for low-to-moderate income employees. You can find out more about small business support measures specific to the devolved nations on gov.uk. The intent of these funds were to enable businesses to maintain operations and retain employees for the continued economic health of these heavily impacted areas. Funds must benefit b... GrantWatch ID#: 193312. Applications must be submitted by midnight of Wednesday, January 27th. These grants provide $7.5 million to support arts, cultural and entertainment artists, crew members, and organizations affected by the COVID-19 pandemic Colorado Business Resource Book This complete guide helps anyone start and run a business in Colorado. 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