Arapahoe County is launching a $6 million grant program targeted to small and medium-sized businesses in Arapahoe County to ease the current economic burden resulting from the COVID-19 Pandemic and provide support to retain jobs in the community.
Two grant categories will be available:
- Business Interruption
- Grant can be used to support the operational needs of the business such as lease/mortgage payments, utility expenses, payroll expenses, supplies and services, materials. (If grant funding was received by the business within the past 6 months, the amount received will be deducted from the award.)
- Grant amounts will be determined by number of employees
- 1-50 Up to $10,000
- 51-250 Up to $15,000
- 251-500 Up to $20,000
- Funds can be used to purchase items needed to adapt your business to new processes or items needed to operate in a different manner due to the COVID-19 crisis, including PPE. This grant will reimburse items purchased back to March 1, 2020, used to safely adapt and/or change your business to operate within the COVID-19 pandemic. The program will also allow you to plan future expenses and be reimbursed at the time of the expense through November 30, 2020.
- Maximum amount up to $20,000
The application process for the Arapahoe County COVID-19 Business Impact Assistance Grant Program opened on June 22. The streamlined application process is designed to be quick and easy, with applications due by July 3, 2020, or until the funds have been depleted.
More information and qualifications and a link to apply can be found HERE.