Applications will open on August 31!
The Energize Colorado Gap Fund will provide more than $25M in small business loans and grants to boost small business enterprises that are the economic engines throughout the state. Sole proprietors, businesses, and nonprofits with less than 25 full-time employees can apply for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance. The application is not currently available, it will launch this month and will be accessible through this web page. Sign up here to receive updates about the Gap Fund.
Anyone eligible is welcome to apply. Preference will be given to small businesses:
- majority-owned by minority, women, or veterans
- located in a rural area
- that have not been successful in pursuing and/or receiving funds from the EIDL, Paycheck Protection Program and Health Care Enhancement Act
Applications and awards will be done in rounds to allow us to provide assistance through December 2020. The process will not be first-come-first-serve, it will be a competitive process that will help those in need to receive priority access to assistance. Click HERE for information, eligibility, and how to apply.