Greeley Area Recovery Fund is Still Active
Early on during the health and economic crisis, we collaborated with our partners from the Greeley Area Chamber of Commerce, Downtown Development Authority, and East Colorado Small Business Development Center to explore our best options for assisting our local businesses hardest hit by the pandemic. The city committed the first $250,000 to a recovery fund to provide emergency grants to businesses, based on simple qualifying criteria. The Greeley Area Recovery Fund (greeleyarearecoveryfund.com) has now raised in excess of $620,000 and has to date, awarded over 135 grants to businesses totaling over $300,000. These grant funds can be used for marketing, payment of utilities, rent, payroll or other immediate business operating expenses. The top industries served to date have been restaurants, coffee shops and bars, retail and personal services. This relief will continue, even as businesses prepare to reopen in the days and weeks ahead.
Updates on Energize Colorado Gap Fund
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.
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 receive priority access to assistance.
Energize Colorado Gap Fund applications will go live this month. Colorado small business owners 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.
Gap Fund technical assistance is now available to answer simple questions through our website. It can even help you prepare documentation ahead of time for when the application is released.
You can call 1-800-471-0628 (7 days a week from 6 am to 6 pm) or e-mail
GapFundSupport@energizecolorado.com.
For more information, read through the
Gap Fund's Frequently Asked Questions. To be notified when the application opens, sign up for Energize Colorado email updates.