Weld County Business Recovery Program
For the balance of the year, the Weld County Business Recovery Program will continue. Weld County and participating communities, including Greeley, have directed a portion of our Federal CARES Fund dollars to fund this program, which is managed by our partners at Upstate Colorado. The Greeley Area Recovery Fund will remain suspended while these dollars are deployed through the county and will resume in 2021.
Application ProcessThe first round of applications has closed. 86 Greeley businesses applied for $819,004. Program wide applications were 215. Greeley represents 40% of applications county-wide. Committee meetings will yield grants being disbursed by end of October. The next round of applications will run from October 15 – November 17. As with the first round, an Application Review committee, comprised of stakeholders throughout Weld County, will determine eligibility and grant amounts. Once funding decisions are made, applicants will receive a notification that will outline all terms and conditions of receiving the grant. View the entire list of guidelines and submit an application at
weldrecovery.com.
Energize Colorado Gap Fund Launched in early September, 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.
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. Program Link:
energizecolorado.com/gap-fund.