Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19.
The loan fund will prioritize issuance based on need, so if your small business is struggling this is the grant program for you. You also must have fewer than 25 FTE and have your business registered in Colorado.
With a total fund size of more than $25M, that’s a lot of cheap/free money. Although the application is not open yet, we expect applications to open in the coming days.
Energize Colorado has lots of other free resources for small businesses. Click here for more info.