The Office of Economic Development and International Trade has developed the following list for alternative funding sources beyond the common Economic Disaster Loans and Paycheck Protection Program.
Colorado Lending Source
The Colorado COVID Relief Fund’s purpose is to raise and coordinate allocation of funds based on prevention, impact and recovery needs of community-based organizations in Colorado. This Fund is organized to ensure that the most acute community needs across the state are being addressed and that community voice is reflected in all funding decisions made over time. Through this Fund, eligible community-based organizations across Colorado may receive a general operating grant of up to $25,000. More information here.
- Reopening Ideas
- Colorado Creative Industries Response and Resources for COVID-19
- Adolph & Esther Gottliab Foundation
- CO Artist Relief Fund
- COVID0-19 Creatives Relief Grant
- CARES Act Grant Guidelines
- Guidance from LED
- Delivery and Takeout Sales Under Executive Orders
- Emergency Warning Label for Takeout and Delivery
- The Colorado COVID Relief Fund’s purpose is to raise and coordinate allocation of funds based on prevention, impact and recovery needs of community-based organizations in Colorado.
- CARES Act provisions for nonprofits
- Philanthropy Colorado has a comprehensive page of resources and information for nonprofits - check regularly for updates
- Colorado Creatives Relief Fund Grant ($4,000-$8,500, apply by May 13, former recipients of Colorado Creative Industry funding only)
- Community Resource Center Roundtables (resources for Colorado nonprofits responding to COVID-19, times vary on Wednesdays)
Regulated Marijuana Businesses
Restaurants & Bars
The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to President signing the program's extension legislation. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.
There has been updated guidance for small casinos to apply for the Paycheck Protection Program. Our state senator's office shared the following information:
Part III.2.b. of the Third PPP Interim Final Rule (85 FR 21747, 21751) is revised to read as follows:
Are businesses that receive revenue from legal gaming eligible for a PPP Loan?
A business that is otherwise eligible for a PPP Loan is not rendered ineligible due to its receipt of legal gaming revenues, and 13 CFR 120.110(g) is inapplicable to PPP loans. Businesses that received illegal gaming revenue remain categorically ineligible. On further consideration, the Administrator, in consultation with the Secretary, believes this approach is more consistent with the policy aim of making PPP loans available to a broad segment of U.S. businesses.
The Colorado Small Business Development Center also offers disaster preparedness services as well as business consulting at no-cost. Visit their Disaster Preparedness page to learn more about various grants, loans, and other assistance made available amidst COVID-19.
Every Friday they are cohosting a business update. The Northwest session is at 1 pm.