Business Resources

OEDIT

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. 

Crowdfunding Loans

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.

The EIDL program is no longer accepting new applications. The SBA Express Bridge Loan and SBA Debt Relief programs are still providing funds/relief and you may explore alternative funding sources here.

 

Arts

Liquor

Nonprofits

Regulated Marijuana Businesses

Restaurants & Bars

Retail

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.