DENVER —The National Endowment for the Arts (NEA) announced that Colorado Creative Industries (CCI) will receive $827,800 in the first round of federal funding through the American Rescue Plan (ARP). This emergency funding is designed to support Colorado’s creative sector from the devastating impact of the COVID-19.
Small Business Support
As part of the Shop Local Colorado campaign this May, we encourage shoppers to celebrate the mothers in their lives while also supporting local, small businesses across the state.
We invite business owners and community partners to use the #ShopLocalColorado toolkit to share the shop local messaging and urge all Coloradans to shop locally, support our small businesses and boost their local economy.
COLORADO - Today, the Colorado Department of the Treasury, Colorado Housing and Finance Authority (CHFA), and Office of Economic Development and International Trade (OEDIT) launched the Colorado Loans for Increasing Mainstreet Business and Economic Recovery (CLIMBER). CLIMBER is a statewide loan fund that will provide up to $250 million in working capital to Colorado small businesses through 2023.
The #ShopLocalColorado campaign this April celebrates Earth Day by highlighting sustainable products and initiatives by outdoor recreation and renewable energy businesses throughout Colorado. We invite business owners and community partners to utilize the #ShopLocalColorado toolkit to share the shop local message and encourage all Coloradans to shop locally, support our small businesses and boost our economy.
The Advance Colorado Procurement Expo is typically an annual day-long event for businesses to showcase their goods and services to local and state government agencies, attend workshops and network. The event usually takes place each fall, but was postponed in 2020 due to COVID-19.
The Colorado Employee Ownership Office will soon open another round of grant funding of $3,000 to businesses converting to an employee ownership business structure. This may seem surprising, but the movement of businesses converting to employee ownership is increasing every day in Colorado. Employee ownership isn’t just about numbers and contracts, it’s about choosing a business model that brings out the best in its employees and leadership.
DENVER -- The Colorado Small Business Development Center Network, a division of the Office of Economic Development and International Trade (OEDIT), will celebrate National SBDC Day on Wednesday, March 17.
mountainFLOW Eco-Wax continues to grow support with “Shark Tank” appearance
Peter Arlein, founder and owner of Colorado-based mountainFLOW eco-wax, was incredulous at the email he was reading. A scout for the hit television show, “Shark Tank”, had seen him at the 2020 Outdoor Retailer at the Colorado Convention Center and wanted to know if he was interested in possibly being on the show.
Payroll Protection Program Provides Priority Loan Access for Small Businesses with Fewer than 20 Employees
Priority Window For Forgivable PPP Loans Opens Wednesday February 24
DENVER – Colorado’s small businesses with fewer than 20 employees will receive a fourteen-day priority access window to apply for federal Paycheck Protection Program loans beginning February 24, 2021. Sanctioned under the Congressionally approved Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act in December, the current pool of PPP loans is reserved for small businesses whose revenues are still experiencing a 25% decrease from pre-pandemic levels.