Funding Assistance:
Business Impact Assistance Program - sponsored by City of Fountain
*The Program is open to small businesses and restaurants with a brick-and-mortar presence within the City’s boundaries, including locally-owned franchises, that can document negative financial impacts resulting from COVID-19 such as increased costs, reduced revenues, reduced operating hours, employee layoffs/furloughs/pay cuts, etc.
*Apply Today! New Eligibility Criteria August 2020
El Paso County Regional Relief Business Fund
A competitive grant application process through the new, multi-million dollar EPC Regional Business Relief Fund as part of their Response, Recovery, Resiliency efforts. These grants (up to $20k) will assist small business most in need with their business related costs incurred due to the COVID-19 economic disruption.
Application period is open August 12 - September 7, 2020 - click here to learn more
Re-Tooling Workforce Training Grant - sponsored by Skill Advance CO
* State
training funds for employee re-skilling and upskilling training efforts through
Colorado First and Existing Industry grants to address COVID-19
Paycheck Protection Loans (PPP)
* 8 weeks of cash flow
* Simplified Criteria, Eligibility, and Application Form
Sole Prop., Independent Contractors, Self-Employed are eligible
* Applicable funds for Payroll, Rent, Utilities, Mortgage, etc.
* Forgivable Loan IF rehire/retain employee workforce by end of year
* MUST WORK THROUGH LOCAL BANK INSTITUTION
List of Certified Bank Institutions
Application Form
(4.15.20 SBA Press Release)
Forgiveness Calculator Tool
Local Emergency Relief Funding – hosted by Exponential Impact + Pikes Peak Community Foundation
* Low Interest Loans up to $25,000 - enrollment Now Open
* Any business within El Paso County is eligible (no Size or Type restrictions)
* Mentorship, Resources, and Support Resiliency Services for Small Business community
* Application and FAQ available online
Economic Relief Fund – hosted by State of Colorado
* General Operating Grants up to $25,000
* Rolling every two-week Application Windows – enrollment Now Open
* Application and FAQ available online
COVID19 Small Business Alternative Funding - State of CO database
Main Street Loans - hosted by Colorado Lending Source with State of CO
* $5,000- $25,000 loans with variable interest rates
* Low to Moderate, Under-served Communities eligibility