The Colorado Enterprise Fund, in partnership with Pikes Peak Area Council of Governments, is now accepting applications for a small business grant program.
Grant awards will be a maximum of $7,000 each. The deadline for applications is Jan. 29. Funds are available for restaurants, bars, caterers, movie theaters, and gyms in El Paso County that can provide evidence of at least a 20 percent loss of revenue since March 26, 2020 as a result of COVID-19 restrictions. Businesses that received a grant award from the previous round of El Paso County Small Business Relief Grants, a Small Business Relief Program from any city or town, the federal Paycheck Protection Program or Economic Injury Disaster Loan program, or other relief program are eligible to apply and receive awards.
The funds are available as a result of Senate Bill 20B-001, which was passed during the December special legislative session. El Paso County is working with the PPACG to distribute this additional funding locally, through the 2021 Pikes Peak Small Business COVID-19 Relief Program.
“On behalf of PPACG, we are very thankful for the state legislature making these relief funds available for small businesses. We welcomed the opportunity to assist in quickly distributing these critical funds to our small businesses in need throughout the county. PPACG is proud to provide a forum for communities to work together in this way,” said PPACG Executive Director, Andrew Gunning in a news release.
Colorado Enterprise Fund will collect, process and review all grant application material, and subsequently provide the details of eligible businesses to PPACG.
“As Colorado’s small businesses continue to be impacted by the pandemic, we’ve seen how important it is for them to have multiple sources of support,” said Ceyl Prinster, President and CEO of Colorado Enterprise Fund. “Through this collaborative effort, these funds will get to those that need it most. Our goal is to make it as easy and smooth as possible.”
Applications can be submitted online.
For more information on eligibility requirements, a comprehensive list of FAQs and further details on the grant program, visit the 2021 Pikes Peak Small Business Relief Program website.