Small Business Relief Grant

Colorado Senate Bill 20B-001 Funding

 

Applications are being accepted through 5 p.m. on March 5.

Douglas County has applied to the state for its allocation of Colorado Senate Bill 20B-001 funding to issue small business relief grants. Eligibility and application requirements have been determined by the state.  As a result, the application will be open for a period of 21 days and funding allocations will be determined after all applications have been received.

Eligibility

Eligible businesses as defined in SB20B-001 include:

  • Restaurants
  • Bars (includes establishments like a Winery, Brewery, Distillery, etc.)
  • Caterers
  • Movie Theatres
  • Gyms & Recreation Centers

Grants* will be awarded based on 2019 sales or revenue established in the legislation.

  • Revenue less than $500,000, eligible for a grant up to $3,500
  • Revenue greater than $500,000 but less than $1 million, eligible for a grant of up to $5,000
  • Revenue greater than $1 million, eligible for a grant of up to $7,000

*Final grant award amounts will be determined after all applications have been received.

Qualifications

In order to qualify for funds a business must:

  • Provide evidence of a minimum of 20% revenue loss compared to 2019 sales or revenue, if opened prior to January 1, 2020
  • Have been operating prior to March 26, 2020
  • Be currently operating within Douglas County with headquarters in Colorado
  • Commit to operate for the next six months
  • Have a valid business license and be in good standing with the Colorado Secretary of State’s Office
  • Not receive funding from other grants established in SB20B-001 (“Arts Relief Program” or the “Minority-Owned Business Relief Program”)
  • Have a minimum of 1 employee or a sole proprietorship

Application Process

Applications are being accepted through March 5, 2021.

Please be prepared to submit the following information at the time of application:

Applicants will receive a confirmation email upon application submittal. Applicants may be contacted for follow-up questions by County staff.

Questions may be directed to [email protected] or 303-660-7460.

Deadline

Applications will be accepted through 5 p.m. on March 5, 2021.