The city and county of Denver are offering the Business Impact Opportunities Fund, a program that provides assistance to small businesses in their effort to recover from economic issues caused by the pandemic. Depending on available funding, personalized job training scholarships could be a great option for Colorado-based entrepreneurs to seek financial aid. These grants, which are jointly awarded through the Colorado Community College System (CCCS) and the Colorado Office of Economic Development and International Trade (OEDIT), come in two varieties. BIPOC entrepreneurs can take advantage of the state of Colorado's funding to help them during COVID-19. Minority businesses are some of the fastest-growing businesses in Colorado; however, BIPOC companies were the most affected by the COVID-19 business closures.
Energize Colorado and Mastercard have partnered to provide small businesses with resources and education to help them digitally transform and open their digital doors. This is a great way for entrepreneurs to better understand digital marketing. Additionally, the lack of broadband and connectivity infrastructure made it difficult for rural business owners to change course and attract customers in new ways. This is especially true for companies that work in the southwestern region of Colorado, specifically in the counties of La Plata, Dolores, Montezuma, Archuleta and San Juan.
Colorado also provides tools and strategies for developing nonprofit organizations, including training, the rural action network, executive leadership support for nonprofit organizations, the Colorado Grants Guide, and other resources. Nick Armstrong is an example of an entrepreneur who knows how to use social media marketing to create connections and make a difference for his business. When looking for small business grants in Colorado, it's important to keep an eye out for new grants that come up. There are plenty of wonderful opportunities to get small business grants in different industries, sectors, and more, many of which are suitable for businesses based in your state.
However, it's important to note that most grants require that your company has passed the idea creation phase with a complete business plan and financial projections. Kanitha Snow from Kanitha Studio along with Scott Romano from Energize Colorado can help you get started quickly with a website for your company. Additionally, they can provide advice on how to focus on the opportunities that are right for you and how to ensure that you're efficiently using the time you spend on your small business grant applications in Colorado. As an entrepreneur or small business owner in Denver or anywhere else in Colorado, you may be eligible for various grants that can help you get back on your feet after experiencing economic hardship due to COVID-19. The Business Impact Opportunities Fund is one such program that provides assistance to small businesses in their effort to recover from economic issues caused by the pandemic. Additionally, BIPOC entrepreneurs can take advantage of state funding specifically designed to help them during this difficult time.
Energize Colorado and Mastercard have also partnered up to provide small businesses with resources and education on digital marketing. This is especially beneficial for rural business owners who lack access to broadband or connectivity infrastructure. Furthermore, there are plenty of other resources available such as training programs, executive leadership support for nonprofits, and more. When applying for small business grants in Colorado, it's important to have a complete business plan with financial projections ready. Additionally, Kanitha Snow from Kanitha Studio along with Scott Romano from Energize Colorado can help you get started quickly with a website for your company as well as provide advice on how to focus on the right opportunities.