Small Business Funding Options#
Colorado OEDIT's Business Foundations Technical Assistance Program
The Business Foundations Technical Assistance program provides Colorado small businesses with technical assistance and small grants to help businesses legally establish themselves. This program includes 3 required training paths for business to complete: Legal Formation and Registration, Accounting and Finance, Digital Marketing and E-commerce.
Once completed participants may be eligible to apply for grants up to $1,200.
- Any Colorado small business can take advantage of this program.
Colorado Enterprise Fund
The Colorado Enterprise Fund works with business owners and entrepreneurs who have previously had trouble securing a loan, need a smaller-than-average loan, or haven't borrowed money before. They provide loans up to $150,000 with low interest rates to start and/or grow your business.
The program also provides limited grant funds of up to 20% or $15,000 of the loan amount for startup businesses who have already been approved.
- for profit entity
- 25 or less full-time employees
- less than $2 million/year gross annual revenue
Prairie Rose Development - Kiva Loans
Prairie Rose Development has partnered with Kiva, an international non-profit, to provide crowdfunded, 0% interest, and no fee small business loans up to $15,000. The Kiva Colorado team through Prairie Rose Development works with small businesses and entrepreneurs through the entire application, fundraising, and repayment process to help them succeed.
- at least 18 years of age
- registered U.S. business
- not currently in bankruptcy or foreclosure
- not a franchise or multi-level marketing