COVID-19 Grants, Loans & Resources for Businesses

The ripple effects from the pandemic are being felt across all industries. There are several resources available for businesses to support your operational efforts.

Financial Assistance 

Colorado Startup Loan Fund

The Colorado Office of Economic Development & International Trade (OEDIT) will be administering the Colorado Startup Loan Fund later this year. The Colorado Startup Loan Fund provides loans and small grants to Colorado entrepreneurs and small business owners needing capital to start, restart, or restructure a business, and those who are not able to obtain a loan from traditional lenders. This is a revolving loan fund, meaning the dollars will be used to continue supporting new entrepreneurs as loans are repaid. 

 The fund will focus on:

  • existing businesses that need to restructure, redefine their business model, or recapitalize as a result of the COVID-19 pandemic
  • new businesses filling gaps left in a community or industry by closures resulting from the COVID-19 pandemic
  • entrepreneurs who experienced financial losses or other impacts from the COVID-19 pandemic that may inhibit their obtaining capital through traditional sources
  • people that face barriers to accessing capital from traditional sources

Program details including eligibility and the application process are being defined. Applications will open in late 2021. Check out the ODEIT website for more details and to sign up for program notifications.  

Coronavirus Relief Options

There may be various financial relief options available through the federal government. This may include the Paycheck Protection Program, Economic Injury Disaster Loan, SBA Express Bridge Loans, SBA Debt Relief or other options.

State of Colorado

The State of Colorado has compiled a list of available business and non-profit resources related to the ongoing emergency. 

Small Business Administration (SBA) Assistance

The Small Business Administration provides a list of available resources to assist businesses.

SBA - Shuttered Venue Operators Grant

The Shuttered Venue Operators Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the Small Business Administration’s Office of Disaster Assistance.

Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

Eligible entities include:

  • Live venue operators or promoters
  • Theatrical producers
  • Live performing arts organization operators
  • Relevant museum operators, zoos and aquariums who meet specific criteria
  • Motion picture theater operators
  • Talent representatives
  • Each business entity owned by an eligible entity that also meets the eligibility requirements.

Applications can be found at the Small Business Administration: Shuttered Venue Operators Grant

SBA - The Restaurant Revitalization Fund

The Restaurant Revitalization Fund, part of the American Rescue Plan Act, will provide $28.6 billion in grants to restaurants and bars in need. This fund will offer grants to hard-hit restaurants and bars, with restaurants able to apply for grants based on lost revenue. Five billion dollars of that total will be set aside expressly for businesses with 2019 gross receipts of less than $500,000.

Funds may be used to pay for these expenses incurred between February 15, 2020, to December 31, 2021:

  • Payroll costs
  • Principal and interest payments on a mortgage, not including any prepayments on principal
  • Rent payments, not including prepayments
  • Utilities
  • Maintenance expenses including construction to accommodate outdoor seating and walls, floods, deck surfaces, furniture, fixtures, and equipment
  • Supplies including personal protective equipment and cleaning materials
  • Food and beverage expenses within the eligible entity's scope of normal business practice before the covered period, which runs from Feb. 15, 2020, through Dec. 31, 2021, or another date as determined by the SBA
  • Covered supplier costs
  • Operational expenses
  • Paid sick leave
  • Any other expenses the SBA determines to be essential to maintaining the eligible entity

Most restaurants and bars that lost revenue in 2020 versus 2019 will be eligible to apply for grants. These types are eligible:

  • Restaurant
  • Food stand
  • Food truck
  • Food cart
  • Caterer
  • Saloon
  • Inn
  • Tavern
  • Bar
  • Lounge
  • Brewpub
  • Tasting room
  • Taproom
  • Licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or purchase products

Applications can be found at the Small Business Administration: Restaurant Revitalization Grant


COVID-19 Support Line

The Small Business Navigator can direct you to resources and answer questions about COVID-19 specific funding. Hours are Monday through Friday from 8:00 am to 5:00 pm.

Layoff Support

The Business Services team layoff support when businesses are restructuring or downsizing and need to layoff or terminate staff. 

Colorado Small Business Development Center Network

Colorado Department of Labor & Employment

Federal Resources



Jefferson County and its partners collect data throughout the year. Here are some of the latest reports available.

COVID-19 Economic & Employment Indicators Report, February 2021 (PDF)

Workforce Central Planning Region Regional Plan 2016 (PDF)

Tri-County Workforce Local Area Plan PY16-PY19 (PDF)

Career Ladders

A Career Ladder is a traditional method by which an employee can develop and progress within an organization. Below are Career Ladders from Business & Workforce Center's current targeted industries. 

IT Career Ladder (PDF)
Healthcare Career Ladder (PDF)

Equal Opportunity

The Business & Workforce Center, a proud partner of the American Job Center Network, serves Jefferson, Clear Creek and Gilpin counties, and is an equal opportunity program. Auxiliary services are available upon request to individuals with disabilities. This program is funded by U.S. Department of Labor and the Workforce Innovation and Opportunity Act.