Energize Colorado Gap Fund taking applications through Oct. 26

NEWS RELEASE
LONGMONT ECONOMIC DEVELOPMENT PARTNERSHIP

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The Energize Colorado Gap Fund has opened its second round of applications for its small business grant and loan program. Applications for the second round are due by Oct. 26. The first round had an amazing response and it is looking forward to helping Colorado’s small businesses. 

The Gap Fund will provide more than $25 million in small business loans and grants to boost small business enterprises that are the economic engines throughout the state. Sole proprietors, businesses, and nonprofits with less than 25 full-time employees can apply for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance. 

If you are a small business who has already applied to the Gap Fund, here’s what you need to know:

• If you had started the eligibility or application process but had not submitted your application, you may do so now.
• If you have already submitted an application, you will receive communications regarding your submission in the coming weeks.  Please do not resubmit unless an email has instructed you to do so.

If you have not yet applied to the Gap Fund but would like to, please begin the process now by visiting the website.

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