The Energize Colorado Gap Fund is accepting applications for round 2 through October 26. The Fund provides more than $25 million in small business loans and grants to boost small business enterprises impacted by COVID-19. 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.
The process is not first-come-first-serve. It is a competitive process that will help those in need receive priority access to assistance. Applications and awards are done in rounds to allow Energize Colorado to manage applications and provide assistance through December 2020.