SaaS company INFOCU5 has partnered with the state of Colorado to provide white glove customer service and support to businesses applying for grant and loan funding made available by the state’s $25 million Energize Colorado Gap Fund. The much-anticipated Gap Fund opens the application today.
Small businesses with 25 or less employees may apply for financial relief beginning today, and businesses majority owned by women, minorities, veterans or that are located in a rural area will receive priority in the approval process. The launch of Energize Colorado’s Gap Fund is the state’s answer to businesses who were unable to receive funds from the Payment Protection Program (PPP) and other financial assistance at the onset of the COVID-19 pandemic. If approved, business owners will be approved for $15,000 in grants and $20,000 in low-interest loans for a total combined financial assistance equaling $35,000 to keep operations up and running.
INFOCU5 is a fully Colorado-based company after moving its California office to Grand Junction earlier this year. The move was highly publicized as the company committed to hiring over 400 people across Western Colorado over the next three year – and was only the second company to receive the state’s Location Neutral Employee incentive. The company is headquartered in Telluride and also operates an office in Denver. Read about the relocation.