COVID-19 Business Resource List
The Brighton EDC is committed to providing resources to the Brighton business community during this difficult time. Below is a list of resources and resource providers who may be able to provide additional assistance and guidance. We also encourage Brighton businesses to frequent the City of Brighton’s website at https://www.brightonco.gov/1503/COVID-19-Assistance for more information on the measures we are taking to protect our community. Please check back frequently for new resources as they become available.
Community Development Block Grant Program (CDBG) - As part of its COVID-19 emergency response and recovery strategy, Adams County, through its Community & Economic Development Department, is establishing the Small Business Stabilization Program to provide local businesses with grants up to $35,000, dependent on business needs, to retain jobs during the COVID-19 pandemic. According to HUD’s guidance, CDBG funds can be used to assist for-profit businesses to avoid job loss caused by closures related to social distancing. Funding can provide short-term working capital assistance to small businesses to enable retention of jobs and provide organizational stability. http://www.adcogov.org/community-development-block-grant-cdbg
U.S Small Business Administration (SBA)- The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and nonprofits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
The Paycheck Protection Program (PPP) - is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Speak to your current bank's loan officer for more details on how to apply and receive this loan. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by coronavirus/COVID-19:
Colorado Department of Labor & Employment (CDLE)- The Colorado Department of Labor and Employment (CDLE) has a variety of resources for workers and employers who are impacted by the Coronavirus: https://www.colorado.gov/pacific/cdle
Colorado Office of Economic Development & International Trade (COEDIT)- The resources in this link provide state and federal COVID-19 announcements, programs, and information relevant to Colorado businesses: https://choosecolorado.com/covid19/
Adams County Business & Economic Development- Adams County Economic Development is working with all relevant local, state, and federal partners during this period of COVID-19 to support our businesses and ensure long-term economic vitality: http://www.adcogov.org/business-and-economic-development-resources
North Metro Small Business Development Center (SBDC)- The North Metro SBDC has compiled a list of resources and tools designed to assist small businesses impacted by COVID-19: https://northmetrosbdc.com/coronavirus/
Colorado Restaurant Association- The Colorado Restaurant Association is the leading trade organization for restaurants and bars and has compiled a list of resources to assist businesses within that industry: https://www.corestaurant.org/resources/coronavirus-resources
Brighton COVID-19 Relief Fund- This loan is not intended to compete with the SBA CARES Act loans. Rather, CEF’s loan program aligns with the underwriting and approval process and standards of the CARES Act loans so borrowers may use a similar process to apply for both. CEF’s goal is to guide borrowers through the process of applying for both sources of funding, providing the financial support they need as they wait to access federal emergency relief programs. This loan can also stand alone for the up to six-year term as another resource for businesses that do not qualify or cannot access SBA CARES Act funding programs.
Adams County COVID-19 Small Business Mini-Grant Program - Three mini-grants available in the following amounts and categories. 1. Business operations have a maximum award value of $2,500 per business applicant. 2. Technology upgrades have a maximum award value of $1,000 per business applicant. 3. Compliance issues have a maximum award value of $1,000 per business applicant. Visit the link below for eligibility requirements.