The Weld County Board of Commissioners has devoted $2 million to help and help Weld County companies which have closed or lowered companies since Sunday, November 1, as a consequence of COVID-19 restrictions.
The grant program makes use of funds from Weld County’s financial growth fund. Upstate Colorado will administer the county’s grant program because it did for 2 rounds of the CARES fund grant earlier this fall.
“There isn’t a query the pandemic has impacted everybody in numerous methods,” stated Commissioner Chair Mike Freeman. “Our small, public-facing companies have taken the brunt of adverse impacts as a consequence of state coverage modifications, and it’s the need of this board to offer aid to these companies which function the core of our communities,” Mike stated.
This new spherical of grants is concentrated on offering monetary aid to companies which were affected by state restrictions from eating places and bars to different meals and beverage service suppliers, dwell occasion venues, film theaters, gyms and health facilities, bowling facilities, arcades, and different recreation amenities.
Weld County created an financial growth fund utilizing unclaimed property taxes practically ten years in the past. The fund is used to help native companies by means of applications together with the county’s Small Enterprise Incentive Program, the Colorado Enterprise Fund Mortgage Program, the Small Enterprise Growth Middle, Upstate Colorado, and extra.
“This grant program goals to offer aid rapidly to assist these small companies make it by means of the following few months, particularly,” stated Mike. “That’s why we’ve directed Upstate to open the appliance course of now and begin awarding grants earlier than the tip of the month,” Mike stated.
For extra info concerning making use of for monetary aid from Weld County’s latest spherical of grants, go to: https://weldrecovery.com