Apply Today for the Gap Fund Startup Loan
Up to $250,000 in startup business loans will be made available during West Slope Startup Week! Learn more and apply here.
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About the ECP Gap Fund Loans
We are currently accepting applications for ECP Gap Fund Loans.
– Interest Rate: 2.5%
– Loan Size: Up to $20,000
– Term: Up to 36-months (3 years)
Uses include:
· Debt Consolidation
· Capital Improvements
· Payroll
· Rent/Lease
· Utilities
· Working Capital
· Equipment
· Inventory
Who is Eligible?
The following businesses are eligible.
- Small businesses/enterprises – Registered small businesses in good standing with the state.
- Fewer than 25 employees – Applicants must have fewer than 25 full-time equivalent (FTE) employees. An employer may use its off-season employee count.
Ineligible Borrowers
- Cannabis Businesses
- Gambling Businesses
- Businesses with more than 25 Employees
Thank you to our community partners
“Businesses continue to get creative and adjust their business models to grow and succeed. This loan program provides necessary access to capital offering companies the resources they need today to continue running their businesses and keeping the economy moving.”
Questions about the Energize Community Program?
General Questions: [email protected]
You can also reach out to the Director of the Gap Fund, Ryan Cobbins, at any time: [email protected]
Are you interested in partnering with us? Connect with [email protected]