Energize Colorado Gap Fund Impact
The Energize Colorado Gap Fund is a multi-year program focused on economic recovery and resilience. By providing critical capital to small businesses across Colorado, the Gap Fund seeks to drive local employment, provoke economic resurgence, and yield a resilient and refreshed community.
SMALL BUSINESSES IN COLORADO CAN STAY OPEN
COLORADANS HELPING COLORADANS
The Gap Fund plans to award $31 million dollars grants and loans to Colorado small businesses – made possible by Energize Colorado’s partnership with the State of Colorado, including the Colorado General Assembly and the Office of Economic Development and International Trade, the Colorado Housing and Finance Authority, and the Gap Fund’s private funders.
FOUR PRIORITY BUSINESS GROUPS
The Gap Fund provides priority, but not exclusive, access to small business grants and loans for Colorado’s women-owned, minority-owned, veteran-owned, and rural businesses. Many of these businesses have historically had limited access to capital. The pandemic has widened the gap.
CREATE AN ONGOING ECOSYSTEM
Beyond the awarding of capital, the Gap Fund seeks to create an ongoing ecosystem to help small businesses in Colorado not only survive, but flourish. Outreach, building trust, adding value and wrapping businesses in post-award support are the foundations of the Gap Fund ecosystem.
The Gap Fund will continue to raise capital from foundations, individuals, and public sources through 2021 and beyond to help businesses – and the families and communities that rely upon them – recover.