LONGMONT — Bootstrap Brewing Co. has received $22,500 in the form of two Retail Conversion Grants from economic-development organizations tied to the city of Longmont.
Bootstrap Brewing, owned and operated by the husband-and-wife team of Leslie and Steve Kaczeus, received $7,500 from the Longmont Economic Development Partnership and the city of Longmont, and a $15,000 matching grant from the Longmont Downtown Development Authority.
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The grants assist retail business new to downtown to convert non-retail spaces.
Bootstrap Brewing Co. last year leased 15,000 square feet in the former Times-Call warehouse at 142 Pratt St., which had been acquired by Red Clay LLC, an entity registered to Oskar Blues Brewery’s founder Dale Katechis.
The Kaczeuses converted the warehouse into a production-brewing facility with a taproom and a seating area on an existing patio. Doors opened April 17.
The couple opened their first location in Niwot in 2012, but after steady growth and a contract with Coors Distributing Co. that significantly expanded their distribution, they needed more space for production and a larger tap room.
“Part of our mission as an economic development organization is to support Longmont’s retail and job-creating small businesses, as well as support businesses making capital investments in their properties,” Jessica Erickson, president of the Longmont Economic Development Partnership, said in a prepared statement. “By helping fund Bootstrap Brewing Co.’s significant capital investment in the community, supporting them to create new jobs in Longmont and to generate new retail sales tax revenue for the city, we hope to encourage them to stay and continue to scale their business in Longmont.”
Kimberlee McKee, executive director of the Longmont Downtown Development Authority, said Bootstrap Brewing has made a significant investment at the western edge of the Downtown Longmont Creative District.
“Its local vibe, creative craft brew and great atmosphere give guests an inside look at the brewing and canning process. It is an honor to welcome them to our community,” she said.
The city of Longmont and Longmont Economic Development Partnership Retail Conversion Grant program is a reimbursement grant program targeted at for-profit, retail storefront businesses in the Downtown Development Authority District. The grant program provides a grant of up to 25 percent of eligible project costs, not to exceed $7,500, for qualifying improvements.
Additional matching funds may be provided by the Downtown Development Authority, subject to DDA approval prior to project commencement. To be eligible for the grant, the business must generate more than 50 percent of its revenue from sales-taxable transactions, be located in a storefront on the ground floor of a building in the Downtown Development Authority District with an outside entrance accessible to the public, have prepared an acceptable business plan, and be licensed in the city of Longmont and in compliance with all city codes and regulations.