Colorado small businesses are less likely to change health insurers for the upcoming year, even as they anticipate continued price increases, according to the second-annual Delta Dental of Colorado Small Business Survey.
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The fund is intended to help the estimated 350 businesses in Larimer County that are struggling in the aftermath of the flood. The Small Business Recovery Fund was created in partnership with Blue Ocean Enterprises and the Richardson Foundation with support from the Bohemian Foundation.
The fund focuses on helping rebuild by distributing lump-sum recoverable grants of $5,000 to $50,000 to qualifying businesses.
Recoverable grants are those that recipients are encouraged to repay in full or in part within five years or when their businesses return to viability, according to a release. The money recovered can then be redistributed to other businesses impacted by this or a future disaster.
To apply for a grant from the Small Business Recovery Fund, businesses must meet the following criteria:
An independent volunteer panel of business leaders will review the applications and make recommendations about which companies should receive funding.
Applications are due by Jan. 24 and can be downloaded here.