East Colorado SBDC scores $100k grant

GREELEY — The East Colorado Small Business Development Center was recently awarded a trio of grants, including $100,000 aimed at helping people who have lost their jobs.

The U.S. Small Business Administration provides funding for SBDCs operating in areas that have been negatively impacted by the closure or downsizing of business or government facilities. Those grants are used for consulting, outreach and training.

The East Colorado SBDC, based in Greeley, received the $100,000 grant to assist workers who lost jobs after a slowdown in the area’s oil and gas industry or the shuttering of the Kit Carson Correctional Center in Burlington, center executive director Lisa Hudson said.

“Issues like this have really affected the bottom line for some of our communities over the past couple of years,” she said.

Hudson said her staff is determining how best to use the grant money to help get locals back to work.

In addition to the $100,000 grant, the East Colorado SBDC recently won a $10,200 grant from the statewide SBDC’s minority business office and a $5,300 from the Colorado Department of Transportation.