Council resolution in support of local businesses requiring face coverings
During a special meeting on Wednesday, May 6, 2020 City Council passed Resolution 2731, which expresses support for any private business owner who chooses to establish policies intended to help reduce the spread of the coronavirus, as in the requirement to wear non-medical face coverings when entering the premises. The City’s trespassing ordinances allow for these restrictions by private business owners when notice is posted.
The City has created “Face covering required” signage for any business who wishes to use it. If you are interested in such a sign for your business, email us at Recovery@cityofgolden.net.
New Small Business Assistance from the State of Colorado
The Energize Colorado Gap Fund will provide more than $25 million in small business loans and grants to boost small businesses impacted by COVID-19. Sole proprietors, businesses and nonprofits with less than 25 full-time employees can apply for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance.
The application is scheduled for an August 1, 2020 launch. Sign up to Energize Colorado’s email list to be alerted when the application opens.
City of Golden
COVID-19 Community Response Fund
Set up by the Golden Civic Foundation, the Relief Fund will award grants to local front-line non-profit organizations for rapid deployment to support the most critically impacted members of the Golden Community.
Your much-needed donations to the Community Response Fund will assist community members struggling with access to food, housing, and other financial burdens during the pandemic, as well as economic recovery following the crisis.
Golden Civic Foundation Emergency Relief Loans
The Golden Civic Foundation is providing an emergency relief loan program to downtown Golden businesses and nonprofits in response to local economic losses related to the Coronavirus (COVID-19). The Foundation’s funding enables loans to be available to eligible businesses and nonprofits with zero interest and no payments for four months. If not repaid in four months, the loan may convert to a one to five-year term loan with interest.
The goal of the program is to provide temporary bridge loans to keep small businesses solvent during these economically challenging times. The loans may be used for (but are not limited to) expenses such as payroll, rent, inventory, etc. The program is being financed by the Foundation’s Foss Fund which was created more than 20 years ago with the goal of providing low interest loans for the benefit of Golden businesses.
Visit Golden/Good to Be Golden
Golden stores are now open for business. Update your Shop Local – Support Local listing at VisitGolden.com.
Questions? Email email@example.com
Volunteer in your community!
Volunteers of all kinds are needed, from food pantry help to delivering food to administrative help. The Neighborhood Rehab Project is helping organize the assistance, matching volunteer skills to community need. Please sign-up to volunteer and make a difference in our community.
U.S. Small Business Administration
In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak including:
- Paycheck Protection Program – This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.
- Economic Injury Disaster Loan Emergency Advance – Congress has appropriated an additional $60 billion for this program as of April 23. This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.
- Eligible businesses should prepare now for when the loans reopen and promptly apply by working in partnership with their local lending institution.
- For more information, please visit www.choosecolorado.com/covid19 or the SBA Paycheck Protection Program.
- You can also contact the Office of Economic Development and International Trade (OEDIT) Small Business Navigator COVID-19 Response Hotline at 303-860-5881.
- SBA Express Bridge Loans – Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
- SBA Debt Relief – The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.
Learn more about SBA Coronavirus Relief Options.
U.S. Chamber of Commerce
Jefferson County Economic Development Corporation
JEFFCO EDC offers a detailed list of business information and resources including the CARES Act above and several other small business assistance programs such as the Colorado Lending Source/Kiva, CDLE Rapid Response Program, JP Morgan Chase Assistance to Small Businesses, etc. Read more at the Jeffco EDC Covid-19 page.
Safer-at-Home and in the Vast, Great Outdoors public health order variance for Jefferson County
The Colorado Department of Public Health and Environment approved Jefferson County’s request for a variance to the statewide Safer-at-Home and in the Vast, Great Outdoors order with some modifications. The county’s variance request addresses: gathering size; places of worship; gyms; indoor retail malls; outdoor recreation; indoor and outdoor museums and educational experiences; graduations; brew pubs, distilleries and other similar places; event centers; and some additional businesses not specifically provided for in the state’s order.
Read more about the public order and approved variance at GuidingGolden.com.
State of Colorado
The State of Colorado is offering emergency programs and guidance for individuals and businesses and guidance aimed at combating the economic impacts of the novel coronavirus pandemic. These include unemployment insurance, a special healthcare enrollment period, economic disaster loans for small businesses, and more. Check the Colorado Covid-19 Business Resource Center for information and updates.
The Colorado Department of Labor and Employment is offering expanded unemployment insurance benefits including those who are self-employed, independent contractors, gig-economy workers, and others.
For health updates, closures and other information, check with the Colorado Department of Public Health and Environment.
Colorado Restaurant Association
The Colorado Restaurant Association (CRA) offers information for businesses and employees, including takeout/delivery guidance, and how to file for unemployment benefits.