Business Economic Assistance

To protect the safety of employees, residents, customers, and visitors, and to slow the spread of COVID-19, the City of Golden has recommended that customers and employees wear a face mask or other non-medical facial covering while in public. To assist businesses and those at risk from serious illness, the City of Golden is providing a limited number of disposable face masks for business experiencing difficulties supplying their own. These masks can be given to customers who lack their own facial coverings, or for employees to wear during their shifts. These masks are not the N95-type masks used by medical personnel and first responders, rather they are available through normal distribution channels. Masks come in a box of 50 disposable masks, and requests will be capped at two (2) boxes or 100 masks.

Due to the limited quantities available, businesses should provide face coverings only for customers for whom alternative shopping arrangements are not feasible. The City of Golden does not intend to be a regular supplier of face coverings, rather a temporary provider while businesses source their own. Any business that has received masks previously may request additional masks, however it is not guaranteed to be fulfilled. Masks will be delivered by City staff on Fridays (may be altered in the event of a holiday).

To request face masks for your business, please fill out and submit our Face Mask Request form.

Please email Alex Mansfield at amansfied@cityofgolden.net if you have questions.

Downtown Development Authority Business Revenue Loss Grant Program – Round Two

  • The application has closed.

The DDA’s $200,000 COVID-19 Business Revenue Loss Grant Program helps eligible downtown businesses that have been directly impacted by County and State mandates. Round Two is for businesses that did not apply in the first round.

The program provides grants for expenses that help businesses operate in the winter as the COVID-19 pandemic continues. Generally, grants up to $2,000 are available on a 80/20 cost-sharing basis. For total eligible costs of $2,500, applicants may apply for a grant up to $2,000 (80%) and demonstrate that they will pay the remaining $500 (20%). Larger grants will be considered (subject to the same 80/20 split.) Please see details below.

Eligibility Requirements

  • Independently-owned businesses within the DDA boundaries.
  • Retail/food service/lodging/personal services (i.e. spas, barbers, salons) and small healthcare providers (i.e.-dentists, massage therapists) are eligible.
  • Individually-owned franchises (including locally-owned/closely held LLC or similar) are eligible.
  • Businesses that have previously received DDA and/or City of Golden COVID-19 assistance are eligible.
  • Sub-tenants, salon booth renters, food hall tenants, etc. are not eligible.
  • Corporately-owned franchises are not eligible.
  • Big box stores over 10,000 sf are not eligible.
  • Home-based businesses are not eligible.
  • Residential Short Term Rentals are not eligible.
  • The applicant must be current on all Golden sales tax and fees, or under an approved payment plan.
  • The applicant must affirm that it will remain in business through the end of the year.
  • Nonprofit organizations generally are not eligible. Applications from nonprofits that earn revenue from fee-based performances, exhibitions, and programs and have been impacted by COVID-19 (above) may be considered on a case-by-case basis.

City of Golden Winter Business Assistance Grant Program

  • The application period for this grant has closed. However, the State is now offering a similar grant program, which is currently accepting applications. Please scroll down or visit cooutdoordining.org for more information.

The City of Golden’s $100,000 Winter Business Assistance Grant Program helps eligible non-downtown businesses that have been directly impacted by County and State mandates. The City of Golden is using CARES Act funds for this program.

The program provides grants for expenses that help businesses operate in the winter as the COVID-19 pandemic continues. Generally, grants up to $2,000 are available on a 80/20 cost-sharing basis. For total eligible costs of $2,500, applicants may apply for a grant up to $2,000 (80%) and demonstrate that they will pay the remaining $500 (20%). Larger grants will be considered (subject to the same 80/20 split.) Please see details below.

Please note that priority will be given to businesses that have not yet received any COVID-19 grant assistance from the City of Golden.

Eligibility Requirements

  • Independently-owned businesses in non-downtown areas.
  • Retail/food service/lodging/personal services (i.e. spas, barbers, salons) and small healthcare providers (i.e.-dentists, massage therapists) are eligible.
  • Individually-owned franchises (including locally-owned/closely held LLC or similar) are eligible.
  • Businesses that have previously received DDA and/or City of Golden COVID-19 assistance are eligible.
  • Sub-tenants, salon booth renters, food hall tenants, etc. are not eligible.
  • Corporately-owned franchises are not eligible.
  • Big box stores over 10,000 sf are not eligible.
  • Home-based businesses are not eligible.
  • Residential Short Term Rentals are not eligible.
  • The applicant must be current on all Golden sales tax and fees, or under an approved payment plan.
  • The applicant must affirm that it will remain in business through the end of the year.
  • Nonprofit organizations generally are not eligible. Applications from nonprofits that earn revenue from fee-based performances, exhibitions, and programs and have been impacted by COVID-19 (above) may be considered on a case-by-case basis.

Colorado Outdoor Winter Grant Program

The State of Colorado has recently opened the Colorado Outdoor Winter Grant program to assist Colorado-based restaurants that are experiencing financial hardship because of the Covid-19 crisis and state and local regulations limiting the number of customers in indoor spaces. The grant will help recipients purchase items needed to maintain outdoor dining spaces for patrons during colder weather.

The grant will be available in two application rounds. The first, which opened Nov. 1, will remain open through Nov. 13 with funds available Nov. 23. The second round will be open from Nov. 30 to Dec. 11, with funds available Dec. 21. If grant funds are still available following the second round, a third round will be available.
To learn more about the grant, including eligibility requirements and the review process, and to apply for the grant, visit cooutdoordining.org.

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 is providing more than $31 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.

Applications and awards will be done in rounds to through December 2020. The process will not be first-come-first-serve, it will be a competitive process that will help those in need receive priority access to assistance.

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 visitgolden@cityofgolden.net

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.

Federal Resources

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

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.

COG Mesa

 Golden was named after Thomas L. Golden,
a gold prospector who arrived in Jefferson County in 1858.

Additional Resources

City of Golden, Colorado
COG Mesa