Apply for a Small Business Recovery Fund (SBRF) Grant
How the Small Business Recovery Fund Helps
The SBRF issues lump-sum recoverable grants of $5,000-$50,000 each to provide interim financing to qualifying small businesses while they work to rebuild from the devastating September 2013 floods in Larimer County.
SBRF grants are structured as recoverable, meaning that recipients are encouraged to repay their grants in-full or in-part within five years or when their businesses have sufficient funds. Monies that are repaid to the SBRF will be redistributed to other businesses in need that have been impacted by the floods (or future disasters).
Click here to learn more about the SBRF.
Click here to view the SBRF Frequently Asked Questions (FAQs).
Criteria to Apply
Small business must meet the following requirements in order to apply for an SBRF grant:
- Headquartered and/or operating in Larimer County, Colorado prior to September 12, 2013.*
- More than two and less than 100 employees.
- Operating as a viable business for at least six months prior to September 12, 2013.
- Current on state and federal taxes and in good standing with state of formation.
- Demonstrated impact by the flood and need in order to return to viability.
An independent volunteer panel of local business leaders reviews all qualified applications and recommends funding amounts to a steering committee and United Way of Larimer County’s Board of Directors for determination of final grants. United Way reserves the right to make qualification and grant exceptions at their discretion.
* Businesses in Loveland area are being served through a similar fund available through the Loveland Chamber of Commerce. For more information, click here or call 970.667.6311.
How to Apply
Three rounds of grant funding, totaling $1.17 million, were awarded in 2014. The Small Business Recovery Fund is no longer accepting applications.
Grant Conditions and Terms
SBRF grants must be used exclusively to pay for operating costs and other expenses associated with efforts to rebuild an eligible small business following the floods of September 2013. Certain compliance requirements apply to grants received, including ongoing financial reporting and operational evaluations.