| The state of Colorado offers business funds in the | | | | funds are made available in collaboration with the |
| form of venture capital funding, employment | | | | Colorado Community College System. The cap on the |
| creation, and to businesses in targeted communities. | | | | Colorado FIRST loan is 60% of the cost of the |
| Apart from loans to invest in equipment and real | | | | training program. |
| estate, the State also makes available funds for | | | | 5) Enterprise Zone |
| development of community infrastructure and other | | | | These funds are provided to businesses that move |
| community related projects. This article provides a list | | | | to economically weaker areas of the state. |
| of loans and grants available for businesses in | | | | 6) Community Business Loans |
| Colorado. | | | | Colorado has 15 loan programs for businesses that |
| Business Loans in Colorado: | | | | operate within a specified area. Local community |
| The federal as well as the state government run | | | | members operate the loan funds, though some |
| many business loan programs in Colorado. Some of | | | | decisions may need state approval. |
| the relevant programs are listed below. | | | | 7) Feasibility Study |
| 1) Certified Capital Companies (CAPCOs) | | | | Colorado also provides feasibility study grants to |
| Six capital companies certified by the state | | | | businesses that intend to relocate or expand to a |
| government provide funds to businesses in Colorado. | | | | rural area, or want to start a new business in a rural |
| These companies function independently, with minimal | | | | area. The business that takes the grant must create |
| government supervision. They provide funds in the | | | | a certain number of jobs in a specified timeframe. |
| range of $100,000 to $3 million. | | | | Apart from the above-mentioned, there are many |
| 2) Venture Capital Authority | | | | other sources of business loans in Colorado. The |
| The VCA grants loans to entrepreneurs in the state | | | | Small Business Administration and the United States |
| of Colorado. Like the CAPCOs, the VCAs, though set | | | | Rural Development are federal lending that work in |
| up by the state administration, functions | | | | collaboration with the state government. |
| independently. | | | | The state government operates the Colorado |
| 3) Economic Development Commission | | | | Department of Local Affairs, Colorado Agricultural |
| These funds are provided to businesses that have | | | | Development Authority and the Regional Business |
| agreed to meet some minimum employment creation | | | | Loan Funds. If you need to know more about |
| requirement. The grant value depends on the | | | | business grants in Colorado, you can consult a |
| performance of the company. | | | | business consultant who will provide all details |
| 4) Colorado FIRST | | | | regarding the kind of grant or loan your business may |
| This program provides funds to small businesses to | | | | be eligible. |
| help them with employee training programs. The | | | | |