Update - March 2, 2021
We are now opening our SBERF application to eligible businesses with revenues up to $5 million. In accordance with SB-20B-001, we will first award funds to all eligible small business with annual revenues of $2.5 million or less before we can consider funding any other businesses.
For this latest program round, businesses must belong to one of the following business types/ industries to be eligible for this grant opportunity. These industries are defined in Senate Bill 20B-001 Section 24-32-129(1)(f), and can be summarized as follows:
- Breweries licensed pursuant to State requirements and that operate an attached sales room
- Distilleries licensed pursuant to State requirements and that operate an attached sales room
- Fitness and recreational sports centers
- Movie theaters
- Wineries licensed pursuant to State requirements and that operate an attached sales room
We encourage business owners to submit their application as soon as possible.
Applications are accepted until Sunday, March 7, 2021 at 5 p.m. Click on the other tabs for information on eligibility, priority, and how to apply.
Once all applications for this round are reviewed, we will contact you with a funding decision. We appreciate your patience as we process applications as quickly as possible.
Program Funding Round 1 Update
As of February 19, Denver Economic Development & Opportunity (DEDO) announced grant awards to over 700 small businesses for more than $3 million. The grants are possible by City funding, as well as funds that Denver received from the State of Colorado in January as authorized under Senate Bill 20B-001 (COVID-19 Relief Small And Minority Businesses Arts Organizations). A list of the grant recipients will be posted in the coming days.
The DEDO team continues to review and process applications received in Round 1 and expects to announce more awardees within the next two weeks.
In 2020, the Small Business Emergency Relief Fund (SBERF) program provided over $12 million in grants to over 2,000 small businesses.