Businesses may apply directly (self-nomination) or be nominated to the Denver Legacy Business Program. In order to be eligible for the program, the business must meet ALL 9 criteria:
- Located in the City and County of Denver
- In good standing with Colorado Secretary of State's office
- Compliant with all city, state and federal licensing and taxing authorities
- Businesses engaged in activities that are legal under Colorado state law
- Annual gross revenue between $30,000 and $5,000,000
(maximum revenue cap for Manufacturers is set at $10,000,000)
- Independent and/or locally owned
- Minimum of 10+ years of operation
- Publicly facing ("brick-and-mortar") physical location
- Provides goods or services directly to neighborhood residents as classified by NAICS codes:
- 31-33 - Manufacturing ("Heritage Industrial")
- 44-45 - Retail
- 71 - Arts, Entertainment, and Recreation
- 72 - Accommodation and Food Services
- 81 - Other Services (except Public Administration)
81 includes, but is not limited to personal care services, laundry, auto repair and maintenance. This code is NOT a "default" for all other industries not listed above.
Program Priorities
This is a competitive application process and DEDO anticipates receiving more applications than the program has capacity to serve on an annual basis. Applications will be prioritized based on consideration of several factors including Legacy Business characteristics and vulnerability to displacement pressures.
In addition, applicants will be asked to provide a narrative response demonstrating how their business:
- Provides needed and desired goods & services to local residents ("neighborhood-serving") and/or provides a place where people spend time between home and work where ideas are exchanged, relationships are maintained, and people can enjoy themselves ("third-place")
- Prioritizes social impact & engages the local community
- Cultivates tradition, neighborhood culture and/or contributes to a sense of history
- Demonstrates positive business practices with emphasis on fair treatment of employees, living wage and/or employee ownership