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Small Business Resources

Finding Funding

Where do you start to look for funding for your business? 

  • There are many options for financing your business! You can get funding through private investors, and financial institutions. In Colorado, most new businesses are financed by personal investments. While is not impossible, it is more difficult to fund a new business by obtaining outside financing through commercial backs, savings and loans institutions, leasing companies, insurance companies, and private or public stock offerings. 
  • The Colorado Business Resource book has more information about  Financing options. 

Consider Crowdfunding

  • Crowdfunding is an option to obtain money for a start-up. Below are some crowdfunding options: 
    • Patreon- Fee: 5%. 5% fee is suggested to campaign donors. Processing fee of 2.9% + $0.30 applies.
    • GoFundMe- Fee: 5%. Processing fee of 2.9% + $0.30 applies.
    • Kickstarter- Fee: 5%. Personal fundraising not allowed. Creative only. Processing fees of between 3-5% apply.
    • Indiegogo- Fee: 5%. 3% processing fee.
    • Give Forward- Fee: %% is charged to campaign creators. Processing fee of 2.9% + $0.50 per transaction applies.

Colorado Funding Resources

Below are various resources to get grant funding in the State of Colorado for your business.

 

Colorado Creative Industries' Colorado Creates- Grants for cultural organizations.

Colorado Department of Education Grants

Colorado Department of Education Grants

Colorado Department of Higher Education Grants

Colorado Department of Public Health Grants

Colorado Health Foundation

Colorado Nonprofit Association- The Colorado Nonprofit Association educates and informs Colorado nonprofits about new ideas, best practices, and pressing public policies. They are located in Denver, host trainings and workshops on a variety of nonprofit topics for a fee. Members can have access to their nonprofit help desk and pro bono legal advice. Their website also provides sample policies and forms

Great Outdoors Colorado- Grants for outdoor initiatives.

History Colorado- The Office of Archaeology and Historic Preservation (OAHP) administers the U.S. Department of Interior's Historic Preservation Fund Program in cooperation with the U.S. Department of the Interior, National Park Service (NPS).

Community Development Block Grants (CDBG)-The Division of Local Government (DLG) oversees Public Facilities. Eligible uses of funds include acquisition, design/engineering, construction, reconstruction, rehabilitation or installation of public improvements or public facilities.Colorado uses Community Development Block Grant (CDBG) Funds to provide funding and aid to the state's Business Loan Funds. Business owners can apply for assistance directly through the Business Loan Fund in their region through the Colorado Office of Economic Development & International Trade.

Community Resource Center- Community Resource Center creates opportunities, tools and strategies to develop nonprofits and community groups to strengthen Colorado. They host the Colorado Grants Guide, offers workshops on a variety of nonprofit topics across the State of Colorado. They publish a Starting a Nonprofit workbook

Colorado Enterprise Fund- At Colorado Enterprise Fund, we believe that every small business dream should have a chance at becoming a reality.
That's why we started as a nonprofit in 1976: to expand access to capital and offer flexible terms to business owners when traditional lenders couldn't.
Today, we're proud to help accelerate Colorado's vibrant and innovative small business community, fuel our economy, and work with inspiring entrepreneurs like you.-

Office of Economic Development - Colorado-Programs and Funding

Colorado Office of Economic Development and International Trade- The Colorado Office of Economic Development and International Trade (OEDIT) works with statewide partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor John Hickenlooper, we strive to advance the state’s economy through financial and technical assistance in support of local and regional economic development activities throughout Colorado.

Minority Business Office - OEDIT- As a division at OEDIT, the MBO is strategically placed to leverage relationships with other teams within OEDIT that span every type of business and every type of business owner in every industry imaginable.

Rocky Mountain Microfinance Institute- Today, we’re excited to announce that business grants are now available to all new RMMFI entrepreneurs as part of our core capital offerings. With our newest capital product, Launch Grants, entrepreneurs completing Business Launch Boot Camp will receive a $2,000 grant to support their business startup and operation. Boot Camp graduates will continue to have access to Launch Loans, as well, to provide additional support as their businesses become operational.
Along with our Launch Grants, we are also introducing new loan limits in recognition of inflation and increases in the cost of living and doing business in Colorado over the past ten years. We are increasing the limit on our Launch Loans from $2,500 to $3,500 and on our Thrive Loans from $5,000 to $7,000. Our Growth Loans will now start at $7,001 and will continue to have an upward limit of $75,000.

National Resources for Funding

Below are some national resources to find funding for your business.

 

Books

Below are some books about funding your business that are available now in out PCCLD catalog. Click this LINK to see the Doris Kester Nonprofit Resource Collection information. 

 

Other Resources for Funding

Small Business Administration- The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.

Accion Opportunity Fund- We are committed to supporting small business owners who are often shut out from financing. We're helping their businesses thrive.

DreamSpring- Funding business dreams, vitalizing communities. DreamSpring is an award-winning nonprofit organization that increases access to credit, makes loans, and provides a community of support to help entrepreneurs realize their dreams.

Grants.gov- The Grants.gov program management office was established, in 2002, as a part of the President's Management Agenda. Managed by the Department of Health and Human Services, Grants.gov is an E-Government initiative operating under the governance of the Office of Management and Budget.

Under the President's Management Agenda, the office was chartered to deliver a system that provides a centralized location for grant seekers to find and apply for federal funding opportunities. 

GovLoans.gov-GovLoans.gov is an online resource to help you find government loans you may be eligible for.
It is not an application for benefits and will not send you free money.