Arapahoe County issued the following announcement on June 24.
Recognizing the impact the COVID-19 crisis has had on small and medium-size businesses, the Arapahoe County CARES Program is launching Advance Arapahoe, a $6 million grant program that will provide support and retain jobs at businesses throughout the County.
“This is one of the first grant programs we’re launching through the Arapahoe County CARES Program, and it will provide crucial relief to businesses most affected by the COVID-19 shutdowns,” said Arapahoe County Board Chair Nancy Sharpe. “These small and medium-size businesses are essential to our economy, and Arapahoe Advance is a step toward providing some stability through this transition to reopening.”
Advance Arapahoe’s first priority will be to fund employers within the boundaries of unincorporated Arapahoe County, as most businesses within incorporated communities can apply to relief programs through their jurisdiction. Award preference also will be given for employers who commit to retain and/or bring back employees with these funds
Funds are available in two grant categories:
- Business interruption grants to support operational needs such as lease or mortgage payments, utility expenses, payroll expense, supplies and services, materials
- Infrastructure/PPE grants to purchase items, including PPE, needed to adapt a business to new processes or items that are required to operate in a different manner due to the COVID-19 crisis
Applications for this program open on June 22, 2020. The streamlined application process is designed to be quick and easy, with applications due by July 3, 2020, or until the funds have been depleted.
Original source can be found here.
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