Westminster, Colo., June 8, 2020 – Adams County Regional Economic Partnership (ACREP) today has announced two new initiatives to provide vital assistance for area small businesses experiencing lingering impacts due to the COVID-19 pandemic.
ACREP will implement the Adams County Safe & Open campaign, providing area businesses a platform for highlighting the safety measures underway to reopen safely. Businesses that elect to participate can log in to https://www.adamscountyrep.com/adams-county-is-safe-open/ to take the Safe & Open pledge confirming they’ve reviewed and will adhere to sector-specific guidelines put forth by the State of Colorado and the Tri-County Health Department. Participating businesses can then access a marketing toolkit, including business signage and social media posts, touting their commitment to move toward a thriving economic environment again while protecting against the renewed spread the Coronavirus.
ACREP is also working in partnership with Adams County and area chambers of commerce to launch the Adams County Mini-Grant Program today. ACREP will be responsible for marketing, reviewing, and approving grant applications for small businesses that are located in the unincorporated areas of Adams County and the cities of Thornton, Northglenn, Federal Heights, and the town of Bennett. Additional funding will be allocated to local chambers that serve the cities of Westminster, Arvada, Brighton, and Commerce City.
“We recognize the leadership role of Adams County Manager Raymond H. Gonzales and our five County Commissioners to allocate these funds and develop the mini-grant program so swiftly,” said Bo Martinez, ACREP President/CEO. “We’re proud to play a key role in this outstanding regional response to COVID-19 and the crucial assistance businesses need now. We look forward to working all of the partners in the region as we move from recovery and reopening our economy to reimaging a great community going forward.”
Federal funding for the mini-grant program comes from the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress. Businesses can learn more about the application requirements and apply now at http://adamscountycovid19.org/mini-grants-application-small-businesses.
Three levels of funding include:
- Business operations mini-grants have a maximum award value of $2,500 per business applicant to use for operational upgrades such as building safety enhancements to encourage social distancing, personal protective equipment for employees and customers, adjustments to air or filtration systems, or other costs associated with the enactment of COVID-19 specific operations plans.
- Technology upgrades mini-grants have a maximum award value of $1,000 per business applicant to use for items like point-of-sale terminals or systems, including contactless payment systems, touchless entry and exit for a physical business location, temperature screening, and technology needs for the enactment of COVID-19 specific operations plans.
- Compliance issues mini-grants have a maximum award value of $1,000 per business applicant to use for expenses such as legal support or guidance for operations during COVID-19, consulting support for operations during COVID-19, and expenses for preparation of variance requests to public health agencies.
“While loans work for some small businesses, others may not have the capacity to take on another debt, so by providing mini-grants with the CARES Act funds, we can continue to help our most vulnerable small businesses, which in turn helps stimulate the economy,” said Mary Hodge, County Commissioner and Champion of the Business Support Response & Recovery Team. “We realize businesses may have different needs as they navigate the road to recovery, so we are offering grants for multiple categories of use.”
Businesses can apply to any or all mini-grant categories if applicable, with a limit of one submitted application per category. The application process opens today, Monday, June 8, and closes Friday, June 19, at 4:30 p.m. MST. Applications will be reviewed in a competitive process with successful applicants showing the greatest need and use case for grant funds. Mini-grant recipients must provide documentation within 30 days of receiving funds that shows use of funds as outlined in the application.
To be eligible, businesses must meet these criteria:
- 25 or fewer employees.
- Physical business located within Adams County or anywhere within the municipalities of Arvada and Westminster.
- Fully home-based or remote-operations businesses, except for childcare facilities, are ineligible.
- Business must have primarily in-person customer interactions.
- Non-profits (501c-3 entities) are eligible to apply if they meet eligibility requirements (i.e. in-person interaction at a single physical business location).
- Businesses may apply for grant funds to cover planned eligible expenditures in the next 30 days or to cover recently incurred eligible expenditures from the previous 30 days of application date.
- Businesses must have been open as of Dec. 31, 2019, or prior.
- Ability to demonstrate need for grant funds due to the impact of COVID-19.
- Must conduct legal activities and be in the best interest of the community.
- Cannot be in default or planning to default.
- For franchise owners, only locally owned franchises may apply and must demonstrate that corporate financial support is not available.
- Failure to comply with eligibility requirements will prohibit a grant funding award or, if ineligibility is found at a later date, require the return of any grant funding award(s).
- View full eligibility guidelines in English or Spanish.
“Small businesses is BIG business and is at the heart of Adams County thriving entrepreneurial economy,” said Tom Stone, ACREP Board Chair and VP, Project Procurement for Adolfson & Peterson Construction. “We stand ready to support this vital backbone to the Adams County and metro north region.”
About Adams County Regional Economic Partnership
Adams County Regional Economic Partnership (ACREP) is a public/private, nonprofit organization that drives inclusive economic growth and job creation, supports businesses, and promotes Adams County as a leading global location for business. An economic champion for the north metro region, ACREP leads five pillars of success: Marketing, Branding, and Placemaking; Business Expansion/Location; Membership and Investment; Leadership Development; and Business Advocacy. For more information and updates, see our website www.adamscountyrep.com or follow us on Twitter.