Employer/Business Resources

Contact Info

Eva Henson

COVID-19 Strategic Economic Response Team Coordinator and Housing Coordinator
970-668-4570
Email

General Business Health and Safety Protocols

Health and Safety Protocols for Businesses

Two New Frisco Business Assistance Grant Programs

During a special Town Council meeting on December 21, 2020, Frisco Town Council approved an emergency ordinance, which dedicated a total of $500,000 to two business grant programs, the Frisco General Business Assistance Grant Program and the Frisco Business Innovation Grant Program.

Businesses may apply for both grants if eligible.

  • The Frisco General Business Assistance Grant Program is a tiered program designed to help businesses who need the most support. Grant funding is based on loss of gross revenue or sales from January 1, 2020 through November 30, 2020, as compared to the same time frame in 2019, and business rent or mortgage amount. The General Business Assistance Grant Program offers grants from $2,500 to $10,000.
  • The Business Innovation Grant Program is intended to support businesses, which have been innovative during the pandemic and pivoted quickly to adapt to public health orders. The Innovation Grant offers up to $5,000 per business as reimbursement for expenses incurred for structural and/or technical improvements.

Businesses must submit applications on or before 11:59pm on December 30, 2020 for priority review, but applications will be accepted and reviewed on an ongoing basis through January 31, 2021 with grants being dependent on funding availability.

The application process has been made as simple as possible so businesses are able to fill out these applications independently using information and documents typically available in the normal course of business, and a guide to key information needed for each application is included below.

Find Out More About Both Grants

“5 Star” Restaurant Certification Program – January 4, 2021

The State of Colorado’s “5 Star” Certified Business Variance Program allows businesses to expand operations by implementing safety measures beyond what is already required by public health orders and guidelines to help slow the spread of COVID-19. This program is designed for responsible businesses that are following public health guidance, and going above and beyond to prioritize the health and safety of their staff and customers.

Launched on December 18, 2020, the Summit County 5 Star Certification Program allows restaurants that achieve the certification to open indoor dining at a capacity of 25%, limiting seating at individual tables to one household. Bars that operate like a restaurant are also be eligible. On Monday, December 28, Summit County expanded the program to personal recreation businesses, such as gyms and yoga studios.

Frisco 5 Star Certified Restaurants

State Financial Assistance

Small Business Relief Program – Direct Payments

On Monday, December 7, 2020, Governor Polis signed a bill which included $37 million for direct relief payments to small businesses located in counties under red restrictions, like Summit County. Based on preliminary guidance from the State, it sounds like restaurants, bars (includes establishments like a winery, brewery, distillery, etc.), caterers, movie theatres, and gyms and recreation centers will be eligible for assistance of $3,500-$7,000 if they are down 20% or more compared to 2019 or opened between January 2020 and April 2020. The State is still determining final requirements for county eligibility. We will update eligibility and application information as soon as it becomes available from the State and then Summit County.

 

Small Business Relief FAQ

The bill provides an additional $20 million in grant programs and funds specifically for art and cultural organizations, minority-owned businesses, and annual fee waivers to struggling small businesses that offer on-premise food and alcoholic beverage consumption.

Federal Financial Assistance

Below are the current and forthcoming Federal financial assistance programs that will be updated regularly as new information becomes available.

Rental Assistance

Alternative Funding Sources

Colorado Office of Economic Development and International Trade Resource List

This Google sheet helps Colorado’s small businesses find alternative funding sources beyond the EIDL, PPP, and other federal loans and programs.

Colorado Lending Source – Small Business Emergency Loans

This new financing option is for rural-based Colorado businesses that have been impacted by COVID-19. Learn More.

Loan details of the Small Business Emergency Loan Program are as follows:

  • $10,000 loans;
  • 3.75% fixed interest rate;
  • Two year terms;
  • Payments deferred for six months

Main Street Lending Program

  • The Federal Reserve has created the Main Street Lending Program to provide a total of $600 billion in financing for small and medium-sized businesses.
  • This is a lending program separate from the PPP that is designed to assist small businesses through government-backed loans.
  • Here’s what you need to know to check eligibility and get ready to apply.

Legal Assistance

Colorado COVID-19 Legal Relief provides free legal support for businesses.

  • This organization connects attorneys with Colorado businesses in need to help them make informed decisions and get back on their feet.
  • From financial aid compliance to leasing arrangements and business liability, small businesses across our state face complex challenges and most small businesses need legal resources and expertise to make informed decisions.

More Information To Come

  • This page was last updated on January 17, 2020.
  • This page was created the same day that the 2 trillion dollar Phase 3 COVID-19 stimulus package was passed by the House and signed by President Trump on March 27, 2020. The Federal government continues to release information, and our Frisco SERT staff will continue to sift through and provide resources about these programs.
  • Please email us with more specific questions, and we will work on finding answers.

Helpful Regional and Local Resources