Winter 2020/21 Frisco Business Assistance Grant Programs
Frisco Town Council Grant Programs for Winter 2020/21 – Now Closed
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.
If you have already applied and have further questions, please email.
“5 Star” Restaurant Certification Program
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 businesses (at first 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. Currently, the program is open to fitness and recreation businesses, as well as personal services
State Financial Assistance
State of Colorado Business Relief
In December during a Colorado General Assembly Special Session, Senate Bill 20B-001 was passed establishing the Colorado Small Business Relief Program, funded with $37 million. 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.
Small Business Relief Program - Liquor License Fee Waivers
Small Business Relief Program - Retail Food Establishment License Fee Waivers
Small Business Relief Program - Minority Owned Businesses
Federal Financial Assistance
Below are the current and forthcoming Federal financial assistance programs that will be updated regularly as new information becomes available.
Paycheck Protection Program (PPP) Extended to May 31, 2021
Economic Injury Disaster Loan (EIDL)- New Deadline December 31, 2021
Small Business Administration Express Bridge Loan
Restaurant Revitalization Fund
Shuttered Venue Operators Grant
Employee Retention Tax Credit
Refundable Employer Tax Credits
Debt Relief for Existing and New SBA Borrowers
Colorado Division of Housing Emergency 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.
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.
General Business Health and Safety Protocols
Health and Safety Protocols for Businesses
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