Enhance Broomfield provides grant funding to businesses who want to expand capacity of existing operations, facilitate the creation of jobs and invest in the long-term sustainability and vitality of their business. The program has recently awarded a total of $117,500 to eight small Broomfield businesses!
Donor Name: City and County of Broomfield
State: Colorado
County: Broomfield County (CO)
City: Broomfield
Type of Grant: Grant
Deadline: 11/30/2022
Size of the Grant: $117,500
Details:
The intent of the Enhance Broomfield program is to assist new and existing businesses by funding projects that will benefit the residents of the City and County of Broomfield through:
- Remodeling worker or customer spaces to increase capacity or activity
- Architectural services
- Within defined limits for marketing activities and signage
- Working capital which may be utilized for all operating expenses of business
- Purchase or lease of equipment, fixtures and furniture
- Modifications to make the business more competitive/increase business traffic
- Website or app creation/functionality updates to be more competitive/increase sales and traffic
- Loan interest payments for the activities listed above, the interest rate on the loan may not exceed 10% (this rate maximum is subject to change by the City and County of Broomfield based on market rates)
- Expansion of the business to a new location if the new location is within Broomfield.
Funding Information
The funds are available on a first come, first served basis. For 2022 there will be two funding rounds of $117,500. The first round will have open applications from July to August with awards in September and the second round will have open applications from October to November with awards in December.
For more information, visit City and County of Broomfield.