Find resources to support your business, our frontline heroes and the community across the Pikes Peak region
Across the Pikes Peak region, businesses are reopening with a phased approach and restrictions based on the type of business. Below are resources for businesses and organizations.
Grants, Funds, Programs
Artist Recovery Fund – Pikes Peak Community Foundation and Bee Vradenburg Foundation partnered to provide emergency support for individual artists and creative professionals in El Paso and Teller Counties who are being adversely affected due to cancellation of performances, art openings, lessons or other revenue-generating artistic activity due to COVID-19. The Artist Recovery Fund will provide approximately $500 to cover the most immediate and essential expenses. The Fund is also seeking financial contributions to support its efforts, and all donations are tax-deductible and 100% of contributions will go directly to supporting local artists in need.
The Emergency Relief Fund – The Pikes Peak Community Foundation and Pikes Peak United Way are asking for donations, large and small, and encouraging non-profits to apply for assistance. Let's #StandTogether4COS by taking action.
Energize Colorado – This nonprofit is bringing our local community together to provide relief to small businesses from the economic impact of COVID-19.
The Gazette Advertising Match – The Gazette is partnering with local businesses to deliver their message to the people of our community both in good times and in challenging times. While COVID-19 has created business obstacles for all of us, the ability of local businesses to market to their customers remains essential to their sustainability and recovery. This program is designed to help our local business community double the impact of their marketing through a matching grant.
Paycheck Protection Program – Lenders are accepting Paycheck Protection Loan (PPP) applications for small businesses and sole proprietors. Independent contractors and self-employers can begin submitting applications. This program provides potentially forgivable loans in amounts to cover 2.5 months of payroll or $10 million (whichever is less). Apply here.
Pikes Peak Enterprise Zone Business Relief Fund – This fund is an avenue for the community to help small, locally-owned businesses, now facing layoffs and closures, sustain operations and maintain their workforce through generous donations. Citizens who donate $100 or more qualify for an EZ 25% state income tax credit.
Small Business Relief Fund – The Downtown Development Authority announced a $400,000 Small Business Relief Fund to provide relief with grants for downtown storefrotn businesses.
Survive & Thrive COS – The City is working in partnership with Exponential Impact and Pikes Peak Community Foundation to provide relief loans, mentorship, and resources for small businesses. The highest priority for this fund are industries most impacted by the COVID-19 pandemic such as the food industry, retail shops and personal care facilities as these businesses have had to temporarily close, are struggling to pay rent and utilities, and have had to lay off staff. Businesses with 2-25 employees in the Pikes Peak region are eligible to receive up to $25,000 in low-interest loans. Installments of funding will be provided monthly over a three month period. Repayment occurs over three years, and payments are not required for the first year. Terms are 0% in year one and increase by 1% over each of the next two years.
Verizon Wireless and LISC – An investment of $2.5 million from Verizon is making it possible for The Local Initiatives Support Corporation (LISC) to begin offering critical relief and resiliency-building support to small businesses facing immediate financial threat because of the COVID-19 pandemic. The funding will go to make grants of up to $10,000, especially to entrepreneurs of color, women-owned businesses and other enterprises in historically under-served places who don’t have access to flexible, affordable capital.
Resources, Guides, Support
Better Business Bureau – View a list of resources for businesses and consumers affected by the COVID-19 pandemic.
Chamber Connect – Tune into weekly video conferencing covering various topics and resources related to the coronavirus pandemic. Get help streamlining the process of building your recovery plan.
Downtown Colorado Springs – See how you can support businesses. Downtown Partnership of Colorado Springs is committed to working on behalf of stakeholders to provide up-to-date information from reliable sources as the COVID-19 situation evolves.
Indoor Event Guidelines – The CDPHE guidelines for indoor events include meetings, events, conferences and receptions, and trade shows. The guidelines allow for indoor events to resume based on limited capacity depending on venue size and accounting for usable square footage with a maximum of 100 people per room. Click here for detailed information.
Outdoor Event Guidelines – The CDPHE guidelines for outdoor events include outdoor receptions and events. The guidelines allow for indoor events to resume based on limited capacity depending on venue size and accounting for usable square footage with a maximum of 175 people per designated activity. Click here for detailed information.
Do you have additional offerings or information that you think should be included on these pages? Don't hesitate to reach out!
Jane joined VCOS in January 2019 with a background in communication and social media. She supports the marketing team with newsletters, website updates, publications, ad sales, content creation and more. Jane has bachelor degrees in mass communication and journalism from Miami University. In her free time, you can find Jane sipping on a margarita, eating sushi, traveling or playing with her future dog that her boyfriend does not know about yet!