Tag: Colorado Business Grants

The City of Lafayette is excited to announce its 2023 Small Business Capital Grants.

Donor Name: City of Lafayette

State: Colorado

City: Lafayette

Type of Grant: Grant

Deadline: Ongoing

Size of the Grant: $5,000

Details:

To support and retain small businesses, the City of Lafayette is piloting a program to provide businesses with grants for capital improvements for the expansion or improvement of their current building.

Funding information: 

For the 2023 grant cycle, the City offers $75,000 in funding for eligible projects. Businesses can apply for up to 25% of their project costs, with a maximum grant amount of $5,000. The grants are reimbursable and require approval from the City before starting the project. Businesses can only apply once per year and must use the funds within the same year. Any costs over $5,000 are not eligible for reimbursement.

Eligibility Criteria

To be eligible to enter a business in the Program, you (“Officer”) must be all of the following as of the first day of the Program Period (defined below):

• • In need of .. Exterior improvements (signage, roofing, siding, parking resurfacing, or fence replacement) Interior improvements (flooring, mechanical, electrical, plumbing, or architectural design fees).

To be eligible to participate in the Program, the business (“Entrant”) must meet all of the following criteria as of the first day of the Program Period:

• • Are located within the Lafayette city limits.
  • Have 25 or fewer employees (total of full-time and part-time).
  • Own their building or have an executed lease for at least three years.
  • Are in good standing with the City of Lafayette and the State of Colorado.

For more information, visit City of Lafayette.

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