The business must demonstrate financial stress or disrupted operations, which may include but are not limited to the following:

• Increased costs related to COVID-19 prevention measures
• Notice of disrupted supply network leading to shortage of critical inventory or materials

Allocated assistance may not duplicate needs funded by other programs or grants received by the business/nonprofit. Grant funds will be provided on a reimbursement basis with appropriate documentation. Businesses that applied for previous local Economic Relief Loans and/or Grant Programs or applied for federal assistance may apply for this program.

However, grant funding for this program may not duplicate needs funded by other programs or grants received by the business/nonprofit. Applicants must acknowledge in the application all other funding received and how that funding is being used. Consideration of award amounts will be made in support of the geographic contributions made from individual jurisdictions.

Application reviewers will determine eligibility and grant amount. Awards will depend upon the number of applicants, availability of funds, and demonstrated need. Once funding decisions are made, applicants will receive a Grant Award notification which will outline all terms and conditions of receiving the grant. The program reserves the right to offer awards different from the specified amount requested.

Minimum Qualifications for Assistance

Eligible businesses must:

• Be located in Weld County
• Be established prior to February 1, 2020
• Have 500 or fewer employees (full time and part time combined)
• Be in good standing
• Meet one of these requirements: 50% of the business owned by Weld County resident, 50% of the gross receipts originate in Weld or 50% of employees are Weld County residents