Learn More about CDFI's and Small Business Resources in Colorado see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
Colorado Enterprise Fund
Colorado Housing Enterprises, LLC
Funding Partners for Housing Solutions
Hospitality Fund I
Hospitality Fund II, LLC
La Plata Homes Fund, Inc.
Mercy Loan Fund
Zion United Credit Union
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more st...