Colorado Springs Downtown Development Grants

The HBCU Founders Accelerator is a customized 16-week intensive program, primarily conducted virtually. It commences with goal-setting discussions, the development of a work plan, and the identification of key performance indicators (KPIs) to track progress. Throughout the program, each portfolio company is provided with dedicated executive-level support from paid advisors. With a cohort size of 8-10 startups, our accelerator seeks to create a collaborative environment to foster entrepreneurial success. We make an initial investment of $120,000 in each selected startup to help support their growth.

The Strategic Fund Job Growth Incentive is for business expansion or relocation projects for which Colorado is in competition with at least one other state and the company has received a commitment of local government funding that matches any requested state government incentives. The incentive provides a cash payment over five years to companies that create and maintain new permanent jobs in Colorado. Your business may not start or announce the proposed project in Colorado until your business submits a final application to Global Business Development and the Colorado Economic Development Commission approves the application.

The Kickstart Grant Program is designed to support growth-oriented startups within the state to overcome initial hurdles through funding, mentorship, and future growth opportunities. Kickstart is available to help launch your business into the next phase of growth. We offer between $5,000 – $50,000 per award to help business owners achieve their next big milestone. This is non-dilutive funding, with no requirement for re-payment, so entrepreneurs can get their businesses up and running faster.

The Mini-Grant is designed to support business and nonprofit programs that serve the Erie County BIPOC community and are experiencing a need for an influx of capital to enable them to continue to serve the BIPOC community. Successful applicants will be able to show that either they or their project, is not eligible for traditional bank financing. The minimum grant offered is $5,000, and the maximum grant is $25,000. Applicants must be for-profit businesses located in Erie County, NY and at least 51% of the ownership is Black, Indigenous, or Person of Color (BIPOC).

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