The Colorado Legislature was all in when it came to passing bills designed to boost the stateâs economy by helping create and grow small businesses.
A major measure with that in mind, which Gov. Jared Polis signed into law last week, creates a new Colorado Startup Loan Program within the Office of Economic Development and International Trade.
Thatâs a $30 million effort to provide low-interest loans and grants to start-up companies over at least the next couple of years.
âThe startup loan program we created will ensure that Coloradoâs entrepreneurs have the access to financial products they need to get businesses off the ground, grow sustainably or restructure their existing business,â said Rep. Jennifer Bacon, D-Denver, one of the sponsors of House Bill 1288. âThis program will prioritize entrepreneurs who have faced historic and systemic barriers to accessing capital.â
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Four Bills From the Colorado Comeback Stimulus Package Advance Through the Legislative Process
Bills to provide aid for farmers & ranchers, small businesses, and rural communities all pass through committees, bill to invest in clean energy finance moves to the House
DENVER, CO - Today, Senate Democrats advanced several stimulus bills through committees as well as the Senate floor. Bills include:
, sponsored by Senators Hansen & Winter.
As Colorado works to transition our energy sector and meet our greenhouse gas reduction goals, there are many opportunities to invest in clean energy projects and help accelerate this transition. This bill allocates $40 million to the Colorado Energy Office for several clean energy finance initiatives. The majority of these funds will be directed to the Colorado Clean Energy Fund, which acts as Colorado’s “Green Bank” with the purpose of financing clean energy projects and bridging gaps between clean energy projects and private capital pro
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