That funding is on top of the $1 million the foundation has already contributed to the fund. The funding will be directed to arts and culture organizations that have already received grants through the fund but are still facing COVID-19-related challenges. Organizations will receive money equal to 40% of their most recent grant award. They will not have to apply.
“Bonfils-Stanton Foundation continues to monitor the significant impact of the pandemic on our community and the arts & culture sector,” said Gina Ferrari, Director of Grantmaking, in a prepared statement. “We know that some organizations continue to struggle, but many are optimistic as they adapt, implement new models and rebuild for a more sustainable future. While we hope our support over the past year has provided some relief, we are pleased to offer an additional unrestricted grant as you move forward.”
ColoradoBiz Magazine
A commitment to a diverse workforce makes a lasting impact on companies and communities
May 3, 2021
Investing in women makes good business sense because diverse and inclusive workplaces are essential in meeting the needs of today’s diverse clients, communities and other key stakeholders.
Bank of America recognizes the significant role women play in advancing thriving economies – with women owning 37% of all businesses worldwide. It’s why we continue to invest every day in helping them make meaningful contributions within our company and in their communities at large. Here in Colorado, for example, we partner with the Colorado Enterprise Fund, a Colorado-based CDFI, to provide loans and small business support to veteran and women entrepreneurs. We also are an engaged member of the Colorado Women’s Chamber of Commerce through our sponsorship of the Powerful Voices Conversation Series, which highlights the inspirational stories of perseverance and suc
DENVER The Colorado Enterprise Fund, in its review of 2020 activities, reported that the organization experienced its largest lending and funding year ever and had unprecedented demand for its small business loan programs and technical assistance service, particularly in response to the COVID-19 pandemic. CEF was founded nearly 45 years ago.
In the fiscal year that ended Sept. 30, the nonprofit lending institution provided a total of nearly $32 million in loans to 1,115 Colorado small businesses. Of those loans, $18 million was provided in the form of Paycheck Protection Program loans via the CARES Act to 779 small business borrowers and $5.1 million in other COVID-relief programs. In total, the financing made it possible for Colorado businesses to add or retain 5,579 jobs in 2020, the nonprofit said in its report.
Region 9 EDD part of Statewide Loan partnership with EDA Funds to help rural Colorado businesses durangoherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from durangoherald.com Daily Mail and Mail on Sunday newspapers.
Pikes Peak Small Business COVID-19 Relief Program grant application deadline approaching
COLORADO SPRINGS, Colo. The Pikes Peak Area Council of Governments and The Colorado Enterprise Fund have again teamed up to provide small businesses in the Pikes Peak area with COVID-19 relief.
The organizations are in their second round of applications for the 2021 Pikes Peak Small Business Relief Program. The program aims to help small businesses that are struggling to sustain operations by providing the funding necessary to maintain their workforce and recover from the negative impact of COVID-19.
The deadline to apply for the second round of grant distributions is at 5 p.m. on March 5.