New fund aims to help Grand Lake businesses

nayla good

The Grand Foundation is introducing a new fund dedicated to Grand Lake organizations impacted by the East Troublesome Fire or COVID-19 limitations.

The Grand Lake Business Aid fund is a subset of the Unexpected emergency Small Company Aid fund developed previously this yr for enterprises impacted by COVID-19 limitations and shutdowns.

Similarly to the Emergency Tiny Organization Support fund, Grand Lake organizations can use for rental, home finance loan or utility support for six months. In addition to immediate monthly bill payments, eligible businesses can also get $1,000 or $2,500 per thirty day period in guidance.

To be eligible, corporations should be open at the very least 20 hours for every week, in just the 80447 zip code, have a organization license granted just before Oct. 1 and a every month earnings of in excess of $2,000.

Corporations with regular monthly income in between $2,000 and $10,000 qualify for the extra $1,000 month-to-month support, although corporations generating above $10,000 a thirty day period qualify for $2,500 for every thirty day period.

The plan will disperse dollars starting in January, for up to 6 months for every business enterprise.

The application involves copies of the company license, invoices, earnings and decline statements and payment information. Email [email protected] to use on the net.

Donations to the Grand Lake Enterprise Aid fund can be created at GrandFoundation.com/donate.

The Sky-Hi Information strives to produce powerful tales that spark emotion and concentration on the location we live.

Around the previous yr, contributions from audience like you assisted to fund some of our most essential reporting, which include protection of the East Troublesome Fire.

If you benefit community journalism, look at building a contribution to our newsroom in assist of the get the job done we do.

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