Small Business Resource Center

SBRC is here to help you succeed

One of the most important aspects of starting a business is access to capital, and one of the top reasons small businesses fail is because of under capitalization.

The cold hard truth is that no one is sitting around waiting to give you money for your brilliant idea.  You’ve got to have skin in the game and come to the table with your own money or be willing to put your worldly possessions on the line to give your idea wings.   

SBRC LENDING SOURCE

Region 10’s Business Loan Fund

Region 10’s Business Loan Fund (BLF) is a lending source that provides capital to small businesses focusing on expansion, creating and retaining jobs, and benefiting our growing regional economy. For more than 30 years, the BLF has assisted for-profit and nonprofit businesses with their financing needs with loans that typically range from $5,000 to $250,000 with up to 10-year terms.

Colorado Department of Local Affairs Local Government Small Business Relief Program

San Miguel County Small Business Relief Program

Application NOW OPEN until 11:59pm January 29th!

Governor Jared Polis signed into law SB20B-001 on Monday, December 7, 2020. The bill provides $57 million in direct aid, grants, and annual fee waivers to struggling small businesses and also creates grant programs and allocates funds specifically for art and cultural organizations as well as minority-owned businesses.

Multiple state agencies are working with local government associations and governments, regional councils of governments and economic development agencies and non-profit distributors on eligibility, applications and distribution.

Community Grant Program

Delta County COVID Relief Grant

Closed until further notice The Delta County Grant was assistance for impacted businesses (have documented loss in revenue from March -Oct 2020 compared to March – Oct 2019, or have receipts for COVID related expenses, such as modifications, PPE, etc.) for up to $5,000 or $10,000 for businesses with significant economic impact (e.g., a restaurant or main street business).  Round 2 was open to nonprofits that provide economic support to businesses or communities (such as theaters, museums, chambers, etc.) and meet the qualifications above are eligible to apply for up to $10,000.  To date, more than 50 businesses have received funding.

Community Grant Program

Montrose County COVID Relief Grant

CLOSED until further notice. The board of county commissioners extended the Coronavirus Relief Fund with grant awards up to $20,000 for small businesses experiencing economic hardship as a result of the pandemic. To date, more than 30 businesses have received funding.

Community Grant Program

San Miguel County COVID Relief Grant

CLOSED-The San Miguel County Business Grant Program has been completely subscribed for and is now closed. Almost 90 businesses in the San Miguel County received a total of $3 Million in awards.

With the challenges local businesses are facing due to the COVID-19 pandemic, San Miguel County established a one-time grant program to help qualified County-based businesses severely disrupted by the pandemic. The goal of this program was to provide emergency support to for-profit and nonprofit businesses that were not able to generate revenue or whose revenue was severely disrupted.

To date, over 80 businesses have received funding.

Energize Colorado

Gap Fund

CLOSED- The Energize Colorado grants have been completely subscribed for our area and is now closed.  Almost 50 businesses in the Region 10 area received a total of $600,000 in awards with the state funds.

The Energize Colorado Gap Fund provided more than $25M in small business loans and grants to boost small business enterprises that are the economic engines throughout the state. Sole proprietors, businesses, and nonprofits with less than 25 full-time employees were encouraged to apply for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance.

Success Stories

Western Farmstead

Western Rise

Amazing Glaze

Meet Dan Scinto

REGION 10’S BUSINESS LOAN FUND DIRECTOR

Region 10 welcomed Dan Scinto as their new Business Loan Fund Director in 2016. With a knack for commercial lending, Dan brings over 25 years of banking experience to this newly redesigned post. A Minnesota native, Scinto relocated to the Western Slope for its outdoor recreational opportunities. Scinto adds that as an avid hunter, fisher, and outdoors enthusiast, he couldn’t imagine living anywhere else. Aside from his eagerness to recreate, Scinto also brings an eagerness to help the business community. “I get goosebumps talking about credit,” he adds. “I absolutely love it.”