The Weld County Service Industry Relief Fund has administered just over half of it’s allocated funds, providing $1.2 million in assistance to eligible public-facing businesses located in Weld County that have been categorized as “high-risk” and mandated to close or substantially reduce services in response to guidelines issued by the Colorado Department of Public Health and Environment effective 11/20/20. The grant application program has extended the deadline to apply through February 28, 2021 to allow additional businesses to take advantage of the funds which can help cover lost revenue and expenses.
Grant administration will give priority to service based businesses deemed “high-risk” including:
- Restaurants, bars and other food and beverage service providers
- Gyms and fitness centers
- Live event venues and movie theaters
- Entertainment including bowling centers, arcades, and recreation facilities
- Other public facing business under special circumstances
The Service Industry Fund grant initiative is intended to distribute approximately $2 million to eligible businesses in Weld County. Financial assistance will be provided on a need-based priority basis for all qualified applicants. Depending on the businesses financial need, assistance is available up to a maximum $10,000 for public transactional businesses with a defined closure or limitations due to capacity restrictions.
- Business must have 3+ employees
- Show loss of revenue and/or COVID related expenses in the time period of 11/01/2020 -01/31/2021
- Have a physical location in Weld County
Upstate Colorado’s President and CEO, Rich Werner, understands the challenges small businesses are facing saying, “The immediate assistance Weld County put out has allowed many local businesses to recoup lost revenues from closures and allowed them to pay monthly expenses. We understand the critical challenge to get business through the next few months and hope we can reach additional businesses in need throughout the County who have not yet taken advantage of this program in the coming month with this extension.”
Additional information, official guidelines, and the online application for the Weld County Service Industry Relief Fund can be found at www.weldrecovery.com.