The City of Denver Office of Economic Development (OED) has many great resources available. Enough that it warrants it’s own section! For more information on any of these programs, or if you have other questions related to working with the City of Denver, Carrie Singer is an amazing resource:
Carrie Singer | Business Development Representative
- City of Denver/Office of Economic Development offers small business lending programs: “Gap” financing is available to both startups and expansion projects in Denver. Eligibility is based on geography, job creation, and secured financing. Loans typically range from $50,000-499,000. See brochure for more details…
- Loans are also available for “creative enterprises” within the City & County of Denver (up to $35,000).
- The Denver Capital Matrix is a resource directory highlighting many different types of lenders that have invested in Denver firms.
- Another good resource for businesses seeking financing: www.smallbizlending.org
Hiring and Training:
The City of Denver/Office of Economic Development has a wide range of programs and services to assist businesses with hiring and training needs:
- Free job posting: www.connectingcolorado.com
- Free assessments to be used as part of the application process
- Customized recruitments/mini job fair events
- Training subsidy program (reimbursement grant monies are available specifically for new hires). Note that positions must be full-time, permanent and offer at least $13/hour. This is a salary reimbursement and seems pretty simple to get. My husband was able to use this for 2 of his new employees because they hadn’t worked in his industry before.
- Customized training program (reimbursement grant monies are available specifically for “customized training” needs). You can use this to have an employee trained on MS Office or QuickBooks for example.
I was told that the budget was just refreshed for these reimbursements in July 2014, so NOW is a good time to apply!