Town of Aurora is launching a brand new enterprise grant program Thursday, distributing at the least $5 million to companies and nonprofits struggling financially in the course of the COVID-19 pandemic.
The Aurora Financial Resiliency Grant Program will present grants of as much as $30,000 to small and midsized companies and nonprofits to help with payroll and lease bills.
For payroll help, companies should show a lack of yearly income throughout COVID-19. For lease help, companies should present they’re behind in lease funds.
Eligible companies will need to have fewer than 200 workers and an Aurora enterprise license in good standing.
Nonprofits will need to have an Aurora enterprise license or be registered with the Colorado secretary of state as a nonprofit with an Aurora location or serving greater than 50% of Aurora purchasers.
This system is open to new candidates and those that beforehand certified for funds by means of the Aurora Financial Reduction or Aurora Financial Restoration applications.
That is the third spherical of CARES funding deployed by the town to assist native companies for the reason that COVID-19 pandemic started.
The grant program is in cooperation with the Aurora Metropolis Council, the Arapahoe County CARES Program and the Adams County CARES Program.