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Douglas County Business Resource & Lenders Fair

Friday, September 21, 2018

The Douglas County Small Business Resource & Lenders Fair is being held in the South Metro corridor!

Friday, October 19th | 10:00 AM - 12:30 PM
Parker Library | Event Hall | 20105 E. Mainstreet | Parker, CO 80138
(east of Parker Rd. at Mainstreet & Pine Dr., just north of Parker Town Hall)


The Aurora-South Metro Small Business Development Center (SBDC) is organizing this fair in collaboration with the Town of Parker, Parker-Area Chamber of Commerce and the south metro area economic development specialists.  Businesses are invited to attend at no charge.

Find out about SBA programs, loan and micro-loan programs available for small businesses through lending institutions, government contracting resources, State of Colorado and expanded SBDC services. There will be short presentations and an opportunity to visit all the resource tables. Plenty of time for Q&A!

Resources will include: SBA, SBDC, Connect2DOT, Minority Business Office, Manufacturers EDGE, Colorado Procurement Technical Assistance Center (PTAC), Arapahoe/Douglas Works!, Better Business Bureau, Colorado Enterprise Fund, Preferred Lending Partners, Colorado Lending Source, Accion and more!

It's free, but please register and receive updates: http://bit.ly/2NZIyKf

Download the announcement here...

Sponsors:

                  

Disaster Recovery Booklet

Wednesday, June 20, 2018

     

The drought in Elbert County that began this April prompted the SBA to offer eligible small nonfarm businesses in Arapahoe, Douglas, El Paso, Elbert and Lincoln counties low interest federal disaster loans.  See previous blog.

Prepare, Respond, RecoverObtain a "Disaster Recovery and Continuity Guide for Colorado Businesses" produced by the Colorado SBDC under the Disaster Relief Program.  It includes helpful assessment, action and financial projection worksheets.  Just call or drop by the Aurora-South Metro SBDC (Aurora office -- 303-326-8686).

Disaster Recovery

Wednesday, June 20, 2018

 

Disaster Field Operations Center West

Release Date:  June 12, 2018

Contact:  Richard A. Jenkins, (916) 735-1500

Release Number:  CO 15561-01

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 SBA Economic Injury Disaster Loans Available to Colorado Small Businesses

 SACRAMENTO, Calif. – Small nonfarm businesses in Arapahoe, Douglas, El Paso, Elbert and Lincoln counties are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by drought in Elbert County that began April 10, 2018.

“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said.

Small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.

“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 3.58 percent for businesses and 2.5 percent for private nonprofit organizations, a maximum term of 30 years and are available to small businesses and most private nonprofits without the financial ability to offset the adverse impact without hardship,” Garfield said.

By law, SBA makes Economic Injury Disaster Loans available when the U.S. Secretary of Agriculture designates an agricultural disaster. The Secretary declared this disaster on June 5, 2018.

Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Service Agency about the U.S. Department of Agriculture assistance made available by the Secretary’s declaration. However, nurseries are eligible for SBA disaster assistance in drought disasters.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The deadline to apply for economic injury is Feb. 5, 2019.

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 About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

May Business Resource Fair

Monday, May 07, 2018

The May 5th Business Resource Fair at Arapahoe/Douglas Works was a grand conclusion to National Small Business Week.
Many thanks to Congressman Coffman and his staff for presenting this annual fair!

Below are some photos of the many community partners who came out on a lovely Saturday morning to make the event possible and to inform small businesses about the many services available to help them grow and prosper!

Follow this link to the resource partners contact information.

Above, emcee for the morning, Marcia McGilley, Executive Director of the Aurora-South Metro SBDC, talks with SCORE representative, Ken Heller.

Mayor Stephanie Piko welcomed the attendees and gave a proclamation for National Small Business Week.

Congressman Mike Coffman (front and center) smiles with the many resource partners who interacted with attendees throughout the morning.
Becky Takeda-Tinker, President of CSU Global, introduced the Congressman to the crowd (pictured here in the red top and light jacket).

Tom Thompson of the Colorado Procurement Technical Assistance Center (PTAC) and Cindy Nowak, Regional Director for Manufacturer's Edge, greet attendees and discuss their services with business owners.

 

 

 

Five Cs of Credit

Monday, April 23, 2018

Five characteristics used by lenders to gauge the creditworthiness of potential borrowers.

Wednesday, April 25th, 12PM - 1PM, FREE | Lunch included.
Aurora Municipal Center | 15151 E. Alameda Pkwy. | Aurora 80012 | 2nd floor ASPEN conference room

Please pre-register here...