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Category: Finance

Access to capital for your small business

Two New Funding Programs For Your Small Business

A major barrier to entry for startup businesses is funding. While it is important to work through long-term, sustainable, funding strategies with a business consultant, there are some new grant and loan programs from the Office of Economic Development and International Trade to help startups become established. Read on to learn about two funding programs to see if they are the right fit for your business.

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How to Access Capital

It seems like you have all the makings for a great business: ingenuity, passion, strategy, determination… but do you have the money to make it all happen? Funding a start-up business is the biggest barrier to entry and can feel completely overwhelming. Don’t throw in the towel just yet though. Karen Patel, lead SBDC financial consultant has some great advice for you about what your capital resources are and the good news is you have options!

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The Colorado Small Business Development Center Network (SBDC) is funded through a cooperative agreement with the U.S. Small Business Administration (SBA). The SBDC Network is a partnership between the State of Colorado, Colorado Office of Economic Development and International Trade, the Small Business Administration (SBA), Colorado’s institutions of higher education, local economic development organizations and local chambers of commerce. 

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