Lost in the Weeds? Trying to Unravel Information?
Weekly Business Update hosted by the City of Montrose on Wednesdays at 8:30 am. This call will include labor/ employment, business relief, and local economic boosting ideas, and will include a sheet of resources emailed to registered attendees each week.
Delta-Montrose COVID Business Support Group on Facebook provides an opportunity for business to business coordination and communication, and is an excellent repository of business support resources.
Southwest Region Business Update weekly call hosted by the Southwest Business Recovery Group providing information on federal programs, state resources, and business management tools and strategies.
Southwest Colorado Business Recovery Group on Facebook is an excellent resource with information on all state and federal programs.
Monday Motivators: Managing in Uncertainty: weekly call with Region 10 Register each week for this free series tackling the day to day challenges of operating your business in this difficult time.
Other Industry Specific Calls
Worried About Capital?
Delta County COVID Business Recovery Support Loan Fund
The Delta County Board of County Commissioners have established the Delta County COVID Business Recovery Support Loan Fund. The Business Loan fund was put together in conjunction with Region 10 and Uncompahgre Development, and allows for Delta County businesses to apply for a 3-year business loan of up to $5,000. The loan has 0% interest for the first year, and 1.5% interest in year two and three. See loan fund, application, and instructions. Completed applications should be emailed to email@example.com.
Region 10 Economic Disruption + Loan Program Information
Governor Polis has secured Federal loan assistance for Colorado’s small business. Colorado small businesses impacted by COVID-19 can seek individual small business loans up to $2M as part of the Small Business Administration’s Economic Injury Disaster Loan program. Small businesses throughout all 64 counties may seek SBA Economic Injury Disaster Loans.
Region 10’s Small Business Resource Center provides assistance to businesses experiencing economic distress and/or disruption with SBDC business consulting, technical assistance services, and loan fund assistance. Our information sheet regarding these and additional programs can be found here and can be printed to share with businesses.
The SBA has created a clearinghouse of information, including resources on the following:
- Guidance for businesses and employers
- Access to capital
- Workforce capacity
- Inventory and supply chain shortfalls
- Export assistance
Need Help Problem Solving?
Concerned about the Safety of Employees and Customers?
- Guidance for Protecting Employees and Customers
- Cleaning and Disinfecting Guidance
- Personal Protective Equipment Suppliers
What About My Employees?
Resources offer through Colorado Department of Labor & Employment (CDLE):
- Emergency Paid Leave Rule - This rule is meant to limit the spread of highly contagious disease and enables workers in at-risk occupations to access testing.
- Unemployment Insurance - During layoffs, all employees are encouraged to apply for unemployment insurance. Those who are job-attached (meaning workers will be expected to return after a separation of up to 16 weeks) should file as "job-attached."
- Work-Share Program may allow certain employees who have had reduced hours to claim partial unemployment benefits.
- Federal Regulations—Families First Legislation
But I’m a Sole Proprietor or Gig Worker!?!
- If you have only been self-employed (see below for list of types of employment) for the last 18 months and you pay taxes on that income, you should file for Pandemic Unemployment Assistance.
- If you are an employee of a nonprofit church or religious organization that does not pay unemployment. NOTE: Some religious organizations may elect to pay unemployment and then you have to file a regular unemployment claim.
Self employed or independent contractor includes:
- Sole proprietor who does not pay unemployment premiums
- Business owner
- Gig-economy worker
- App-based worker (e.g. Uber, Lyft, Instacart)
- Being issued a 1099 form from the business to report income for tax purposes
- Filing a Schedule C tax form to report income made and lost