This grant is made possible through funds from the federal CARES Act, which Adams County is distributing to local municipalities to assist businesses impacted by the COVID-19 pandemic.
With funding from Adams County through the federal CARES Act, the City of Brighton in conjunction with the Brighton Economic Development Corporation (BEDC), has reopened applications for their grant program to assist small businesses with paying the rent or mortgage for a three (3) month period not to exceed a total of $15,000. These grant funds are stackable with other resources obtained by the business applicant, but funds can not be used for the same purpose that other programs have already covered.
Applicants will be funded on a first-come, first-served basis. Businesses must have 50 or fewer employees to be eligible. Microbusinesses (9 employees or less) will be prioritized for assistance funds. Home-based businesses are not eligible. Nonprofits are eligible to apply. New applications must include:
- A complete online application
- Business Form W-9
- A copy of state-issued identification verifying legal residency in the United States (i.e. unrestricted driver’s license, US passport or tribal document)
- A copy of the business’ current lease or mortgage statement
- A narrative clearly demonstrating the need for grant assistance
- Business must be current on city sales tax or be on an active payment plan
- Business must have a current city license issued by the Finance Department
- Business must be registered and in good standing with the Colorado Secretary of State
New applicants can apply with the above documents here: http://brightonco.gov/businessgrant
If a business applied for and received this grant when it first launched back in May, they will be able to apply for additional funding without uploading as much information as before. Second-round applicants can apply here: http://brightonco.gov/secondround or once they receive an email to update any information that may have changed and e-sign indicating that they would like to participate in this additional round of funding. This application is only for businesses that were approved when the grant first launched. Additional documentation may be requested if your lease has changed or expired during any of the months that you are requesting mortgage or rent assistance. An additional change to this program includes payment directly to the landlord or lender who owns the property.
The deadline to apply is Dec. 14 by 11:59 p.m. MDT. Additional applications will NOT be accepted after this date. Applications submitted by the deadline and subsequently approved should expect funds to be distributed within 7-10 business days of receiving funding approval notification by email. Approval emails can be expected within 7-10 business days of receiving a complete application online. All applicants will be emailed a copy of their responses upon submission. Additionally, all applicants must give the city authorization to audit and/or verify how these grant funds were used and additional documentation may be required after funds are disbursed.
The application for the Brighton Business Rental and Mortgage Assistance Grant can be found at the City of Brighton website under COVID-19 Resources. https://www.brightonco.gov/1503/COVID-19-Assistance
Applications will be accepted until 11:59 p.m. MDT on December 14th, 2020. Any additional questions about the application, documentation needed,or eligibility requirements can be directed to the City’s Finance department or emailed to firstname.lastname@example.org.
About the Brighton EDC
Brighton Economic Development Corporation (BEDC) is a 501c (6) Colorado non-profit organization serving the Greater Brighton Area. BEDC is the primary agent for economic development services. BEDC offers relocation, retention, and expansion assistance and support to businesses. BEDC works to expand and diversify the local tax base by facilitating the creation of quality jobs and the attraction of retail development. BEDC encourages responsible, diverse growth and development that enhances Brighton’s quality of life as a desirable place to live, work, learn, and play. To learn more about Brighton Economic Development Corporation, visit www.brightonedc.org or call 303.655.2155.