The Colorado Business Development Foundation has funded and developed small business resources since its inception in 2014. Here are just a few examples of CBDF projects, and the impact created as a result of them.

 
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Certified Small Business Community PROGRAM

In 2017, the CBDF received a $200,000 grant from the Colorado Office of Economic Development and International Trade to help the Colorado Small Business Development Center Network create the Certified Small Business Community (CSBC) program. The CSBC program assists rural communities in taking their entrepreneurship promotion and retention to the next level and be a standard bearer for the State of Colorado. Selected communities received a designation of a "Certified Small Business Community" to promote a great place to "Work, Live and Play" in Colorado.

CERTIFIED COMMUNITIES

City of Fruita

Lincoln County

Prowers County

Rio Blanco County

 

TRAINING

39
training events

394
attendees

195
hours of outreach

CONSULTING

104
businesses

392
consulting sessions

804
consulting hours

 

IMPACT

33.5
jobs created and retained

$150,000
sales increase

$4,508,000
capital formation

 
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MINORITY BUSINESS OFFICE GRANT 

Since 2016, the Minority Business Office of Colorado, located within the Colorado Office of Economic Development and International Trade, has granted the CBDF $217,000 to fund and develop consulting and programming for minority-, women- and veteran-owned businesses. The CBDF used a network of certified business consultants and technical assistance programs to provide this assistance statewide. The focus of the program was to help businesses understand and navigate the confusing world of certifications, as well as market themselves as a certified business in order to win more government contracts.

 

CONSULTING

1,808
businesses

4,699
sessions

7,398
consulting hours

IMPACT

23
certifications

1,219
jobs created and retained

65
business starts

$145,000,000
contracts awarded

$5,200,000
loans obtained

$30,000,000
sales increase

 
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Small Business Night at Coors Field

In 2018, the CBDF hosted the 5th Annual Small Business Night at Coors Field. It was held in partnership with Haynes Mechanical, the Colorado Rockies and the Colorado Small Business Development Center. The goal of the event is to provide a casual environment where like-minded entrepreneurs can network and connect to help grow their businesses. Since 2014, Small Business Night has had various supporters from corporations, non-profit organizations and government agencies. 

IMPACT

5
annual events

1,680
attendees