MICROLOANS
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DESCRIPTION: The Colorado Enterprise Fund is a non-profit
community development financial institution founded in 1976 to help people
start or expand small businesses. This fund provides business loans and
management assistance to entrepreneurs who are unable to obtain financing
from traditional sources. The Colorado Enterprise Fund offers loans through
two programs: The Denver Metro Area Loan Program and the Boulder Microloan
Program. ELIGIBILITY: ·
Must be in the 6 metro
Denver counties which they serve ·
Have a Boulder-based
business for the Boulder Microloan Program ·
Have a sound idea for a new
small business ·
Currently own a small
business and want to expand or upgrade ·
Have enthusiasm and energy
to make their small business grow PURPOSE: The Colorado Enterprise Fund is trying to bridge
the gap for business which might qualify for a bank loan someday, but need a
little time to grow before they're ready. They also want to support women,
ethnic minorities, and low-to-moderate income people. LOAN AMOUNT: Up to $25,000 CONTACT: Colorado Enterprise Fund Contact: Ceyl
Prinster The Colorado Enterprise Fund serves as an intermediary in the SBA Microloan Program. |