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City Creates Programs to Assist in Business Recovery

Post Date:04/24/2020

Littleton Business Recovery Grant

The Littleton City Council understands the tremendous challenges faced by small businesses.  With that in mind, on April 21, the council unanimously approved the Littleton Business Recovery Grant program. The fund amount is $150,000 with 60 individual grants of $2,500 awarded to eligible applicants.  Applications will be considered on a first-come, first-serve basis and will open Monday, April 27 at noon and close Tuesday, April 28 at noon. Eligibility requirements and a link to the application will be provided in an email to businesses and can be found on Go2Littleton.com and City of Littleton – COVID-19.

Enterprise Zone Contribution Project

The cities of Littleton and Englewood are partnering on a new South Metro Enterprise Zone contribution project to encourage public donations to assist businesses that have had to close, have limited operations, or are in the process of reopening due to the COVID-19 pandemic. The project is now open to accept donations for eligible businesses. Enterprise Zones are geographic regions that are granted special status to encourage development and economic growth. South Metro Enterprise Zone Map [PDF]

“The entire City of Englewood is fortunate to reside within the designated South Metro Enterprise Zone and this new donation program will be an appreciated companion to the efforts we have instituted to support our local business community during this very challenging time,” said Englewood Mayor Linda Olson.

“I know there are many people who want to help businesses that have been devastated by COVID-19,” added Littleton Mayor Jerry Valdes.  “I support the Enterprise Zone Contribution Project because it’s a great way for citizens to make a tax-deductible donation to help businesses in that zone to sustain and recover.”

Donations will be used to assist eligible businesses that have been negatively impacted by the COVID-19 pandemic. Examples of support that donations may fund include: rent/mortgage, employee support (salaries, insurance), and utilities. The project allows donors to receive a 25% state tax credit for their donation.  The minimum donation is $100, and donations will be distributed to eligible businesses that have applied for assistance. 

For more information on how to donate to these businesses, visit the South Metro Enterprise Zone contribution project page.

City Manager and Council Announce RISE Initiative

Littleton is bringing together business owners and managers to Recover, Innovate, Stabilize, and Envision (RISE) the short- and long-term economic recovery from COVID-19.  RISE will be led by Mayor Valdes and Council Member Driscoll with the goal of identifying operational obstacles for businesses to succeed. 

The full impact of COVID-19 is still unknown but it has affected every sector of the city. The City of Littleton has invited business leaders to discuss strategies and develop initiatives to get Littleton’s economy moving again. While there are still many unknowns, the city is ready to adapt and evolve as the status of COVID-19 unfolds. The topics under consideration include: state and federal advocacy for resources and relief, streamlined processes and guidance for phased re-opening, focused business models to reflect the changing environment, coordinated business recovery planning, one-on-one business coaching, workshops, training, technical assistance, webinars, and more.

For more information about RISE, call 303-795-3725.

 

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