Disaster Recovery & Relief
The Colorado SBDC Network is here to help businesses who have been affected by recent disasters in Colorado including response to the current health care crisis: COVID-19. Our consultants and partners, including the SBA, provide services to assist with disaster loan applications, long-term planning, physical and economic loss estimations, businesses preparedness, and more. The Colorado SBDC Network is not a health organization. For the latest news regarding the current health situation, COVID-19, consider the following resources:
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Stay up to date on the latest throughout Colorado. Learn about COVID-19’s impact in our state. For general questions about COVID-19: Call CO-Help at 303-389-1687 or 1-877-462-2911 or email COHELP@RMPDC.org for answers in English, Spanish, Mandarin, and more.
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Obtain the latest updates on COVID-19 across the USA.
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Follow impacts of COVID-19 across the World.
Consulting & Disaster Recovery
The Colorado SBDC Network will assist businesses affected by recent and current disasters. Our office, East CO SBDC, will transition to virtual consulting starting March 16th until further notice. This practice will continue to be reviewed and updated based on current recommendations and our host organization’s policies (Monfort College of Business at UNC).
The Small Business Administration launched Disaster Relief Assistance – https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
The Colorado SBDC Network has videos and resources for small businesses impacted by COVID-19. https://www.coloradosbdc.org/covid/
Prepare, Respond, Recover
Any economic down turn can become a burden for business. The risks of starting or operating your own business are magnified – it is scary, uncomfortable, and uncertain. There are many resources dedicated to assisting businesses at the federal, state, and local levels. The Colorado SBDC Network will continue to provide assistance throughout the current health crisis: COVID-19. While practice social distancing, where applicable and possible, review these resources:
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Colorado SBDC Network COVID-19 updates, resources, and small business COVID-19 Disaster Response Hotline: 303-860-5881 (open Monday-Friday 8am – 5pm)
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Access free legal advice related to COVID-19 issues. Lawyers may volunteer time to assist small businesses.
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Discover current COVID-19 Small Business Resources – follow the hashtag #StayCalmAndSmallBusinessOn
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The U.S. SBA offers designated states and territories low-interest federal disaster loans for working capital. For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 or email disastercustomerservices@sba.gov.
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If you have an SBA 7(a) or 504 loan talk to your lender about deferment possibilities.
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Learn about Colorado Health Emergency Leave with Pay.
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Colorado is on a statewide Stay-at-Home order. Learn more about the order and businesses to a defined as “Critical Businesses”.
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Ready yourself and your business with tips and toolkits.
Disaster Recovery & Continuity Guide
After the natural disasters in the fall of 2013, the Colorado SBDC Disaster Relief Team worked with federal, state, and local resources to produce a comprehensive guide to assist Colorado businesses.
COVID-19 Small Business Response Resources
The Colorado SBDC Network put together a guide to help businesses navigate available resources amid the current health crisis.
Access to Capital
Many organizations have been working to create and provide access to disaster capital for businesses impacted by COVID-19. This is by no means a comprehensive list. We will strive to continuously update this section with reliable sources of disaster capital. We recommend reviewing all eligibility requirements and capital criteria in order to make the best decision for your business.
Federal Relief Funding
Loans
Grants
Additional Resource
Resiliency
Colorado Businesses, like many other across the US and the world, are and will continued to face many challenges due to the COVID-19 pandemic. It will be crucial for small businesses to re-evaluate and even pivot their business models to strengthen their companies.
Below are resources aimed at guiding business through the next step – resiliency.
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Every business will face an unexpected disruption at some point. The planning you do now can mean the difference in how quickly—or whether—your business recovers
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This Business Resiliency Plan is meant to work with America’s SBDC Business Resiliency Guide, the goal is for you to create a plan that will help you respond to most emergency situations and recover as quickly as possible.
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Update your current business plan or SOP’s with emergency procedures.
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Webinar training with Google and ASBDC – An actionable business resiliency plan could mean the difference between business continuity or closure.
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This guidance is not a standard or regulation, and it creates no new legal obligations. It contains recommendations as well as descriptions of mandatory safety and health standards.
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This report provides a road map for navigating through the current COVID-19 pandemic in the United States.
