Small businesses in Colorado get $100 million boost

Colorado just secured $100 million in funding to create and retain jobs

Colorado secured $100 million in funding to create and retain jobs. Gov. Jared Polis made that announcement on Friday.

The money comes from the U.S. Treasury Department in the form of a state small business credit initiative.

The money will go to various groups including:

Venture Capital Authority which helps businesses owners access venture capital
Cash Collateral Support Program which helps small business lending
Climber Fund which helps those businesses hit the hardest by the pandemic

Jennifer McRae is a digital media producer with more than 25 years of experience in news. Jennifer is part of the digital team recognized for excellence for Best Website several times by the Colorado Broadcasters Association.

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