SB21-001
Modify COVID-19 Relief Programs For Small Business
Concerning modifications to programs enacted to provide relief to certain businesses impacted by severe capacity restrictions due to the COVID-19 pandemic.
Session:
2021 Regular Session
Subject:
Bill Summary
Business & Economic Development
The act moves the COVID-19 relief program for minority-owned businesses from the minority business office to the Colorado office of economic development and expands the scope of the program to allow relief payments, grants, loans, and technical assistance and consulting support to small businesses disproportionately impacted by the COVID-19 pandemic.
Additionally, the act extends the deadlines for allocating and distributing relief payments under the small business relief program.
(Note: This summary applies to this bill as enacted.)