COVID-19 Business
Resources Hub

Economic Resilience Strategy

As presented to City Council on April 21, 2020 the Business Response Team (BRT) has created a resilience strategy that takes a three-pronged approach supporting Longmont’s business community. This strategy was drafted based on the survey responses from the first two BRT surveys, response to resources made available to-date, conversations with representatives of the business community, and the collective expertise of the team. 

Capital

From loss of revenue to cash preservation and raising capital, financial resources are of most pressing an immediate need for Longmont’s business. The capital strategy focuses on supporting both the cash conservation and capital infusion needs of our business community.

Communication

Most survey respondents have said they want communication, communication, communication! We are compiling and coordinating communication across multiple channels to help ease inboxes and get important information into the world. Explore for up-to-date information about programs and regulations.

Education

Longmont’s business owners recognize that getting back to business does not mean business as usual. From e-commerce to work-from-home technology and navigating the use of federal resources, we know businesses need access to the right resource to help them adapt to the “new normal.”

Capital

Apply for a Federal Financing

SBA Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program loans are available again beginning Monday April 27, 2020.

Explore Alternative Funding

There are numerous initiatives providing alternative funding options, including KIVA crowdsourced loans and grants from big companies like Facebook.

Apply for Federal Financing

The funding for SBA Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP) Loans have been renewed and new funding has been made available starting Monday April 27, 2020.

Looking for information on additional federal financing programs including SBA Express Bridge Loans and Payroll Tax Credits? Please visit the Colorado SBDC COVID resource page by clicking here »

Explore Alternative Funding

View a comprehensive list of available resources to Colorado companies by clicking here to access a spreadsheet put together by Colorado’s Office of Economic Development and International Trade.

Alternative Loan Programs
  • Colorado Lending Source has partnered with Kiva to create new 0% interest, $0 fee loans through the Kiva platform for US small businesses. Learn more by clicking here ». If you have any specific questions, you can reach out to Rachael Sall ([email protected]), who is the Kiva Hub Capital Access Manager.

 

Communication

Boulder County is on Safer at Home

Boulder County is aligned with the state orders for Safer at Home and allowing for curbside pickup for retailers. You can read more guidance by clicking the button below.

Colorado is transitioning to
Safer-at-Home

Everyone is still encouraged to stay at home. Critical businesses are open and non-critical businesses are operating with restrictions.

Get Your Questions Answered

Multiple organizations can help answer your questions about public health orders, business resources, and more.

See below!

General Updates

Get Your Questions Answered

I need guidance about re-opening my business in accordance with public health requirements.

Please review the guidelines Boulder County has provided here regarding the stay-at-home order. You can call their main line at 303-441-1100. If you are not located in Boulder County, please review the guidelines from the Governor and CPHE provided here, which includes sector-specific guidelines and recommendations.  

I need help with my EIDL or PPP application.

Reach out to the Boulder SBDC and schedule virtual consulting by clicking here »

I’m looking for help with funding options for my business.

The Small Business Navigator can direct you to resources and answer questions about COVID-19 specific funding. Hours are Monday through Friday from 8:00 a.m. to 5:00 p.m.

Hotline: (303) 860-5881
Email: [email protected]

I need help navigating unemployment.

Answering questions about unemployment insurance for your workers during these times? Further information is available on the Colorado Department of Labor & Employment website here »

You can also access additional information about Unemployment Insurance and the Colorado Department of Labor and Employment by clicking here »

Workforce Boulder County offices will be closed until further notice. During this time they would like to offer alternate ways of contacting them.

General Questions
Call Center: 720-776-0822
[email protected]

Business Customers: [email protected]

Veterans: Contact Daniel Savage, M.S.Regional Veterans Employment Representative, at 720-595-1232

GED Learning Lab/Young Adult Resources: [email protected]

Financial & Homeownership Education
Carla Farias-Sabalo (Spanish): 720-926-7599 [email protected]
Marcia Zipkin (English): 720-527-0270 [email protected]

You can also visit Workforce Boulder County’s website for more resources: www.wfbc.org

Education

Watch the Webinars

Boulder County SBDC and other organizations have been running webinars on a variety of topics to help sustain your business. Watch them below.

Join Regional Call

Every Friday, regional SBDCs are hosting calls to help answer your questions and provide additional resources. Read below for more details.

Watch the Webinars

Webinar 1: Financial Health (March 25)
Webinar 2: Defensive Marketing (April 1)
Webinar 3: The Big Picture (April 8)
Webinar 4: Alternative Funding (April 22)
Webinar 5: Negotiating Commercial Leases (April 23)

Join Regional Call

The economic impact of COVID-19 on Colorado businesses is widespread. The challenge is complex as are some tools available to help. There are many state and federal economic tools and technical assistance designed to help Colorado businesses, nonprofits and independent contractors through the interruption of economic activities. We understand that this is an uncertain time and it is difficult to stay informed and get answers to your most pressing questions.

To help share accurate and timely economic news throughout our state, the Colorado Office of Economic Development and International Trade has partnered with Startup Colorado and the Small Business Development Center Network to host weekly Friday resource calls.

Northeast Region (Boulder County and Weld County): Fridays at 3pm

Prepared by the Advance Longmont Business Response Team

Chart showing NextLight having the fastest ISPs in the United States in 2018
Map of the United States showing corporate income tax percentages in each state
Chart showing average electric rate in Longmont lower than Colorado overall and neighboring utilities
Price to income ratio chart showing Longmont's income ratio starting below 3 and rising to almost 5 between 2012 and 2018

Rigid Bits

“Longmont has been my home off and on since I moved to Colorado more than 12 years ago. I fell in love with the community and in 2015 decided to make it my permanent home. Because of the strong ties with the community, there was no question when I founded Rigid Bits in 2017 that it is where we would set our roots down. As an added bonus, NextLight is the fastest internet service provider in the country, which is a great fit for us.

Rigid Bits provides cybersecurity services to businesses nationwide, providing valuable insight to prevent attacks and respond immediately to cybersecurity events. Since 2017, we have supported 70 businesses across 17 states and a variety of industries. We have experienced 300% year-over-year growth with no signs of slowing down. Our plans are to continue to expand Rigid Bits’ services to support businesses in all industries with their cybersecurity needs, changing the way we work as the industry and threats change. As our growth continues, we will bring on new employees and just last month moved into larger office space in Longmont in preparation for our future”.

– Jeff Oden, Founder