Second Round of Recover Colorado Grants for Impacted Businesses Announced

DENVER, CO- The Colorado Office of Economic Development and International Trade (OEDIT) announced today a second round of Community Development Block Grant – Disaster Recovery (CDBG-DR) funding is now available to assist businesses and nonprofits within Boulder, Larimer and Weld and 16 other counties with recovery and resiliency efforts from the devastating floods and fires of 2012 and 2013. The application process is now open through December 31, 2017. All training and reimbursements must be completed by December 31, 2018.

The Recover Colorado Workforce Training Program is designed to help communities, businesses and ultimately individuals build resiliency through funding workforce training programs. Businesses, nonprofit organizations and micro-enterprises within the impacted counties are eligible to apply for the workforce training grant funds to upgrade employee’s skills. Workers will have the opportunity to attend customized workforce training classes to enhance skills and learn new long-term sustainable skills. Training can consist of customized group training or individualized, limited, on-the-job training.

There is an emphasis on workers in the construction related trades. Applications are approved based on eligibility, need, training to be supported, training outcomes, cost effectiveness, resiliency created, and the ability of the training to contribute to Colorado’s recovery. “This program will assist disaster impacted communities and businesses become more resilient by strengthening the knowledge base of its workforce, while also providing cross training and building skills that facilitate physical reconstruction” said director of Business Funding & Incentives Jeff Kraft. “The employees will benefit the most as they will be able to enhance their skill levels and learn new trades.”

The grant will be administered by community colleges located in the impacted communities who will serve as the main point of contact for businesses applying for the grant. To start the process, businesses must first go online to fill out a three question application. Once an application is submitted it will be routed to the appropriate community college and a grant administrator will contact the business for completion of the application.

“We’ve tried to make it as simple as possible for businesses to apply and take advantage of this opportunity,” said Kraft. “Businesses who take advantage of this program will be better prepared for the next disaster.”

The program has initially launched in Boulder, Larimer and Weld counties and will be available later this summer in all 19 counties declared disasters due to the floods and fires.