January 2021
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As we say our goodbyes to 2020, we wanted to honor the hard work put in by our entrepreneurial clients this past year. You showed creativity, innovation, persistence, drive and patience! Last year was one of massive change and we all pivoted in response, sometimes daily.

Here’s to 2021 … a New Year! Although not much has changed yet, we can feel your hope and anticipation--hope for a quick economic turn-around and anticipation of a return to some form of business that we might recognize.  

Please keep us posted on your success in getting federal, state, county or city grants; rehiring of your staff members and any pivot plans that you have created to survive this time.

The Aurora-South Metro SBDC Team is here and ready to assist you in planning for a brighter future through our new topical and business plan webinars, and our free and confidential one-on-one consulting.

As always, we are honored to walk this entrepreneurial path with you.
Happy New Year, Marcia McGilley, Executive Director
Business Conversations: How Do I Lead and Manage During a Pandemic? January 13, 4:30 PM, Free: Register here.
VIRTUAL FINANCIAL CONSULTING

It's time for year-end reporting and getting your books in order. Start the year right. Book an appointment with a financial advisor today. Although the Aurora-South Metro SBDC does not provide tax consulting, we can help you understand your 2020 financials and review your 2021 budget projections based on real numbers.

Note that a start-up workshop is required prior to consulting for entrepreneurs in business for one year or less. Cash Flow Essentials is slated for
NEW OEDIT WEBSITE -- Resources to support businesses, nonprofits, freelancers, and independent contractors. Remember to revisit the site for updates and new resources as they are posted: https://oedit.colorado.gov
TVXW is a 10-part virtual cohort series designed to help female-owned emerging companies in Colorado’s advanced industries to overcome hurdles in order to accelerate growth and development. TVXW focuses on growth through nondilutive capital sources and technology commercialization. The series combines a virtual peer group format with more than 30 hours of strategic growth consulting. Link to PDF for more information.

5 STAR STATE CERTIFICATION PROGRAM
The program encourages businesses to implement safety measures beyond what is already required by public health orders and guidelines that will help slow the spread of COVID-19. In doing so, businesses will be able to accelerate their reopening. Depending on where their county falls on the COVID-19 dial, certified businesses are eligible for less restrictive capacity caps. Click the button on the left for more information.

ARAPAHOE COUNTY'S FIVE-STAR RECOVERY PARTNER PROGRAM
Arapahoe County has been approved through the CDPHE.  Consistent with the State of Colorado program requirements, businesses applying to the program will need to meet General Business requirements for certification. In addition, there are industry-specific requirements businesses will need to follow. Click the button on the right for details and the application portal for Arapahoe County businesses.
FUNDING AND OTHER PROGRAM OPPORTUNITIES
The bill SB20B-001 provides $57 million in direct aid, grants, and annual fee waivers to struggling small businesses and also creates grant programs and allocates funds specifically for art and cultural organizations as well as minority-owned businesses. Multiple state agencies are currently working with local government associations and governments, regional councils of governments and economic development agencies and non-profit distributors on eligibility, applications and distribution.

Small businesses: Please apply for funding through your counties, councils of government, economic development districts or – if a county is unable or unwilling to administer the program – municipalities. Link to FAQ doc.

Paycheck Protection Program -- Many businesses will be eligible for a second round of PPP loans and /or increases in original PPP loan amounts. Details forthcoming. Contact your lender and/or accountant for PPP loan forgiveness details.
Send a message to the SBDC today:
Email is best; working remotely most days
(303) 326-8686

Se habla Español
(303) 326-8808