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1. What is the application process?

As applications are received, they will be recorded in order of date/time received.

Please note, applications are not reviewed or approved on a first come first served basis. Instead, applications will be evaluated based on completion of application, priority analysis, review of financial position, and the ability for a business to leverage these funds most effectively through the recovery effort to achieve long term success. Applications will be collected through November 20 with anticipated disbursement of funds by December 15, 2020. Assistance will depend upon the number of applicants, availability of funds, and demonstrated need.

2. When do applications open?

Applications are currently open. Please use the Berthoud Recovery Fund Application to submit your application. 

3. Where does my business physically need to be located to apply?

• Berthoud

4. Who can apply and what are the criteria?

• Berthoud businesses and/or locally owned franchises in Colorado.
• Business in operation for a minimum of 6 months as of the date of application. Must be able to demonstrate solvency (defined as positive equity and net income) prior to February 29, 2020
• Provide receipt of application for at least one of the available Government Relief Program (EX: SBA Disaster Loan, PPP Loan, EIDL Loan, Town of Berthoud Sales Tax Rebate, etc.)
• Berthoud based nonprofit organizations in operation for a minimum of 6 months as the date of application offering direct assistance to Berthoud residents with COVID-19 related support.

5. How long will it take to review my application?

It may take up to 30 days to review your application and provide confirmation if you are a recipient. Our review committee will meet regularly to review applications and once approved, will distribute funds.

6. Who can help me with other questions?

Berthoud Business Development Department, please call 970-344-5806. You can direct other questions Walt Elish to . 

7. What happens if I don’t have all the required documentation on the application?

We need all of the required documentation that is asked for, if you do not have this documentation, your application cannot be submitted. If you need help navigating this process, please email Walt Elish.