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Top Small-Business Grants in Colorado
State, local and federal grants are an option for Colorado small businesses that are seeking funding for expansion, working capital and other purposes.
Lisa A. Anthony is a former lead writer on NerdWallet’s small-business team, primarily covering small-business lending. She has over 20 years of diverse experience in finance, lending and taxes. Prior to joining NerdWallet, Lisa worked as a writer for Intuit Turbo Tax, loan officer for Bank of America and a business analyst for Wells Fargo Home Mortgage. Over the years, she has had the opportunity to interact directly with consumers on lending products and tax preparation software. Her work has appeared in The Associated Press, Washington Post and Entrepreneur, among other publications.
Sally Lauckner is an editor on NerdWallet's small-business team. She has more than a decade of experience in online and print journalism. Before joining NerdWallet in 2020, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content and specializing in business financing. Her prior experience includes two years as a senior editor at SmartAsset, where she edited a wide range of personal finance content, and five years at the AOL Huffington Post Media Group, where she held a variety of editorial roles. She is based in New York City.
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Colorado small businesses may be able to access funding through business grants. This money doesn’t need to be repaid, but it does require some work and time away from your daily business activities. And while some grants are exclusively available to Colorado small businesses through local and state government agencies, you can broaden your search to include national grants open to businesses across the U.S.
Here are some small-business grants available to Colorado businesses and a few tips on how to manage the grant process.
How much do you need?
We'll start with a brief questionnaire to better understand the unique
needs of your business.
Once we uncover your personalized matches, our team will consult you
on the process moving forward.
Colorado-specific small-business grants
There are small-business grants, both local and statewide, that are available specifically to Colorado small businesses.
Office of Economic Development and International Trade grants
Advanced Industries Export Grant (awards up to $15,000).
State Trade Expansion Program (STEP) Grant (awards up to $10,000).
Community Business Preservation Program (awards up to $50,000).
Skill Advance Colorado Job Training Grant (award amounts not disclosed).
Advanced Industries Early-Stage Capital and Retention Grant (awards up to $250,000).
Innovative Housing Incentive Program (awards up to $350,000).
Skill Advance Colorado Grant Program
These grants, provided jointly through the Colorado Community College System (CCCS) and the Colorado Office of Economic Development and International Trade (OEDIT), come in two varieties:
Colorado First provides funds for businesses that are relocating to or expanding in Colorado to train new hires.
Existing Industry provides funds to established Colorado businesses to help them remain competitive within their industry, adapt to new technology and prevent layoffs.
A number of small-business grants are offered through the nonprofit Downtown Development Authority located in Colorado Springs. Small businesses located in the downtown area of the city may be interested in the following grants:
Building Enhancement Grants (awards from $10,000 to $50,000).
Retail Incentive Grants (awards from $10,000 to $50,000).
Tree Canopy Grants (awards from $2,000 to $12,000).
The Denver Foundation grants
The Denver Foundation (TDF), a Colorado-based nonprofit organization, focuses on the seven-county Denver metropolitan region. Nonprofits located in the Metro Denver region with a 501(c)(3) designation can apply. It offers a few grants, generally focused on reducing racial, ethnic and economic disparities:
Black Resilience in Colorado (BRIC) Fund (awards from $2,500 to $25,000). Deadline: April 15, 2026.
Capacity Building Fund at The Denver Foundation (awards from $500 to $6,000). Deadline: Nov. 2, 2026.
Strengthening Neighborhoods (awards from $500 to $5,000). Deadline: Oct. 19, 2026.
NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.
NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.
NerdWallet's ratings are determined by our editorial team. The scoring formulas take into account multiple data points for each financial product and service.
National grant programs open to Colorado businesses
Although they may not be specific to Colorado-based entrepreneurs, the following grant programs are open to businesses located throughout the U.S.
Grants.gov
If you’re interested in federal grants, Grants.gov, is a great place to find and apply for grants. The U.S. Department of Health and Human Services manages the website, but grant opportunities for all types of federal agencies can be found including those for the Department of Agriculture, Agency for International Development, Department of Energy and Department of the Interior.
National Association for the Self-Employed (NASE) Growth Grants
The nonprofit National Association for the Self-Employed (NASE) offers Growth Grants in amounts up to $4,000 to small businesses. Grant funds can be used for specific business needs, such as expanding facilities, hiring employees, advertising and marketing. NASE requires that you be a member of the organization and provide detailed information about need for funding, use of proceeds and impact on your business growth. Applications are accepted on a quarterly basis.
America’s Seed Fund
America's Seed Fund is coordinated by the U.S. Small Business Administration (SBA) and is funded through the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. Grants that range from $50,000 to $1.8 million are designed to support small-business innovation and technology. The grant process is lengthy and takes a business from proof of concept through technology development to the final phase of commercialization.
Amber Grants
For women business owners, Amber Grants from WomensNet offer several grant awards throughout the year. Amber Grants, Startup Grants and Business Category Grants in the amounts of $10,000 are awarded monthly along with annual awards of $50,000. These grants are available to both U.S. and Canadian businesses that are at least 50% women-owned. A single application will allow you to be considered for all three grants.
Managed through the SBA, the Program for Investors in Microentrepreneurs (PRIME) offers funding for organizations, including nonprofits and Tribal Governments, that provide assistance to disadvantaged microentrepreneurs. This includes access to capital, training and technical assistance.
The grant process takes time, especially your first application. Although you're likely to become more efficient with each application, you’ll still need to devote time and energy to the process while not neglecting your day-to-day business operations.
It can be helpful to determine how much time you can realistically spend on grant-related activities — whether daily, weekly or monthly — and schedule that time on your calendar. Paying careful attention to application deadlines, can allow you to avoid missing them or wasting time on grants with submission deadlines that aren’t feasible.
Understand your eligibility
Many Colorado small-business grants have specific requirements for eligibility. Depending on the grants, requirements could be based on factors such as the following:
Location of business.
Number of employees.
Characteristics of the owner (gender, race, ethnicity, etc.).
Industry in which the business operates (farming, manufacturing, biotech, etc.).
For-profit or nonprofit business.
How the money will be used.
Business goals and mission.
Projected number of jobs created with funding.
Size of the project.
Who the business serves.
You’ll want to make sure you meet grant requirements before you apply. Also, the more relevant a grant is to what your business is doing, the more likely you’ll be in serious contention to win.
Be realistic about the process
Grants are competitive and winning a grant is not a given.
Providing a persuasive argument for funding can be a major part of the grant application process. Talking with a trusted mentor or using the free business consultants at your local Colorado Small Business Development Center or SCORE office, may be helpful in creating a needs statement and explaining how the funds could benefit your business, customers and surrounding community.
Also, be realistic about your chances of winning a grant. Because of the strong competition for grants, you may want to also look at small-business loan programs, such as SBA loans and traditional bank loans. Having an alternative plan is advisable, especially when you need money quickly for your business or if it’s vital to expanding operations.
Finally, understand that if a grant sounds too good to be true, it likely is. You’ll want to thoroughly research any grant program, especially if it’s being promoted through an unsolicited email or ad and requires a fee.