Colorado

Colorado provides several programs to support small businesses, particularly those focused on training and workforce development. Programs like the Skill Advance Colorado Job Training Grant offer funding to help businesses train new employees and enhance their workforce’s skills. While direct hiring grants may be limited, these programs are valuable resources for small businesses looking to grow in Colorado.

Skill Advance Colorado Job Training Grant

• Purpose: Supports workforce development by funding job training for new hires or retraining existing employees.
• Eligibility: Open to Colorado businesses looking to train new or existing employees. Specific eligibility requirements differ based on whether the business is relocating, expanding, or already established in Colorado.
• Benefit: Covers a portion of training costs, with amounts depending on the program specifics.
• Application process: Apply through the Colorado Community College System (CCCS) or the Colorado Office of Economic Development and International Trade (OEDIT).
• More info: Visit CCCS or OEDIT websites for application details.

Colorado First Program

• Purpose: Provides funds to businesses relocating to or expanding within Colorado, specifically for training new hires.
• Eligibility: Businesses must be new to Colorado or expanding their workforce within the state.
• Benefit: Offers financial support for training costs associated with new hires.
• Application process: Apply through OEDIT.
• More info: For more details, visit the OEDIT website.

Colorado grants for small businesses

For small businesses looking for Colorado grants, the Skill Advance Colorado Job Training Grant and Colorado First Program provide substantial funding opportunities for workforce training and development. These programs help Colorado businesses stay competitive by ensuring employees are equipped with up-to-date skills.

Other relevant programs in Colorado

• Existing Industry Program: Offers funding to established Colorado businesses for training current employees, supporting long-term workforce development and skill-building.
• Workforce Innovation and Opportunity Act (WIOA): A federal program that provides funds to support employee training and skill development in Colorado businesses through local workforce development boards.

Helpful websites for small businesses in Colorado

To get the most current and accurate information about grants, tax credits, and training programs specifically for small businesses in Colorado, it's recommended to contact these organizations directly or visit their websites. They can provide up-to-date details on available programs, eligibility requirements, and application processes.