Small Business Equity Fund Program

The Small Business Equity Fund (SBEF) grant program, launched by the Colorado Green Business Network (CGBN), provides funding to small businesses in disproportionately impacted communities, specifically Aurora and Commerce City, for energy efficiency upgrades. The program aims to support local small businesses, promote equity and resource efficiency, and enhance operational sustainability. Eligible projects can receive up to $10,000 per business for installations of LED lighting and other small energy upgrades, as well as upfront coverage of up to 70% of the cost for commercial refrigeration equipment replacements. Projects must be approved by the Colorado Green Business Network and are subject to a site visit for eligibility confirmation. Applications can be submitted online until August 1st, 2024, on a first-come, first-serve basis. Businesses must meet certain criteria such as being located in Aurora or Commerce City, operating for at least 2 years, paying utility bills, employing 50 or fewer employees, and being registered with the CO Secretary of State and IRS. To be eligible for additional energy-saving devices, businesses must sign up with Green Biz Tracker and become a Colorado Green Business Network support level member. Pictures of installed equipment must be provided. For further assistance or inquiries, applicants can contact the Colorado Green Business Network Specialists via email at cdphe.greenbusiness@state.co.us or phone at 720-968-0366.