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OpenState programOpen to for-profit businesses

Rural Jump-Start Program (General Operating Matching Grant)

Colorado Office of Economic Development and International Trade (OEDIT), Business Funding and Incentives division; approved by the Colorado Economic Development CommissionNo deadline listedUp to $25,000

Summary

New (not yet operating) businesses locating in Colorado's Rural Jump-Start zones that will hire new full-time employees can get a reimbursable matching operating grant of up to $15,000 ($25,000 in Tier 1 Just Transition communities), plus state and local tax relief.

About this grant

Rural Jump-Start gives tax relief plus a reimbursable matching operating grant to new businesses that start in or move to a designated Rural Jump-Start zone (rural, economically distressed counties) and hire new employees. Operating grants are up to $15,000, or up to $25,000 in Tier 1 Just Transition communities. The program matches 25% of operating expenses such as rent, equipment, salaries, marketing and utilities. Applications are rolling, and grant benefits are accepted through June 30, 2028 or until grant funds are awarded.

Who can apply

  • Small businesses
  • For-profit companies

Not operating (selling a product or service) in Colorado at the time of application

Located in a Rural Jump-Start zone

Cannot directly compete with the core function of another business operating in the applicant county or an adjacent economically distressed county

Exports goods and services outside the county

Forms a relationship with a program Sponsoring Entity

Not a sole proprietor

Plans to hire at least three to five qualifying New Hires by the 3rd full year in the program

Cap of 3 new grant awards per county

Topics and uses of funds

Topics

  • Economic development
  • Rural
  • Startup

Money can be used for

  • Operating expenses
  • Startup
  • Hiring
  • Equipment

Set-asides

  • Rural

Program contact

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