Business Reinvestment Program

The Business Reinvestment Program is geared towards small businesses who are in need of capital for building improvements or new furniture, fixtures, and equipment. The investment should result in the creation and retention of jobs, increased sales revenue, and increased capital investment in facilities. Funds can be applied to interior or exterior business needs as follows:

 

 

 

 

 

 

 

Matching Funds

The funds granted to a business will be a 1:1 match not to exceed $10,000. In the event the cost of the project exceeds the maximum award amount, the business is responsible for the remaining balance. Once the work has been completed, the Brighton EDC will reimburse approved projects as defined in the award notice. This program will be administered internally by EDC/BURA staff and is available on a first-come, first served basis.

 

Eligibility

• 50 or fewer employees

• Businesses must be within the official City of Brighton municipal boundaries

• Businesses must be in existence for two (2) years or longer

• Businesses must be licensed to operate in Brighton, in full compliance with all rules and regulations required by the City of Brighton and in good standing with the City of Brighton

 

 

Workforce Training Assistance Program

The Workforce Training Assistance Program is an occupation or industry-specific training assistance program for current permanent, full-time, non-seasonal, non-retail employees of an organization who need to increase skills in order to advance their career. Employees who receive training will develop skills and knowledge needed to retain their current position or upgrade to a new job classification. Upon successful completion of training, the business agrees to retain, promote, and offer a wage increase to the employee. After completion, the Brighton EDC will reimburse 50% of the total training costs.

 

Eligibility

• 50 or fewer employees

• Businesses must be within the official City of Brighton municipal boundaries

• Businesses must be in existence for two (2) years or longer

• Businesses must be licensed to operate in Brighton, in full compliance with all rules and regulations required

• Businesses must provide a W-9 & proof of Workers Compensation Insurance

 

Specifics

• Employee must currently be making no less and $15.00/hour

• Training must be 6 months or less & should result in an industry-recognized credential

• Employees must be employed for no less than 12 months prior to the start of training

• Employee must receive a wage increase once training has been completed

 

Awards will be capped at $3,000 per employee and/or $6,000 per business annually. This program will help to increase employment opportunities in Brighton and will assist Brighton employees with furthering their careers.

 

Process

• Return fully completed form to the Brighton EDC (22 S. 4th Ave Suite 305 Brighton, CO)

• Await approval 

 

For questions, contact the Brighton Economic Development Corporation at 303-655-2155 or info@brightonedc.org