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Commissioners approve applying for USDA small business development grant
Summary
The Board authorized staff to submit a USDA Rural Business Development grant application (awards range roughly $50,000 to $500,000) through the Central Mountain Small Business Development Center to support micro‑lending and infrastructure for Chaffee County small businesses.
County staff described a USDA Rural Business Development grant opportunity administered through the Central Mountain Small Business Development Center to support local small business development and possible micro‑loan or infrastructure funding. Staff said the application window closes at the end of the month and asked the Board to authorize submission and final scope refinement.
Commissioners voiced support for targeting funds to small business needs, noting federal gaps in SBA support and the local importance of rural enterprises. The Board voted to authorize staff to apply and refine the proposal; staff noted the grant offers awards in a broad range ("It is up to a $50,000 or $500,000 award"), with no local cash match required, and would be used to develop flexible lending or infrastructure support depending on the final scope.
