Business Resources- COVID-19
Upstate Colorado is providing to various State and Federal COVID-19 announcements, programs, and information relevant to Colorado businesses.
- The SBA provides emergency disaster loan assistance to eligible small businesses. Colorado Small Business Development Centers (SBDCs) have extensive information on eligibility and the application process on their websites. Each SBDC can provide knowledgeable, one-on-one, confidential business counseling related to choosing to apply and completing the application. Our local SBDCs include: East Colorado SBDC (Greeley), Larimer SBDC (Fort Collins) and Boulder SBDC. Colorado’s Office of Economic Development and International Trade (OEDIT) has a Disaster Response Hotline for businesses that have immediate questions (303) 860-5881.
- Layoffs may be unavoidable due to COVID-19 related economic impacts. If you are experiencing a reduction in workforce, please read the guidance provided by CDLE to better prepare your workers for their UI applications and to understand your responsibilities in the process. If you plan to rehire your staff when economic conditions improve, you may instruct your laid off staff to indicate in their Unemployment Insurance application that they intend to return to work for you (“Job Attached” classification). Your local Workforce Center (Weld, Larimer, Boulder) can help answer general questions about UI topics.
- HR 6201, the Families First Coronavirus Response Act (FFCRA) temporarily provides for paid sick time, protected paid family leave, and insurance coverage for private employers with fewer than 500 employees and provides private businesses with payroll tax credits to offset the additional expenses incurred. This legislation has extensive guidance from the U.S. Department of Labor, but the Employers Council simplifies this language and NoCo’s Simply HR has recorded a detailed webinar on the requirements.
- Colorado has issued a mandatory statewide Stay-at-Home order through April 11th. Critical businesses (listed here) are exempt from the order, but must take all steps possible to comply with social distancing requirements and must also comply with the guidance and directives for maintaining a clean and safe work environment issued by the Colorado Department of Health and Environment and any applicable local health department.