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State Grant Guide

Small Business Grants in Colorado

Most small business funding in Colorado is administered by the Colorado Office of Economic Development and International Trade (OEDIT). Read each card first.

5 state grants openUpdated July 24, 2026
Richard Moore
Written byRichard Moore
Senior Finance & Banking Editor

Most small business funding in Colorado is administered by the Colorado Office of Economic Development and International Trade (OEDIT). Read each card first. The cards say which is which, and what is open. The Advanced Industries Accelerator is the biggest prize for tech firms, at up to $250,000. It covers aerospace, bioscience and energy. OEDIT also runs growth and workforce training grants, plus the Minority Business Office.

Which Colorado grants fit your business?

Answer 7 quick questions and we sort the 12 programs on this page into likely fits and long shots. Nothing personal is asked or stored, and final eligibility is always decided by the granting agency.

Colorado Small Business Grant Programs

State-administered funding programs available to Colorado small businesses. Verify deadlines directly with the granting agency before applying.

FeaturedNot confirmed

Advanced Industries Early-Stage Capital and Retention Grant

OEDIT Global Business Development

Up to $250,000

February 2026

Provides funding to Colorado-based advanced industries technology businesses to develop and commercialize technologies that will be created or manufactured in Colorado. Applicants must provide matching funds at a 2-to-1 ratio of non-state to state funding.

Technology/Innovation
Apply / Learn More
Not confirmed

Advanced Industries Collaborative Infrastructure Grant

OEDIT Global Business Development

Up to $500,000

March 2026

Helps teams of Colorado-based advanced industries technology businesses and nonprofits develop new large-scale projects. Requires a 2-to-1 match of non-state to state funding.

Technology/Innovation
Apply / Learn More
Not confirmed

Advanced Industries Export Accelerator Grant

OEDIT Global Business Development

Up to $15,000

Rolling

Reimburses up to 50% of international business development and marketing costs for small and medium-sized businesses in Colorado's seven advanced industries. Applications are accepted on a rolling basis until funds are exhausted.

Technology/Innovation
Apply / Learn More

Skill Advance Colorado Job Training Grant

OEDIT and Colorado Community College System

Up to $150,000 per application

Rolling

Provides customized job training grants for new hires (Colorado First) and incumbent workers (Existing Industry) at Colorado businesses. Funding is capped at $200,000 per grantee per fiscal year.

Apply / Learn More
Not confirmed

Business Foundations Technical Assistance Program

OEDIT Minority Business Office

Up to $1,200

Closed, program retired

This program is no longer open. Colorado's economic development office has retired the Business Foundations Technical Assistance page, and its old address now redirects to the Minority Business Office, which offers no equivalent grant. While it ran, businesses completed three required training paths and could then apply for grants up to $1,200. The Minority Business Office is still the right place to ask about current support.

Minority-ownedWomen-ownedVeteran-owned
Apply / Learn More
Tax credit

Enterprise Zone Tax Credits

OEDIT Business Funding and Incentives

$1,100 per net new employee (up to $3,100 in enhanced rural zones)

Rolling

Offers state income tax credits for businesses in economically distressed areas, including credits for new hires, investment in business property, job training, and R&D expenditures.

Rural
Apply / Learn More
ExpiredNot business facing

Advanced Industries Proof of Concept Grant

OEDIT Global Business Development

Up to $150,000

Deadline Jul 1, 2026

Funds applied research at Colorado research institutions to speed up commercialization of advanced industry products and services. Projects must originate from an approved Colorado research institution or federal lab.

Technology/Innovation
View program page
Expired

Small Business Accelerated Growth Program

OEDIT Business Support

$5,000

Awards $5,000 grants through Access to Capital and Digital Marketing pathways, helping small business owners secure financing and establish an online presence. Women and minority-owned businesses represent a significant percentage of recipients.

Women-ownedMinority-owned
View program page

Federal Grant Programs

These federal programs are available to small businesses in every state.

Loan

SBA 7(a) Loan Program

Up to $5,000,000

The SBA's primary lending program guarantees loans through participating lenders. This is a loan, not a grant. But the terms favor small businesses that may not qualify for conventional financing.

Learn more
Loan

SBA Microloan Program

Up to $50,000

Loans up to $50,000, not grants. You borrow from a nonprofit lender near you, not from the SBA itself. The money can cover working capital, inventory, supplies or equipment. Most people get far less than the cap. The average microloan is about $13,000.

Learn more

SBIR/STTR Grants

Phase I up to $323,090, Phase II up to $2,153,927

Competitive federal grants for small businesses doing research and development with commercial potential. Eleven federal agencies take part. Phase I funds proof of concept. Phase II funds full development.

Learn more
Not confirmedTechnical assistance

Minority Business Development Agency (MBDA) Programs

Varies by program

Help for minority owned businesses that need capital, contracts or new markets. MBDA runs business centers around the country. They give advice, help with bids, and point you toward lenders.

Learn more

Get Grant-Ready

Before you apply, most Colorado grant programs expect these basics to be in place.

1

Form your business entity

Most Colorado grant programs require applicants to be a registered LLC, corporation, or nonprofit. If you haven't formed yet, that's the first step.

NO logo

$39 + state fee. Includes registered agent, business address, and more.

Form Your LLC with Northwest
2

Get your EIN

An Employer Identification Number is free from the IRS and required on nearly every grant application. You can apply online and receive it immediately.

IR logo

Free from the IRS. Takes about 5 minutes online.

Read Our EIN Guide
3

Open a business bank account

Grant funds need to go into a dedicated business account, not your personal checking. Most agencies will ask for your banking details on the application.

ME logo

Business checking with no monthly fee on the base plan, built for startups.

Open a Mercury Account

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Grants by Business Type

Targeted programs for specific business owners in Colorado.

Women-owned Business Grants

Colorado's Minority Business Office provides free consulting, certification pathways, and grant programs specifically for women-owned businesses. The Small Business Accelerated Growth Program has historically awarded a significant share of its grants to women-owned businesses.

  • Minority Business Office
  • Small Business Accelerated Growth Program
  • Pathway to Certifications

Minority-owned Business Grants

OEDIT's Minority Business Office works to increase economic opportunity for minority entrepreneurs through consulting, the Business Foundations Technical Assistance Program (grants up to $1,200), and the Bid Advance Response Program for government contracting. The Minority Business Directory helps connect certified businesses with contract opportunities.

  • Minority Business Office
  • Business Foundations Technical Assistance Program
  • Minority Business Directory

Veteran-owned Business Grants

Veteran-owned businesses in Colorado can access resources through OEDIT's Minority Business Office, which serves minority, women, and veteran entrepreneurs. The Veterans Business Outreach Center provides entrepreneurial development services including training and counseling.

  • Minority Business Office
  • Veterans Business Outreach Center

Rural Business Grants

Colorado has significant rural business support, with 54 of 64 counties classified as non-metro. The Rural Jump-Start Tax Credit provides tax relief for new businesses in economically distressed rural areas. Enterprise Zone credits offer additional incentives in designated rural communities.

  • Rural Jump-Start Tax Credit
  • Enterprise Zone Program
  • OEDIT Rural Opportunity Office

Technology/Innovation Business Grants

Colorado's Advanced Industries Accelerator Program offers five distinct grant programs for businesses in aerospace, bioscience, advanced manufacturing, electronics, energy, infrastructure engineering, and technology. Grants range from $15,000 to $500,000. The SBDC TechSource program helps tech businesses access SBIR/STTR federal grants.

  • Advanced Industries Accelerator Program
  • SBDC TechSource
  • Venture Capital Authority

Tips for Applying in Colorado

Increase your chances of approval with these state-specific tips.

  • 1Visit OEDIT's Programs and Funding page at oedit.colorado.gov/programs-and-funding and filter by your business type, industry, and location to find matching programs.
  • 2For Advanced Industries grants, create an account on OEDIT's application portal early since new user activation can take several days.
  • 3Connect with your local Colorado SBDC advisor for free, confidential one-on-one guidance. Colorado has 14 full-time service centers and over 25 satellite centers covering all 64 counties.
  • 4If you are a minority, woman, or veteran business owner, contact the Minority Business Office at 303-892-3840 to learn about certification pathways that can unlock government contracting and additional grant opportunities.
  • 5For Advanced Industries Early-Stage Capital grants, prepare matching funds documentation. You need $2 in non-state matching funds for every $1 in grant funding requested.

State Economic Development Agency

Colorado Office of Economic Development and International Trade (OEDIT)

OEDIT promotes economic growth and long-term job creation by supporting small businesses, providing grants and incentives, and encouraging business expansion across Colorado.

Visit Website303-892-3840

Funding While You Wait

Grant applications in Colorado can take weeks or months to process. These options can bridge the gap.

Grants in Other States

All state grant guides

Frequently Asked Questions

Yes. Colorado offers several true grant programs that do not need to be repaid. The Advanced Industries Accelerator Program provides grants up to $250,000 for technology businesses in sectors like aerospace, bioscience, and energy. The Small Business Accelerated Growth Program awards $5,000 grants for access to capital and digital marketing training. The Business Foundations Technical Assistance Program through OEDIT's Minority Business Office offers grants up to $1,200 after completing required training.

The Small Business Accelerated Growth Program is the most widely accessible grant, awarding $5,000 to eligible businesses across multiple Colorado counties for access to capital and digital marketing support. For technology and innovation businesses, the Advanced Industries Accelerator Program is the flagship program, distributing over $5 million in a single grant cycle. Both programs are administered by OEDIT.

Most Colorado grant programs do not require minority or women-owned certification. The Advanced Industries grants, Skill Advance training grants, and Small Business Accelerated Growth Program are open to all eligible businesses. However, getting certified through OEDIT's Minority Business Office Pathway to Certifications can help you access government contracting opportunities and specialized programs like the Bid Advance Response Program.

Timelines vary by program. For Advanced Industries grants, applications go through a multi-stage expert review process, with final recommendations approved by the Economic Development Commission. This process typically takes 3 to 4 months from application deadline to award announcement. The Export Accelerator Grant has a faster turnaround of 3 to 4 weeks from submission. Contact your local Colorado SBDC office for help planning your application timeline.

About the Author

Richard Moore

Senior Finance & Banking Editor

Richard is the veteran anchor of the site's financial content. Raised in the Midwest and starting his career in Chicago's commercial banking sector, he spent over a decade underwriting small business loans before moving into financial journalism. He doesn't get swept up in startup hype; he cares about unit economics, APYs, and fee structures.

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Financial Information Disclaimer

Grant programs change frequently. Deadlines, eligibility requirements, and funding amounts listed here may be outdated. Always verify information directly with the granting agency before applying. This page is for informational purposes only and does not constitute financial or legal advice.

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