Want to grow your business? Well, did you know that the City of Denver is full of business opportunities, benefits, and grants to support women-owned enterprises like yours? Denver is considered an economic powerhouse, with small businesses, which are the main employers in the City. Some programs avail resources to help female entrepreneurs and business owners realize growth in their ventures. For more information, please keep reading this article.
National Funding
We both know how important business loans are, in driving business growth. They give you extra financial resources your business needs to survive in a highly competitive marketplace. National Funding is a federal program that helps business women secure the financing they need for the success of their daily operations. You can always use the funds to promote your products and services in the market, hire more employees for your business activities, and also pay overhead. It doesn’t matter what you think your business needs are. The good thing is that, with National Funding, you are financially secured. Small business loans from this program range from $5,000 to $500,000. Visit https://www.nationalfunding.com/locations/denver/small-business-loans/ to view details. The program also helps with purchasing new equipment. want to finance new office equipment? Please visit https://www.nationalfunding.com/locations/denver/equipment-financing/ and apply for up to $150,000 loan. National Funding helps you make informed decisions concerning your business finances. The program has loan experts who will help you explore the available options and come up with what suits your business needs. How does the program work? You need to apply for National Funding first and get approved. But, how do you know if you qualify for the program assistance? Well, your business must have been operating for at least one year and earn not less than $150,000 gross sales annually. You must also provide your 3-month bank statement to get approved for the program support. Once you qualify, it is time to get personalized solutions. Work with a loan expert to review the available options. Get the funds your business need. The money will be deposited in your bank account in no time. For more information, please visit https://www.nationalfunding.com/locations/denver/.
Small Business Certifications in Denver
Obtaining Denver’s Small Business Certification increasing your bidding advantages as a vendor? Wondering how? Well, if you obtain certification for your business, your status is recognized by the soliciting agencies and departments in the City of Denver. The city offers:
- The Small Business Enterprise Concessionaire (SBEC) Certification. SBEC certification is specifically designed for women-owned businesses in the food, beverage, and retail industries. To qualify for this certification, your business must have been in operation for the last 6 months or more and your 3-year annual revenue must not exceed $7.5m. once you get hold of this certification, you get a chance to compete for the city contracts. Visit https://www.denvergov.org/content/denvergov/en/denver-office-of-economic-development/do-business-with-denver/kinds-of-certification.html to get your small business certification today.
- Emerging Business Enterprise (EBE) Certification. EBE certification is set aside for women-owned businesses in the construction industry. Receiving this certification allows your business to participate in contract bids against other construction firms. To qualify for the business certification, your 3-year average annual revenue must not exceed $3million. If you have a construction firm and you need contracting opportunities to support your business, don’t hesitate to apply.
- The Small Business Enterprise (SBE) Certification. This certification is also designed for businesses in the construction industry. It was specifically created to enhance the use of women-owned small businesses for projects related to construction. To qualify for this certification, your 3-year averaged revenue must not exceed $23.98.
- The Disadvantaged Business Enterprise (DBE) Certification. The DBE certification is for certified small businesses and is designed to help increase bid opportunities for the owners of the enterprises. To qualify for this certification, the business must be at least 51% woman or minority-owned.
- Minority/Women Business Enterprise (M/WBE) Certification. The M/WBE certification is specifically for disadvantaged businesses like those owned by the minority and women in the city of Denver.
Please note that you have to meet the minimum qualifications for each business certification to qualify. These certifications do not discriminate based on gender or race. For more information, please visit https://www.bidnet.com/resources/business-insights/denvers-small-business-certifications-how-to-increase-your-contract-opportunities-en.jsp.
DEN Commerce Hub
The DEN Commercial Hub is a great resource for more opportunities through educational and training programs, business development, and contracts. The Hub acts as an advocate for the women-owned small businesses in the City of Denver. The Hub represents needs and interest of small businesses in policies and help in increasing the access of contract bids. They help businesses have access to the training and guidance they need to meet the City’s requirements for gaining small business certification. Visit https://business.flydenver.com/bizops/commercehub.asp to learn more about the Hub.
Denver Energy Challenge (DEC)
The DEC program is designed to help women-owned small businesses save money and energy. The program also creates employment for the jobless and supports the improvement of economic opportunities for female entrepreneurs to improve the quality of life in the surrounding communities. The program was established to help reduce the emission of dangerous chemicals by firms. For more information, please visit https://archive.epa.gov/epa/statelocalclimate/denver-energy-challenge-dec-small-grant-big-impact.html.
Denver Metro Small Business Development Center
The goal of the Metro Small Business Development Center is to support the generation of employment opportunities through female entrepreneurs in Colorado. They develop business ownership careers among women and enable them to become active contributors to the well-being of the community through job and wealth creation. They are committed to ensuring that female entrepreneurs reach their maximum potential to make the City of Denver a better place. How does the development center achieve its mission? Well, they support women through educational workshops and one-on-one consulting services to impart the knowledge of business ownership to women. They enable female entrepreneurs to have the expertise and a good understanding of the business community by providing relevant information regarding current trends in business management and marketing, professional growth, and development and enhance a collaborative environment for the cultivation of entrepreneurial culture. If you are passionate about making the City of Denver a better place, learn more about the Denver Metro Small Business Development Center at https://www.denversbdc.org/who-we-are/about/.