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EPC Economic Development to launch Pikes Peak Enterprise Zone Business Relief Fund

El Paso County
Posted at 2:35 PM, Apr 09, 2020
and last updated 2020-04-09 16:35:48-04

EL PASO COUNTY — The El Paso County Economic Development is launching the first community based, grant-funded program aimed at providing financial assistance to small businesses impacted by COVID-19 in the Pikes Peak Enterprise Zone (EZ), per a release.

The Pikes Peak Enterprise Zone (EZ) Business Relief Fund is an avenue for the community to help small, locally owned businesses, now facing layoffs and closures, sustain operations and maintain their workforce through generous donations.

“During this time of crisis and uncertainty, people are looking for ways to support their community," said Crystal LaTier, Executive Director of Economic Development. "Small businesses are the backbone of our local economy. The Pikes Peak EZ Business Relief Fund is truly a community effort that allows citizens to contribute to the economic recovery of small businesses during these unprecedented times.”

Small businesses within the Pikes Peak Enterprise Zone will have access to grants up to $7,500. Eligible small businesses can start applying on April 20th.

Citizens who donate $100 or more qualify for an EZ 25% state income tax credit.

To donate, please make checks payable to “Enterprise Zone” and include “Pikes Peak EZ Business Relief Fund” and the last four digits of your Social Security Number.

You can then mail your checks to:

El Paso County Economic Development,
9 E. Vermijo Ave, Colorado Springs, CO 80903

Credit card contributions will not be accepted.

EPC Economic Development is also working with other local economic developments in this relief effort.