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Eagle County Bridge Grant program provides nearly $1 million to local businesses

December 31, 2020, 10:35 am

Eagle County on Wednesday issued the following press release on its bridge grant program, which has provided nearly $1 million in direct assistance to local small businesses during the COVID-19 crisis:

Dec. 30, 2020 – Since launching on Dec. 15, Eagle County’s Bridge Grant program has provided $936,000 in direct assistance to local small businesses affected by the COVID-19 pandemic and related public health orders. A total of 66 grants have been awarded, in amounts ranging from $4,000 to the set maximum of $15,000.

Submissions are continuing to be reviewed with just over $2 million set aside in 2021 to continue the grants. The program was approved by the Board of County Commissioners for up to $3 million. Eligible business owners who have not yet applied are encouraged to do so; all details and the application are available at www.eaglecountycovid.org in both English and Spanish. 

The grant program’s goals are to:

Provide economic relief to locally-owned small businesses that are operating at a reduced capacity due to public health orders, with the goal of keeping businesses operating while waiting for orders to lift.
Keep downtowns and main streets active and energized by assisting small brick and mortar businesses that may be on the brink of closing.

“A big thank you goes out to our business partners in both the Eagle River and Roaring Fork valleys, as well as representatives from Colorado Mountain College, who served as our review committee,” said Commissioner Kathy Chandler-Henry. “They took time out of their winter break to review applications and help us get these funds to businesses as quickly as possible.”

“To get a fair process established, and then nearly $1 million out into the community within a matter of weeks, took an amazing amount of coordination by our partners and staff,” said Commissioner Jeanne McQueeney.

“We couldn’t be more proud to support our local small business owners and their employees,” said Commissioner Matt Scherr.   

Grant Amounts by Location
Avon                     $130,000
Basalt/El Jebel     $154,625
Eagle                     $192,000
Edwards               $113,500
Gypsum               $85,000
Minturn                $45,000
Vail                       $216,000

For more information, email ecbridge@eaglecounty.us

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