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Mancos Business e-News | January 26, 2021
What’s Working: Here’s how Colorado is rolling out federal unemployment benefits, plus Paycheck loans are hopping
The state Department of Labor and Employment is rolling out the federal benefits in four phases. Besides FPUC, the first phase is open to those who haven’t exhausted their pandemic benefits, also known as Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC).
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Highlights
Apply for PPP Funding
Mancos small businesses play a huge role in SW Colorado's economy. Paycheck Protection Program funds are here to help keep you open. Last year, Colorado businesses secured $10 billion in PPP funds, and $6 billion in new funds is now available.
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Business Resources and Funding Opportunities
The Colorado Office of Economic Development and International Trade has created a page of resources for the business community related to COVID-19 -- from funding opportunities to reopening guidance and more. 
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Employee Ownership Trial Grant
The Colorado Employee Ownership Trial Grant is available to pay for the reimbursement of professional technical services required to transition your business to become an Employee Owned Company.
News Roundup
Dollars, Not Politics, are Driving Colorado’s Accelerated Embrace of Solar Energy
Installing solar utility generation is now cheaper than wind or natural gas-fired plants, and far cheaper than new coal generation.
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Guidance Issued for PPP First-Draw Loan Increases, Reapplications
This helpful article from the Journal of Accountancy gives a good overview of the SBA policies and procedures for reapplying or requesting an increase for a first-draw PPP loan.
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Upcoming Events
Enterprise Zone Business Tax Credit Webinar
Join Region 9 EDD on Friday, January 29th at 9:30am to find out if your business activities are eligible for Enterprise Zone Business state tax credits. Please RSVP.

Bring the Magic Back to Entrepreneurship

Where: Online
When: 4 - 5 p.m. | Feb. 17
Cost: FREE
Presented By: Southwest Colorado SBDC

Planning for Drought
Building grower networks across Colorado and working with water systems experts can help us share important insights and create pathways through a possible second consecutive year of drought. 

Where: Online
When: 5 - 7 p.m. | Feb. 2
Presented By: CSU Extension and Partners

Resources
117 N. Main Street
Mancos, CO 81328
Phone: 970-533-7725
Fax: 970-533-7727