A resolution approving a proposed Agreement between the City and County of Denver and Colorado Enterprise Fund, Inc., to fund the Business Investments, Loans and Development Denver Program that will provide affordable loans, grant funding, and business coaching to small businesses seeking to start, restart, restructure, improve upon or grow in their endeavors who have traditionally lacked access to capital markets, citywide. Approves a contract with Colorado Enterprise Fund, Inc. for up to $9,000,000.00 from the Herman Malone Fund (not exceed $3 Million per program year nor the amount of sales tax dollars collected from cannabis sales in Denver and committed to this Agreement) with an end date of 4-30-2029 to fund the Business Investments, Loans and Development Denver Program (BUILD Denver Program) that will provide affordable loans, grant funding, and business coaching (focused on capital readiness) to small businesses seeking to start, restart, restructure, improve upon or grow in their endeavors who have traditionally lacked access to capital markets, citywide (OEDEV-202582811). The last regularly scheduled Council meeting within the 30-day review period is on 5-18-2026. The Committee approved filing this item at its meeting on 4-21-2026.

Resolution Adopted Introduced April 13, 2026

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