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Accelerate COS Micro Loan Program
Low-interest non-collateralized microloans with business coaching for El Paso County small businesses.
About this program
Accelerate COS, run by Exponential Impact in partnership with the City of Colorado Springs, provides microloans from $1,000 to $10,000 plus an eight-week entrepreneurial development program for qualifying small businesses and sole proprietors.
Eligibility
El Paso County-based small business entities, nonprofits, and sole proprietors with at least one year in operation and at least six months of revenue generation.
Requirements
- Apply during an open Accelerate COS application cycle
- Provide business plan or narrative, intended use of funds, entity documents, certificate of good standing, and owner information
- Complete required cohort programming before final loan disbursement