Program Details
First Southwest Community Fund is proud to partner with the Northwest Colorado Innovation Center to launch Northwest Catalyst Capital - a microloan fund designed specifically for entrepreneurs and small business owners in Moffatt, Rio Blanco, and Routt Counties.
Who is eligible?
Entrepreneurs and small businesses in Moffat, Rio Blanco, and Routt Counties
What can you use the program for?
Loan funds may be used for equipment, vehicles, working capital, inventory, software, IT systems, pre-construction costs, training, certifications, studies, and facility renovations or upgrades. Projects must support job creation.
Funding excludes goods or services that are illegal under federal law (e.g., marijuana, psychedelic mushrooms) and businesses focused solely on products that impact health and morale (e.g., distilleries, tobacco shops, CBD, or liquor stores). Distilleries that serve food may be eligible for partial (prorated) funding.
Loan terms:
- Loan amount: $5,000 to $15,000
- Interest rate: Just 5%
- Loan origination fee: 1%
- Term: 2-4 years
For questions and to apply, contact:
