Entrepreneurs Working Capital Fund
As the COVID-19 situation has been rapidly evolving, we have already witnessed the incredible generosity and creativity of the people of Denver. Local businesses are the backbone of RMAE and now more than ever we are committed to serving as a facilitator of resources between those who want to help, and those who need it.
In response, RAME has developed the Entrepreneurs Working Capital Fund to support businesses in Denver hard hit by the Coronavirus pandemic. Funding will allow RMAE to provide low to no-interest working capital loans to business owners who have contracts and deals but maybe having issues with cost of goods and purchasing the right equipment.
The Fund will provide direct working capital to small business owners in Denver, Colorado. Small businesses are in need of immediate liquidity to help companies bounce back and keep business going. Companies who are granted the working capital fund will be asked to use RMAE members as vender if possible. 100% of donated funds will go to small businesses and all contributions are tax-deductible.
Your support will strengthen the most vulnerable small businesses during this difficult time.
RMAE will pair the fund with other resources
We are not yet distributing funds through the Entrepreneurs Working Capital Fund but rather are looking for philanthropic support from individuals, businesses, foundations and government entities who have the resources and desire to assist.
A review committee will make selections for all Entrepreneurs Working Capital Fund grantiees :
RMAE determination that the available loans and/or grants will make a discernible impact on the sustainability of the business.
Businesses where timing is of the essence.
More information on the application process will be sent out by Monday, April 27, 2020. Sign up here for updates.
Donation Options and Details
As a donor, you can make a tax-deductible contribution to the Fund, and if you wish, you may designate it to a specific county**, though we do ask you to consider supporting with an unrestricted gift so we can remain flexible in responding to our region’s needs. Either way, your help is critical.
The RMAE is a 501c3 organization and can accept gifts of cash/check, appreciated stock, IRA charitable rollovers, and real estate.
You can give online or contact Development Director Lincon Alexander at firstname.lastname@example.org to discuss your giving options.
*Our service area includes Denver Metro area
**If you would like your donation designated for one county, please send an email to email@example.com with the county or counties of choice.