Project Description

New Pioneers Fund

Program Details

First Southwest Community Fund was one of three awardees that received funds through the Colorado Office of Economic Development and International Trade (OEDIT) to create a revolving loan fund. The New Pioneers Fund provides microloans for startup farmers, small and emerging businesses, and women-owned and outdoor recreational businesses.

  • Startup Farmers — fledgling agricultural businesses and businesses that are not eligible for FSA programs if the business is less than three years in age
  • Small & Emerging Businesses — new businesses, with little collateral or business security
  • Women-Owned Businesses — small businesses that are primarily owned by women, and are underfunded and underserved
  • Outdoor Recreational Businesses — new and growing outdoor recreational businesses facing collateral/loan challenges
  • Proof-of-Concept-Funding — startup businesses looking for funds to develop proof-of-concept products and start generating revenue
kayaker peering up at a canyon wall in a slot canyon
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