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