Description
The City of Westminster already has a robust economic development strategy that offers an assortment of programs, services and resources for small and local businesses.
This strategy focuses on leveraging and increasing awareness of existing resources and tools, strengthening collaborations with other organizations and aligning offerings with sustainability best practices and information in order to expand small business growth and opportunities.
Components
- Continue to implement the city’s economic development strategy that focuses on strengthening and growing the employment base, supporting retail business and fostering redevelopment.
- Strategically support and partner with other agencies: the North Metro Denver Small Business Development Center (SBDC) at Front Range Community College (FRCC) and the Westminster and Metro North Chambers of Commerce to extend services and opportunities to local businesses.
- Continue to make grants and financial assistance available to businesses, including but not limited to the Small Business Scholarship Grant and Small Business Capital Project Grant programs, the Facelift Program and Economic Development Agreements. As applicable, review and update eligibility and participation requirements to align with sustainability best practices (e.g., incorporate xeriscaping principles for landscaping improvements completed as part of the facelift program).
- Continue to market and connect businesses with state and federal tax credit and financing programs and opportunities, including but not limited to Enterprise Zones and Commercial Property Assessed Clean Energy (C-PACE) financing.