Boulder promises to match up to $200K in donations to small business coronavirus relief fund
Boulder on Tuesday announced a $200,000 “challenge grant” to the COVID-19 Small Business Relief Fund, established by the Boulder Chamber and Community Foundation Boulder County. The fund will make small amounts available to help businesses safely continue operating amid the crisis that has been financially devastating for many.
The fund, envisioned by the Boulder Chamber, also received a matching donation from local philanthropists Dan and Cindy Caruso and the Zayo Group, who pledged $50,000.
The city’s challenge grant means it will match whatever is donated by other community members to the fund, up to $200,000, so $400,000 could be made available in total.