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Economic Vitality, Economic Development

See Why Your Business Belongs in Longmont

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	Business Assistance Program Longmont Economic Gardening Initiative (LEGI)
	Business Assistance Program Business Improvement Grant (BIG)
	Business Assistance Program Business Start-Up Grant (BSUG)
	Business Assistance Program Small Business Lending Program (SBLP)

	The Longmont Economic Gardening Initiative (LEGI) program offers training, data for marketing and research, and strategic planning resour ces to help local companies grow their businesses. Most services provided through the LEGI program are FREE to Longmont businesses with others available at a nominal cost.
	The Small Business Lending Program (SBLP) is a collaborative effort between the City and the Colorado Enterprise Fund to provide access to capital opportunities for local businesses. Applicants may obtain loans of up to $50,000 for a variety of business uses including, but not limited to, inventory, real estate acquisition, and operating costs.
	The City of Longmont has implemented a Business Start-Up Grant (BSUG) program for new businesses that are sales tax generating and have storefront locations. Qualifying businesses may receive up to $2,000 as reimbursement for legitimate costs associated with opening a new retail business. Applicants must also complete a business training program, submit an acceptable business plan and be in full compliance with all City codes and regulations. Additional requirements may apply.
	The Business Improvement Grant (BIG) provides up to $7,500 for business owners\operators making permanent improvements to their property. In order to qualify, a business must be an existing retail operation that occupies a storefront location in an appropriately zoned district within Longmont. Business Improvement Grants are issued as a reimbursement for qualifying improvements and may be subject to additional requirements as determined by the Economic Development Department.
	For more information on any of the programs listed above, please contact: Doug Bene, Economic Development Manager • City of Longmont Doug.Bene@ci.longmont.co.us • 303-651-8403

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CITY OF LONGMONT ECONOMIC DEVELOPMENT GOALS :

• Develop strategies to address retention and expansion of existing business and attract new business to the City of Longmont.
• Develop plans and programs to maintain and increase the City’s retail, commercial, and industrial tax base and enhance the diversity and stability of the local economy.
• Research and analyze state and regional market conditions, economic trends, available development opportunities, and economic sustainability programs. Prepare and present to City Council an annual comprehensive analysis of Longmont’s current economy.
• Make recommendations regarding market sectors or industry types that will best match Longmont community values and the Longmont strategic plan.
• Establish cooperative partnerships with the existing business community and other local public and private sector economic development organizations to facilitate economic development activities within the city limits of Longmont.
• Work proactively in collaboration with regional and state economic development entities to enhance economic development efforts within Boulder County.