More than 60 businesses applied for Greeley Area Recovery Fund grants since its launch, but we won’t know where the money goes

The NoCo Optimist: Less than a week after its launch, more than 60 businesses have applied to receive grants from the Greeley Area Recovery Fund. 

Managed by the Greeley Chamber of Commerce’s nonprofit foundation, the goal of the fund was to make $500,000 available to local small businesses through a public-private partnership. The city of Greeley put up $250,000. The Greeley Chamber was tasked with matching the funds. 

As of Tuesday, 62 businesses have applied for a grant, said Benjamin Snow, Greeley’s director of economic health and housing, at the city council meeting Tuesday. 

“In addition to the $250,000 from the city of Greeley, the fund has received $20,000 in support from the city of Evans, $175,000 in private pledges from business and over $5,000 in grassroots support from the community,” Snow said. 

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