City of Aurora & CEDS Finance $1 Million Grant & Loan Program for Small Businesses

April 8th, 2020

The Aurora City Council and city of Aurora, in cooperation with CEDS Financial, is launching a $1 million grant and loan program for targeted small businesses in Aurora to ease the current economic burden resulting from COVID-19 and retain jobs in the community.
The program will supply economic assistance to restaurant, retail, service and entertainment small businesses and arts-related nonprofits.
This local program fulfills an immediate funding need for Aurora small businesses waiting for additional funding assistance from state and federal sources.
Qualifying businesses must have operated a physical location in Aurora for at least the last 12 months (preferably a storefront), have 50 or fewer employees, be in good standing with regulatory agencies, meet minimum financial requirements and retain at least one job (that meets low- to moderate income requirements) as a result of this assistance.
The application process will open Wednesday, April 8. Businesses must submit the pre-qualification application on the website by April 22 to be considered for funding.
Applicants may apply for a grant up to $5,000 or a low-interest loan ranging from $5,000 to $50,000.
The streamlined application process is designed to be quick and easy, with applications for this first funding cycle due by April 22.
To apply or find out more, visit Aurora Economic Relief Loan and Grant Program, [email protected] or

AER Frequently Asked Questions

Here is online application link:

Aurora Economic Relief Loan and Grant Program Release

AER Loan and Grant Program Release_Spanish

Aurora Economic Relief Loan and Grant Program