FAMILY BUSINESS PRESERVATION PROGRAM

This free program provides business owners and their next of kin with guidance on how their businesses can thrive across multiple

generations. ​Participants will identify ways to strengthen business operations and

develop a plan to eventually transfer ownership of the business - if/when desired - to a next of kin,

employees, or community members to keep the legacy of the business alive.


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Applications to participate in this program open on Wednesday, May 11, 2022. 

Deadline to apply is Tuesday, May 31, 2022 at 5 p.m. (MST) 

This program is geared to business owners.

Suitable business applicants must fulfill the following requirements: 

- Be a locally-owned business 

- Operate within the City and County of Denver. Priority will be given to businesses located in neighborhoods were businesses are

displacement-vulnerable as identified by DEDO's Neighborhood Equity & Stabilization (NEST) division:

Elyria- Swansea, Globeville, NE Parkhill, East Colfax, Montbello, Sun Valley, Valverde, Villa Park, West Colfax, Westwood. 

- Have an annual revenue of $500,000 or less.

- Priority will be given to businesses in the lower revenue bracket

- Be committed to the program 

- Be interested in preserving the legacy of the business.

- Priority will be given to business owners ready to retire in the next five to ten years. 

- Have family members or employees (at least 16 years old) interested in learning more about business operations.

​- Priority will be given to business owners who have family members interested in learning about the business. 


​The FBPP is funded by the Equitable Economic Mobility Initiative Grant form the National League of Cities,

and it is implemented by Denver Economic Development & Opportunity (DEDO) in partnership with CCWB.