Metropolitan State University: Denver
Loan Program
Character-based loans are available between $5,000 and $50,000.
To be eligible, business must be at least 50% owned by a Metropolitan State University (MSU) Denver affiliated individual.
An MSU Denver affiliated individual is defined as:
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Students enrolled at MSU Denver with a good academic standing. Must have earned at least 90 credit hours with at least 30 credit hours earned at MSU Denver;
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Individuals who received Bachelor of Arts, Bachelor of Science, Master’s degree, or an Entrepreneurship Certificate from MSU Denver or who completed MSU Denver’s Launch Denver program; or
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Faculty or Staff employed by MSU Denver for a minimum of one year.
Funds can be used for startup or growth. Loans will have a repayment term of 7 years with an interest rate of 8%. Loans will have a 1% origination fee.
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The application process is a two part process. The loan will be provided through Alpine Bank so please complete the bank’s Financial Statement form (button link below) together with the MSU Denver application form (button link below). When both completed forms, along with requested accompanying documents, are ready to be submitted to Prairie Rose Development for review and consideration, please email mike@prairierosedevelopment.org who will share a Dropbox folder by return for you to securely upload all files.
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For additional information, please contact:
Adam Melnick,
J.D., MEM, ACUE, Lecturer of Entrepreneurship, Metropolitan State University of Denver,
Management Department Administration Building #530R
Te: 303.605.7208
Email: amelnic2@msudenver.edu
Contact
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