Financial Information Submission Form Instructions
This form provides instructions for submitting financial information for the Colorado First and Existing Industry Program. It is crucial for applicants to accurately complete the required fields to facilitate a smooth review process. Follow the guidelines to ensure all necessary data is included.
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How do I fill this out?
To fill out this form, start by entering values for the most recent complete year in the specified fields. Ensure the current year is accurately represented, even if it is only a partial year. Use the notes field for any additional relevant information that might assist in the financial review.
How to fill out the Financial Information Submission Form Instructions?
1
Review the instructions provided in the document.
2
Fill in all the cells shaded brown with accurate financial data.
3
Enter the most recent complete year at the top and the current year at the bottom.
4
Utilize the notes field to include any extra information.
5
Submit the completed form as instructed.
Who needs the Financial Information Submission Form Instructions?
1
Businesses applying for the Colorado First and Existing Industry Program need this form for financial reporting.
2
Financial officers looking to submit accurate financial information require this form.
3
Consultants assisting businesses with grant applications will need this document for compliance.
4
State officials processing grant applications will use this form for evaluation.
5
Auditors assessing financial submissions require this file for accurate reporting.
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What are the instructions for submitting this form?
Submit the completed form directly to Ken Jensen, Deputy Director of the Office of Economic Development via email at ken.jensen@state.co.us. Alternatively, physical copies can be mailed to the Office of Economic Development's address. Ensure that all forms are submitted by the application deadline to allow for timely processing.
What are the important dates for this form in 2024 and 2025?
For 2024, the deadline for submission remains unchanged from previous years. Be sure to check for any updates in 2025 regarding deadlines for financial reporting. Important dates are typically announced in early Spring, so stay informed through official channels.
What is the purpose of this form?
The purpose of this form is to collect detailed financial information from applicants for the Colorado First and Existing Industry Program. It helps ensure that the financial health and viability of businesses applying for state assistance are thoroughly assessed. By accurately filling out this form, businesses contribute to a streamlined evaluation process, aiding in the decision-making for grants.
Tell me about this form and its components and fields line-by-line.
- 1. Company Name: The name of the business submitting the application.
- 2. Submitting Person: The individual responsible for completing the financial form.
- 3. Current Assets: Total value of assets owned by the company that can be liquidated.
- 4. Total Assets: The overall assets owned by the company.
- 5. Current Liabilities: The debts or obligations due within one year.
- 6. Total Liabilities: The total financial obligations of the company.
- 7. Total Equity: The owner's claim after all liabilities have been paid.
- 8. Revenue: Total income generated by the company.
- 9. Net Income: The profit after all expenses have been deducted.
- 10. Notes: Additional information relevant for financial review.
What happens if I fail to submit this form?
Failing to submit this form could result in delays or denial of financial assistance. It is crucial for all applicants to complete the form accurately to ensure timely processing of their applications. Non-compliance with submission guidelines may lead to consequences that could impact business operations.
- Delays in Application Processing: Without the form, your application may not be reviewed on time.
- Denial of Funding: Failure to submit required financial information may result in denial of financial assistance.
- Compliance Issues: Not adhering to submission requirements may lead to compliance complications.
How do I know when to use this form?
- 1. Grant Applications: Use this form for submitting required financial data when applying for grants.
- 2. Financial Reporting: Businesses must use this form for periodic financial reports.
- 3. Compliance Checks: The form is necessary during compliance checks by state officials.
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