September 2014
Concession Opportunities
Denver International Airport to Host DIA DAY “Opportunity Knocks at DIA” in Denver

The DIA Commerce Hub invites you to learn about upcoming aviation business opportunities. On Oct. 7, 2014, at the Renaissance Denver Hotel from 8:30 a.m. to 5 p.m., subject matter experts in concessions, construction, information technology, and procurement of goods and services will speak on anticipated business opportunities at the airport. At this event, you will also have the opportunity to partake in unique business meetings during the “Business Matching” session. This is a great time to meet primes, subcontractors, and certified firms that have a business interest in aviation commerce and capacity building. 

Leading the way for the airport’s approaching commerce opportunities are 14 specific food/beverage, retail, services, and specialty retail concessions business opportunities that are currently listed on Flydenver.com’s Future Opportunities Web page. General contractors and associated construction trade professionals will benefit from these opportunities because newly awarded concessionaires will need the design and build out of concession spaces. These new contracts are a part of DIA’s airport concession program turnover, which is expected to refresh 75 percent of the 140 current concessions operations at DIA through a competitive bid process. Additional concession opportunities will roll out well into this year and 2016. To read more about the length of contracts for each concession project see the Concessions—Business Opportunities Web page and click on the Frequently Asked Questions link.

To be notified about concessions opportunities electronically, visit the Concessions Notification link on the Business Center Web page and complete the short application form.  

Construction and related professional services business opportunities in the form of capital improvements projects and operating and maintenance contracts underscore the need for maintaining and improving the airport as it continues unprecedented growth in passenger traffic and airline service expansion. Winning these anticipated contracts necessitates our local business partners becoming engaged with the airport so they can pursue these ongoing lucrative prospects.

Leaders from the Airport Infrastructure Management division will discuss the airport’s overall organizational changes and the updated Development Project Management Guidelines, and they will announce training dates for prospective contractors who want to do construction work at DIA. 

Also, learn how the City of Denver’s new Goods and Services Opportunities for Small, Minority- and Women-Owned Business Enterprises stand to help firms seeking city certification and increase business opportunities at the airport and across the city.

Please click on http://diaday2014.eventbrite.com/ to register for DIA Day. Seating is limited, so sign up early. Online registration closes Sept. 29, 2014.

View a printable copy of this event’s announcement here.

For questions about the DIA Commerce Hub please call (303) 342-2352 or e-mail DIAcommercehub@flydenver.com.

Business Tip

Operating Your Business at DIA; Business Requirements and Business Services

DIA is an economic engine that fuels a regional economy, generating $26 billion in aviation-related commerce. Many firms aspire to be part of enhancing DIA’s competitiveness and functionality and maintaining its safe record. Striving to win contracts and becoming part of this expanding and lucrative enterprise is challenging because of the aviation operating environment. Whether your business is providing a direct service to the traveling public or selling goods or is construction related, working at DIA requires a specific understanding and strict compliance of rules and regulations, which are more rigorous than those of other less-restrictive commercial environments. 

The DIA Business Center Web page has various links to information that you can use to prepare your firm to compete effectively for the numerous and ongoing airport business opportunities. You can also learn how to successfully complete a contract if it is awarded to you. To help you better understand the “Business Requirements” necessary for your company to succeed at a leading commercial airport, DIA provides online business resources with information explaining the available services to help achieve your business objectives. By having access to construction safety standards, prevailing wages guidelines and airport rules and regulations, by having airport business forms and contracts readily available, you’ll be better equipped to understand the airport’s business standards and operational priorities so that you can launch your business imperatives.

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business.flydenver.com/commercehub

Passenger Traffic
Business Loans from the City of Denver

Did you know the City and County of Denver’s Office of Economic Development has low-interest loans to help Denver’s businesses start and grow?

Yes it absolutely does!

Denver has two gap-loan programs (described below): the Revolving Loan Fund (RLF) and the Neighborhood Business Revitalization (NBR) program. 

What is a gap loan? Gap loans cover 25 to 50 percent of the total funds needed to start or expand a business and are available in amounts from $50,000 to $350,000. Businesses may use loan funds to purchase equipment/inventory, use as working capital, or acquire real estate.

Businesses must secure funding for the balance of start-up costs from other sources, such as personal savings, family, friends, investors, Small Business Administration/Colorado Housing and Finance Authority/Community Development Financial Institution loans, or commercial bank loans. Similar to other commercial lenders, Denver requires: a loan application, collateral, a business plan with financial statements demonstrating an ability to repay, and job creation requirements (one full-time job for low/moderate income workers for every $35,000 borrowed). Denver’s loans take second position to other loans that banks may look favorably on when reviewing your loan application with them. The RLF/NBR loan process takes approximately three months from application to funding.

The goals of the RLF and NBR programs are to create jobs in Denver’s targeted business areas and to stimulate the revitalization of targeted neighborhood corridors.  Therefore, both programs target specific geographic areas of Denver. 

The RLF covers the largest area—nearly two-thirds of the city of Denver, and provides up to 25 percent gap funding (30 percent for women-owned businesses). To see if your business is located in the RLF, enter the address in the interactive, online map at: http://denvergov.org/maps/classic/busi.

The NBR covers specific commercial corridors in Denver and qualifies for up to 50-percent gap loans. The corridors are:

  • Downing Street - between 31st Avenue and 35th Avenue;  Bruce Randolph Avenue between Downing and York; York Street - between Bruce Randolph and 38th Avenue
  • East Colfax Avenue - between Broadway and Colorado Boulevard
  • Larimer Business Street District - between 20th Street and Park Avenue West
  • Morrison Road - between Knox Ct. and Sheridan Boulevard
  • Santa Fe Drive - between Alameda Avenue and 13th Avenue
  • Welton Street - between 20th Street and 30th Street and Washington Street - between 24th Avenue and 26th Avenue
  • Berkeley/Tennyson Corridor - Tennyson Street between 38th Avenue and 45th Avenue
  • West 38th Avenue -  between Jason Street and Federal Boulevard

Denver International Airport also offers a gap loan program for DIA concessionaires.  Minority and women small business owners who are looking to bring their shopping or dining concept to DIA can now apply for financial assistance through the new Airport Concession Loan Program. The $1 million revolving loan fund is intended to enhance the ability of entrepreneurs to do business at DIA by serving as gap financing for first-time concessionaires. The program will lend qualified businesses up to $250,000, or 25 percent of the capital startup costs. The funds must be used for the design and capital investment of the concession location and are paid back at a competitive fixed interest rate over the life of the operating contract.

If you would like more information about these loan programs (or help deciphering all the government acronyms), or would like a list of additional financing resources, please contact Lynn Sargent, Denver Office of Economic Development at:  lynn.sargent@denvergov.org or call (303) 880-7156.

Denver International Airport Seeks Proposals for the Naming of Its New Outdoor Plaza

Can you think of a person who has made a significant contribution to the success of the airport from a cultural, political, economic or social perspective?

DIA is looking to name its new outdoor plaza, which will connect the Westin Hotel and Conference Center to Jeppesen Terminal. DIA invites you to put on your thinking-cap and conjure up a christening that is wholly appropriate for Denver aviation and thereby honor an individual whose accomplishments should be remembered by the city, air travelers, and those who will be using the plaza.

To nominate someone, visit http://denplaza.flydenver.com.

Nominations will be accepted through Sept. 30, 2014, and the selected name will be announced at a public dedication on Feb. 28, 2015.

The Hotel and Transit Center Program will bring passengers new airport amenities by offering a public plaza, a 519-room hotel and its conference center, a new transit center serving all Regional Transportation District buses and the East Rail Line. The Westin Hotel and Conference Center will open in late 2015 and the new RTD East Rail Line will begin operations in 2016. 

The City Needs You!

In 2007, the implementation of the Minority and Women Business Enterprise program became the responsibility of the Office of Economic Development’s Division of Small Business Opportunity (DSBO). The addition of goods and services to the program now gives DSBO responsibility for four goals committees: construction, heavy highway, professional services, and purchasing. These committees recommend project goals to the DSBO director for city construction, reconstruction, and remodeling contracts, related heavy-road construction or reconstruction, as well as professional design and purchasing.

DSBO is soliciting membership for all four committees. If your firm is interested in having a staff member serve as a member on one of these committees, please review the Rules and Regulations, under Rule V, "ESTABLISHMENT OF PROJECT GOALS (Minority/Women Business Enterprise ORDINANCE ONLY)," for information of what membership entails.  Please write to Cristina Lopez at DSBO (cristina.lopez@flydenver.com) if you are interested in serving as a member.

The following are requirements for consideration:

  1. Have a contract with the City in the last five years
  2. Make 80 percent of all meetings
  3. Fully understand the Minority/Women, Small Disadvantaged Business Enterprise Program
  4. Be knowledgeable of the OED’s B2G database of M/WBE-certified businesses

Each committee is made up of three Minority Business Enterprise (MBE), three Women Business Enterprise (WBE), and three non-M/WBE firms.  Please e-mail as soon as possible if you are interested. The DSBO director will review the list of volunteers and will notify you if you have been selected.  Please send names of interested people to: cristina.lopez@flydenver.com or contact Cristina Lopez, chair of the DSBO Goals Committees at (303) 342-2191.

Upcoming Events

DIA Commerce Hub Business Education and Support Training Presents:

DIA Day
October 7, 2014
8:30 a.m. – 5 p.m.
Location: Renaissance Denver Hotel
3801 Quebec Street, Denver

Please click on http://diaday2014.eventbrite.com/ to register for DIA Day. Seating is limited, so sign up early. Online registration closes Sept. 29, 2014.

“Business Tax Credits and Employee Hiring Incentives Subsidies” presented by Lynn Sargent, Business Development, City and County of Denver Office of Economic Development
October 10, 2014
10 a.m. – 11:30 a.m.
Location: DIA City Conference Room, Terminal West Level 6

Please click on this link to register for this session. Seating is limited so sign up early. 

DIA Commerce Hub Contractor Conversations
October 23, 2014
8:30 a.m. – 10 a.m.
Location: WorldPort Conference Room H
24735 E. 75 Ave., Denver

Contact Alicia Avila at Alicia.Avila@flydenver.com for registration information.

Contact & Office Location

DIA Commerce Hub
Jeppesen Terminal, Level 6, West
Open Monday - Friday, 8 a.m. to 4 p.m.
(303) 342-2351
E-mail: DIACommerceHub@flydenver.com

Commerce Hub
 



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City & County of Denver Department of Aviation
8500 Peña Boulevard | Denver, Colorado U.S.A. | 80249-6340

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