On Monday, July 25, 2022, Governor Lamont announced the launch of a new, low-interest loan program supported by the Connecticut Department of Economic & Community Development, the CT Small Business Boost Fund.
The program gives small business owners access to flexible funding for capital expenditures and working capital and connects them with support services like the CT Small Business Development Center. It’s a personal, equitable approach to lending, because business owners are more than just numbers on a spreadsheet.
Small businesses and nonprofits can borrow between $5,000 and $500,000 depending on eligibility and need, and can choose how they spend the money — on equipment, payroll, utilities & rent, supplies, marketing & advertising, eligible refinancing, building renovations and other expenses.
Join us to learn how CT SBDC can help with:
- Your questions on Loan Application Requirements
- Technical Assistance on other business topics such as business plan development, financial projections, marketing, digital media, operations, and more
We can also help you explore additional options if this program isn’t for you or you are not quite ready to apply. Don’t miss it!
Live webinars are running until 8/25 and you can register for a live event here: Live Webinar Series
This is a recording of one of the webinar events in our live series. Click on the following link to access the recording: Register here