Funding Amount

Flexible working capital loans at 4.5% fixed interest rate

Deadline

Rolling / Open

Grant Type

foundation

Overview

Connecticut Small Business Boost Fund

Overview: State-level program announced July 25, 2022, aimed at helping small businesses and nonprofits with access to flexible working capital.

Geographic Scope: Connecticut

Target Audience:

  • Small businesses and nonprofits

  • Particularly those in low-income and historically underserved communities
  • Eligibility Criteria:

  • 100 or fewer full-time employees

  • Annual revenues less than $8 million

  • Operations in Connecticut
  • Loan Terms:

  • Fixed interest rate: 4.5%

  • Purpose: Flexible working capital
  • Administrator: seCTer is one of the designated lenders for this program

    Contact Information:

  • seCTer

  • Phone: 860-437-4659 (toll free)

  • Address: 19-B Thames Street, Groton, CT 06340

  • Fax: 860-437-4662
  • Focus Areas & Funding Uses

    Fields of Work

    small-businessesnonprofits

    Categories

    Browse similar grants by category

    Related Grants

    Similar grants from this funder and related organizations

    Ready to apply for Connecticut Small Business Boost Fund?

    Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.