Connecticut Small Business Boost Fund
Funding Amount
Flexible working capital loans at 4.5% fixed interest rate
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Size & budget
- Annual revenues less than $8 million
Other requirements
- 100 or fewer full-time employees
- Operations in Connecticut
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
What Southeastern Connecticut Enterprise Region Corp actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 40
- Total given
- $461K
- Median grant
- $10K
- Range
- $7,343–$50K
Example grants
Connecticut Wind Collaborative Inc
$50K
Miranda Creative Inc
$25K
Pontes Construction LLC
$25K
McKenna Inc
$10K
New London Natural Health Center
$10K
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Nonprofits
Categories
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