Connecticut Small Business Boost Fund
The Connecticut Small Business Boost Fund provides loans from $5,000 to $500,000 for small businesses and nonprofits across Connecticut.
About this program
The Connecticut Small Business Boost Fund is a public-private loan program supported by the State of Connecticut and administered through community lenders. It provides flexible, low-interest loans to small businesses and nonprofits for working capital, equipment, inventory, leasehold improvements, expansion, and other eligible business uses. The program is designed to increase access to capital for Connecticut businesses that may not qualify for conventional financing.
Eligibility
Connecticut small businesses and nonprofits with fewer than 100 full-time employees and annual revenues under $8 million may apply for eligible business financing.
Requirements
- Business or nonprofit must be located in Connecticut.
- Applicant must have fewer than 100 full-time employees.
- Applicant must have annual revenues under $8 million.