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Connecticut Department of Economic and Community Development·Connecticut

Connecticut Small Business Boost Fund

Rolling / TBD close
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Description

• Program offers working capital loans ranging from $5,000 to $500,000 for small businesses and nonprofits in Connecticut • Key financial terms: - Fixed 4.5% interest rate - No origination fees - 60 or 72-month repayment terms (varies by loan size) • Program features: - Comprehensive support system including guidance before, during, and after loan application - Network of community lenders and technical assistance providers available - Special focus on serving communities that have historically faced barriers to accessing capital • Backed by Connecticut Department of Economic & Community Development • Designed as a "one-stop shop" support system for both business owners and nonprofit organizations • Applicants must meet eligibility requirements (specific criteria not detailed in provided text) Note: This appears to be an ongoing loan program rather than a traditional RFP. Organizations interested in applying would need to verify their eligibility and may apply at any time.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
12/6/2024
Closes
Rolling / TBD

Last updated

Details

Industry
Financial Services
NAICS
522310

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