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Web Site:
http://www.state.ct.us/governor/
Ned Lamont
210 Capitol Ave.,
Executive Chambers - Capitol Building,
Hartford, CT 06106
Tel: (860) 566-4840
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Connecticut Small Business Boost Fund
July 25, 2022
(HARTFORD, CT) Governor Ned Lamont today announced the launch of the Connecticut Small Business Boost Fund, a public-private partnership that provides low-interest loans to small businesses and nonprofits in Connecticut. Applications are now being accepted for loans ranging from $5,000 to $500,000.The program is aimed at helping small businesses and nonprofits, particularly those in low-income and historically underserved communities, with access to flexible working capital. The loans have a fixed, 4.5% interest rate and are available to eligible small businesses and nonprofits with operations in Connecticut that have 100 or fewer full-time employees and annual revenues of less than $8 million.
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