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Page does not list a specific application deadline; directs to ctsmallbusinessboostfund.org for current status.
Connecticut Small Business Boost Fund is sponsored by Connecticut Department of Economic and Community Development (DECD). This program provides flexible, low-interest loans to small businesses and nonprofits in Connecticut, with a focus on those in distressed municipalities and those led by women, individuals with disabilities, veterans, and people of color.
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CT Small Business Boost Fund CT Small Business Boost Fund If you are viewing this version of CT. gov, you are using an unsupported browser or you are in Internet Explorer 9 using compatibility mode. This means that the design and layout of the site is not fully supported, however the content of the site is still fully accessible and functional.
For the full website experience, please update your browser to one of the Internet Explorer 10 or higher. High Contrast Mode On or Off switch Connecticut Small Business Boost Fund Supported by the Connecticut Department of Economic & Community Development, the Connecticut Small Business Boost Fund is more than a financial assistance program.
It’s a one stop shop for business owners and nonprofits to get support and guidance before, during and after the loan application process. Working capital loans are provided between $5,000 and $500,000 (subject to eligibility) with no origination fees, fixed 4. 5% interest rate, and 60- and 72-month payback terms depending on loan size.
During the loan process, applicants receive support from a network of community lenders and technical assistance providers with decades of experience working with small businesses. This program has an equity-minded approach focused on communities that have historically experienced barriers to accessing working capital. Learn more about the Connecticut Small Business Boost Fund.
Based on current listing details, eligibility includes: Businesses and nonprofits with an equity-minded approach focused on communities that have historically experienced barriers to accessing working capital. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $5,000 - $500,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
The purpose of this FOA is to provide funding for up to four (4) Tribal Colleges and Universities (TCUs) that will provide entrepreneurial development services to Native American communities, focusing on supplying services to socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing SBA resources. Eligible applicants must be Tribal Colleges and Universities as defined in the Higher Education Act HEA 316 (U.S.C. 1059c). Funding Opportunity Number: SB-GC7J-23-002. Assistance Listing: 59.007. Funding Instrument: G. Category: BC,ED. Award Amount: Up to $250K per award.
The purpose of this FOA is to provide funding for up to two (2) private, non-profit organizations that will provide entrepreneurial development services to women, with an emphasis on socially and economically disadvantaged entrepreneurs in locations that are outside of the geographical areas of existing WBCs for the District of Columbia (DC) and the State of Oregon. There will be one award for each location. Eligible applicants must be private, non-profit organizations with 501(c) tax exempt status from the U.S. Treasury’s Internal Revenue Service and must provide services to the District of Columbia (DC) and State of Oregon. Funding Opportunity Number: SB-OEDWB-23-002. Assistance Listing: 59.043. Funding Instrument: G. Category: BC,CD,RD. Award Amount: $75K – $150K per award.