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Enterprise Capital Grant (awarded to Freedom Reads) is a competitive grant program from the Connecticut Health and Educational Facilities Authority (CHEFA) that provides multi-year capital grants to nonprofit organizations in Connecticut to support mission-driven growth and organizational strengthening.
Awards range from $100,000 to a maximum of $500,000 over a three-year grant period, funded entirely from CHEFA's own resources without state funding. Eligible projects include capacity building, program expansion, and strategic initiatives promoting organizational sustainability.
Nonprofits must demonstrate mission alignment with enhancing quality of life for Connecticut residents and must be substantially in compliance with all bond documentation if they have outstanding CHEFA bond issues. The next FY 2027 cycle opens in June 2026.
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Enterprise Capital Grant - CHEFA Enterprise Capital Grant Program Transformative Investments Across Connecticut Freedom Reads – Expanding Libraries in CT Prisons Creating Pathways for Youth Success: A Conversation with Craig Baker, CEO of the Boys & Girls Club of Stamford CHEFA awards $475,000 to Hartford Promise as part of the FY 2026 Enterprise Capital Grant Program All Our Kin – Improving the Quality of Family Child Care Enterprise Capital Grant Program The Enterprise Capital Grant Program is designed to bolster the capabilities and impact of nonprofit organizations in Connecticut through grants that support strategic initiatives and strengthen balance sheets.
Funding for this program is derived from CHEFA’s own resources and does not include any State funding. The FY 2027 Enterprise Capital Grant Program will support innovative investments toward the launch, stabilization, or scaling of an organization and its vision and mission.
Letters of Interest will be considered for initiatives such as: Capacity Building and Investment to Enhance Organizational Efficiency Program Expansion to Increase Reach and Impact Strategic Projects that Promote Sustainability The next Enterprise Capital Grant cycle will open in June 2026.
The FY 2026 RFP is Closed Awards are for a three-year grant period and range from $100,000 to a maximum of $500,000 Applicants that have outstanding CHEFA bond issues must be substantially in compliance with all bond documentation for the most recent audited fiscal year and current on all payments due to be deemed eligible.
Debt reduction or endowment funding Annual giving or fundraising for non-specific projects or programs, or capital campaigns Religiously sectarian services Scholarships, stipends or incentives Enterprise Capital Grant Application Process All grant awards are subject to funding availability and the CHEFA Board of Directors reserves the right to award less than an applicant’s requested amount.
To access CHEFA’s Grants Management System, Click Here . Please contact the Grants Program Manager for more information at grants@chefa. com .
Based on current listing details, eligibility includes: Non-profits demonstrating mission-driven growth and a commitment to enhancing the quality of life for Connecticut residents, particularly those focused on empowering incarcerated individuals through literature and post-… Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $400,000 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.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
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.