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At a news conference at Windsor Chamber member Lilly's Soul Food, Governor Lamont announced the creation of a new program to support Connecticut's small businesses. The Connecticut CARES Small Business Grant Program has been funded to award grants of $5,000 to certain Connecticut businesses and nonprofits. The program is still open to new applicants. Click here to access the application. We encourage you to apply NOW if you are eligible.
When applying, have the following information ready:- Social Security number
- Federal EIN number
- State TAX ID number
- Bank Routing Number
- Amount of eligible expenses from March-December 2020 (payroll, rent, utilities, inventory, purchase of machinery or equipment, or cost of compliance with Covid-19 reopening regulations)
The CT Department of Economic and Community Development continues to hold office hours to answer your questions on this program every day this week and over the weekend. If you have any questions about the program and what you'll need to apply, just click here to see their office hours schedule and connect to a DECD representative. The office hours links are on the bottom of the page. And of course, you can always call the Chamber for assistance at 860-688-5165.
Requirements include:- Fewer than 20 FTEs on payroll or a 2019 payroll expense of less than $1.5 million.
- Revenues for Jan-Sept 2020 are 20% under those in Jan-Sept 2019.
- The grants can be used for payroll, rent, utilities, inventory, purchase of machinery or equipment, or costs associated with compliance of the ongoing Reopen Connecticut Business Sector Rules.
- Sole proprietors and home-based businesses are eligible.
- The application will be a simple online form that will become available November 9.
- Qualifying businesses and nonprofits will receive a $5000 grant by December 30.
- Business must have been established by October 1, 2019.
- For-profit businesses that use any type of incorporation are eligible, as are 501(c)(3), 501(c)(4), 501(c)(6), 501(c)(7), and 501(c)(19) nonprofit organizations.
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