Business Operating Grants for Small Business Growth
GrantID: 76094
Grant Funding Amount Low: $2,500
Deadline: Ongoing
Grant Amount High: $25,000
Summary
Unlock a transformative opportunity to support and grow your small business in Middlesex County, Connecticut, through an annual grant program designed to bolster economic stability. This initiative provides critical funding assistance to qualified small businesses, empowering them to navigate operational challenges while retaining and enhancing local employment.
Eligible for this funding are small for-profit entities—including LLCs, partnerships, and sole proprietorships—that have been in operation for at least 24 months, employ no more than 50 individuals, and generate under $8 million in gross revenue.
The program allocates a total of $200,000 annually, with individual grants reaching up to $25,000 based on documented need. This funding can be utilized for a range of essential business expenses, including equipment upgrades, lease improvements, and marketing efforts, all aimed at ensuring continuity and job retention in the community.
Priority will be given to those businesses demonstrating resilience and a significant impact on local economies, thus fostering a robust business ecosystem in the region.
To apply, businesses must participate in a live virtual information session and meet state and local compliance standards. Previous recipients are encouraged to reapply after a two-year interval, continuing the cycle of growth and support. With the application period opening on February 15 and closing on March 15 for the upcoming cycle, now is the time to prepare your submission.
Engage with this valuable funding opportunity to enhance your operational capacity and contribute to the thriving business landscape of Middlesex County. The potential impact of this support not only benefits your business but also strengthens the entire community, paving the way for a prosperous future.
To find more grants, go to The Grant Portal and use the Search Grant tool to find your next grant.
Eligible Regions
Interests
Eligible Requirements
