Last night at 8:00 p.m., DECD started accepting applications for the Connecticut CARES Small Business Grant Program. Small businesses and nonprofits in Connecticut with a 2019 annualized payroll of less than $1.5 million OR 20 or fewer employees can receive a one-time grant of $5,000. All funding will be disbursed by the end of December and will not require repayment.
The grant can be used for rent, payroll, utilities, inventory or complying with the CT Reopen Business Sector Rules. Full details including eligibility requirements, a schedule for virtual office hours, FAQs, other resources, and the application can be found here.
The $50 million program, funded from Connecticut’s portion of the federal CARES Act, will provide aid to small businesses and nonprofits that continue to be negatively impacted by COVID-19.
The grant application will only be available for a limited time. We anticipate closing the application by 5:00 p.m., Thursday, November 19, 2020 but this is highly dependent on demand. I encourage you to apply as soon as possible.
Please visit the program page and/or share this information to as many small businesses as possible so they can take advantage of this grant.
As always, you can call (860) 500-2333 or email decdctrecovery@ct.gov with questions.
Thank you and stay healthy.
Sincerely,
David Lehman, Commissioner
david.lehman@ct.gov, (860) 500-2310
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