seCTerRise

$10,000 Grant

Small Business Growth Funding

Funding for eligible small businesses ready to invest in a project that supports meaningful growth, stronger operations, and increased profitability.

$35K–$750K Eligible annual business revenue range
1+ Year Minimum time in business
Up to $10,000 Maximum grant request

What Can the Grant Fund?

Grant-funded projects should help your business grow and produce a meaningful, measurable impact.

1

Professional Services

Marketing, bookkeeping, training and professional development, electrical work, and other professional services tied to your proposed growth project.

2

Equipment & Machinery

Equipment, machinery, technology, or other tools that improve capacity, efficiency, or business operations.

3

Project-Related Purchases

Eligible purchases that are directly connected to the proposed project and support measurable business growth.

Important: Documentation is required for items or services purchased with grant funds that exceed $1,000. Projects primarily focused on deferred maintenance of property or equipment will not be competitive.

Eligibility Requirements

Review these requirements before starting your application.

Business Requirements

  • Annual business revenue must be more than $35,000 and may not exceed $750,000.
  • Business must have been operating for at least one year.
  • Business must have a separate and established business checking account.
  • Business must be in good standing with the Connecticut Department of Revenue Services.
  • Business owner or owners must be at least 18 years old.
  • Business must provide proof of existence, registration, and any licenses or permits required to operate.

Your Project

  • Clearly explain the project you plan to complete with the grant.
  • Provide a specific and detailed project budget.
  • Explain how the project will help your business grow.
  • Provide a clear and realistic timeline for completing the project.

Documents You’ll Need

Have your financial and supporting documents ready before submitting your application.

Most recent year-end Profit & Loss statement
Current year-to-date Profit & Loss statement
Most recent year-end Balance Sheet
Current year-to-date Balance Sheet
Most recent business tax return
Completed W-9
Secretary of the State registration or other proof of business existence
Quotes, invoices, licenses, permits, and other supporting project documentation

How Applications Are Evaluated

The seCTerRise Review Committee evaluates applications based on the strength, clarity, feasibility, and potential impact of the proposed project.

  1. Will the project have a meaningful impact on the business and help the business grow and scale?
  2. Does the application clearly explain the project to be completed with the grant?
  3. Is the project budget clear, specific, and reasonable?
  4. Does the application clearly explain how the grant will grow the business?
  5. Is the project timeline well defined and realistic?
  6. Will the project support job creation and/or employee upskilling?
  7. Does the requested amount and proposed project fit within the spirit and goals of the seCTerRise program?
Ready to Apply?

Start Your $10,000 Grant Application

Make sure you have reviewed the eligibility requirements and gathered your financial documents, project budget, quotes, and supporting documentation before beginning your application.

Start the $10,000 Grant Application →

Questions About seCTerRise?

Have questions about eligibility, required documents, eligible expenses, or the application process? Please reach out before submitting your application.

Kaitlin Ferrero [email protected]
Please note: All awards and disbursements are at the discretion of seCTer. seCTerRise is a highly competitive program and not all applications may be awarded. $10,000 is the maximum amount a business may apply for under this grant opportunity, although applicants may request less. seCTer may require additional documentation and may revise program eligibility requirements as needed.