seCTer Adds Program to Help Small Businesses in the Region

seCTer is excited to be participating in the recently announced Connecticut Small Business Boost Fund (ctsmallbusinessboostfund.org). Governor Lamont Announces New $150 Million Loan Program for Connecticut Small Businesses and Nonprofits.

Small businesses can search for a lender and be directed to a number of small business lending providers – one of those will be seCTer. seCTer has for years been providing capital to businesses who would have difficulty obtaining traditional financing. The CT Small Business Boost Fund continues that work.

“We’re thrilled to launch the Connecticut Small Business Boost Fund, a new collaboration with private sector partners and investors that will provide companies and nonprofits the working capital they need to grow and thrive,” Governor Lamont said. “This fund was established to support small business owners who may have previously experienced barriers to accessing financial support and works with and through community lenders that are dedicated to equitable lending practices.”

“We’re excited to add yet another tool to our toolbox to help businesses in the region start and grow,” Executive Director Paul Whitescarver. “Working with the State in a public / private partnership benefiting the people of CT and our region is why we’re here. This program compliments the work of CT Small Business Development Center which provides free, confidential, business advising, as well as PTAC which connects small businesses to government contracts, ” continued Whitescarver. For additional information please email secter@secter.org.