On July 25th, 2022, Governor Ned Lamont announced the Connecticut Small Business Boost Fund. “The program is aimed at helping small businesses and nonprofits, particularly those in low-income and historically underserved communities, with access to flexible working capital. The loans have a fixed, 4.5% interest rate and are available to eligible small businesses and nonprofits with operations in Connecticut that have 100 or fewer full-time employees and annual revenues of less than $8 million.”
seCTer is proudly one of the lenders for the program. Learn more here.