A qualifying small business may apply for a four percent term loan for up to $25,000. This $1.5 million program will be initially allocated to minority-owned and women-owned small businesses based in New Haven and to minority-owned and women-owned businesses located in the Valley.
Site Type
Eligibility
For-profit business with no more than 20 (full or part-time) employees;Minority-owned and/or women-owned small business (minimum 51% of minority/woman ownership required);Located in the city of New Haven, Ansonia and Derby;In good standing with the Department of Revenue Services (DRS);Conducted business for a minimum of one year
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Target Geography