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Connecticut Governor Hands Out New Grants To Small Businesses

Written by Ken Gaebler
Published: 12/28/2010

Gov. Rell announces $500,000 in new funding

Small businesses in Connecticut recently got good news, thanks to a recent announcement by the state's governor.

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Governor M. Jodi Rell announced Monday that the state would fund small businesses through a $500,000 grant program. In a statement, the Governor said that helping small businesses access funding was one of her most important initiatives and that it would benefit the state's economy as a whole.

"Helping small businesses like these will ultimately pay big dividends in growth and prosperity for Connecticut," Rell said. "For a relatively modest investment by the state - and combined with the many other programs and services the state offers to help companies get started and keep moving - we can help spur job growth and economic development all across Connecticut."

Among the companies receiving funding are HABCO, an aerospace company based in Glastonbury, which received $17,500,; Windsor-based KTI, which received $25,000; and Silex, a medical device manufacturer based in Southington.

In other news for small businesses in Connecticut, ActionCOAH, an advice franchise, recently announced that it would be holding a new service, Sounding Board, in order to help entrepreneurs learn new skills. 

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