Small Business Finance News
Connecticut Governor Hands Out New Grants To Small Businesses
Written by Jenna Weiner
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.
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.
Share this article
About Our Entrepreneur News Feeds
Our entrepreneurial news is packed with useful information for small business startups and entrepreneurs. Find helpful entrepreneur resources about small business management, financing, marketing & technology.
Additional Resources for Entrepreneurs