Economic Development

Tuesday, June 23, 2020
UI and SCG Help Downtown Businesses Recover from COVID-19 Impacts

ORANGE, CT -- As part of a broader commitment to support COVID-19 relief and recovery AVANGRID subsidiaries, United Illuminating and Southern Connecticut Gas, are providing funding to support the struggling downtown business districts in Bridgeport and New Haven. They are providing $20,000 to Bridgeport's Downtown Special Services District to help small, independent, ground-floor businesses plan and execute their reopening. Another $20,000 grant will help the Economic Development Corporation of New Haven/REX Development provide micro-grants so that downtown restaurants and shops can provide safe outdoor dining and retail spaces.

Wednesday, May 13, 2020
Bank of America, Travelers and City of Hartford Contributions Will Enhance Hartford Small Business Emergency Grant Program

HARTFORD, CT -- In April, the City of Hartford, the Hartford Foundation for Public Giving, HEDCO, Inc., and Capital For Change launched a $1 million Small Business Emergency Assistance Grant Program. The aim is to provide at least 100 small Hartford businesses with a grant of up to $10,000 to make lease or mortgage payments, pay salaries, make vendor payments, pay taxes, or make modifications to their physical space or technology to comply with social distancing guidelines. In an effort to support additional Hartford small businesses, Bank of America and Travelers have each made grants of $125,000 and the City of Hartford has allocated an additional $125,000 to the initiative.

Monday, December 10, 2018
The Chelsea Groton Foundation Makes 2nd $100K Grant to Support Global City Norwich

NORWICH, CT -- The Chelsea Groton Foundation recently presented a grant donation of $100,000 to NCDC’s Global City Norwich program, to be used specifically for assisting multicultural entrepreneurs and small business owners who are interested in occupying storefront spaces in the Downtown area, or who currently own businesses and are looking to grow.

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