NEW HAVEN, CT -- A new public-private partnership is offering low-interest and partially forgivable loans to local minority-owned and women-owned small businesses. The initial loan pool of $1.5 million will offer loans of up to $25,000 for small businesses located in New Haven and the lower Naugatuck Valley cities of Derby and Ansonia. The Partnership Loan Program for Minority- and Women-Owned Businesses in New Haven and the Lower Naugatuck Valley was created through a partnership among The Community Foundation for Greater New Haven, HEDCO, Inc., the Amour Propre Fund and The City of New Haven.
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HARTFORD, CT -- Today 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 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 pay for other eligible expenses.
HARTFORD, CT -- CRCOG, in partnership with the Hartford Foundation for Public Giving and the MetroHartford Alliance, recently hired the consulting firm of Fourth Economy Consulting to help the region complete a situational assessment and develop “game changer” initiatives to serve as the core of a new economic development strategy. Fourth Economy, based in Pittsburgh, recently worked with the 100 Resilient Cities initiative to help cities around the world become more resilient to economic changes.