Connecticut Economic Development Fund

Connecticut Economic Development Fund Access to capital, technical assistance to small businesses and support for community economic development.

What's the value to me?

If you are starting a company in Connecticut and are looking for loans up to $250,000.

Description & Overview

CEDF was created in 1994 to revitalize Connecticut’s distressed neighborhoods by providing greater access to capital, technical assistance to small businesses and support for community economic development.

Services

  • Loans and technical assistance to small businesses and nonprofits in the state; loans from $5,000 to $250,000. (Standard Loan, SBA/Microloans, Grow Your Business Loan)
  • Small business skills workshops throughout the state.Resource information is available to assist with the business plan.

Criteria

  • All applicants are required to have a business plan.
  • Project must benefit the community, such as increasing the economic base, creating jobs, providing a needed service or by being part of a community strategic plan.
  • The business is located in one of the 56 targeted or preferred communities or income of owner(s) is less than statewide median income.

Contact

965 East Main Street
Meriden, CT 06450

Nadine Cabrera
P: 888-835-2333
W: Connecticut Economic Development Fund

Phases:

Launch
Scale

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