The Elmseed Enterprise Fund

The Elmseed Enterprise Fund Elmseed facilitates the creation of successful small businesses in New Haven. It provides access to small, low-interest loans and technical assistance.

What's the value to me?

If you are in the New Haven area and are looking for loans up to $5,000 and other technical assistance.

Description & Overview

Elmseed facilitates the creation of successful small businesses in New Haven. It provides access to small, low-interest loans and technical assistance.

Services

  • Loans up to $5,000 at a 10% annual interest rate to entrepreneurs in the Greater New Haven community looking to start or grow their small businesses.
  • Project-based, individualized small business consulting.
  • Entrepreneurship Development Course: Help aspiring entrepreneurs choose and refine their business idea and hone their plan of action through a structured curriculum and peer support. The course teaches key business fundamentals, and reviews common mistakes made in the early stages of the entrepreneurship process.

Criteria

  • A full business plan or executive summary
  • Basic financial projections
  • Proof of income and copies of all pertinent licenses to be submitted with the application.

Contact

P.O. Box 207148
New Haven , CT 06520

W: The Elmseed Enterprise Fund

Phases:

Idea
Business Model Discovery / Validation

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