On July 25, Governor Ned Lamont announced a new low-interest loan program for small businesses and nonprofits called the Connecticut Small Business Boost Fund. 

The Department of Economic and Community Development has launched a $150 million lending program targeting small businesses and nonprofits in low-income and historically underserved communities as persistent stress of COVID-19 and new concerns of recession weigh on their minds.

Starting on August 1, businesses and nonprofits can apply online for low-interest loans, currently at 4.5%, through the Connecticut Small Business Boost Fund website. Administrators will evaluate applications ….. CLICK HERE TO READ THE ARTICLE