Grants and Loans for Your Business
Learn how about the variety of grants and loans available for your business, through WBDC and beyond. We provide free counseling to help you apply for these funding opportunities.
WBDC Emergency Relief Grant
This grant program is designed to help licensed child care providers cover operating expenses to keep their business open through the pandemic.
WBDC, in partnership with the Connecticut Office of Early Childhood (OEC) and the Connecticut Governor’s Workforce Council (GWC), provided emergency relief grants between $6,500 and $50,000 to qualified OEC-licensed child care providers suffering severe revenue shortages as a direct result of the COVID-19 pandemic. Grants were designed to help cover immediate business expenses for businesses most in jeopardy of closing in the next 60 days.
This program is now closed, but stay tuned for additional grant opportunities coming this Spring!
WBDC Equity Match Grant
This grant program is designed to help women-owned businesses pivot, expand or restructure during pandemic times and beyond.
WBDC is pleased to provide grants of up to $10,000 to qualified women-owned small businesses in Connecticut. Grants are for clearly defined projects that will have a measurable impact on the business, not for operating expenses. Priority will be given to those from economically distressed municipalities. The next grant round will be announced in April. You can get prepared now by working with a WBDC Business Advisor.
This program is now closed, but stay tuned for the next round coming this Spring!
Learn about the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) program.
The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during COVID-19 by covering payroll costs and other expenses. This PPP loan may be forgivable if you spend at least 60% of the funds you receive on payroll, and if you received PPP in 2020, you may still be eligible. This program closes by March 31, 2021, so get your application soon! The Economic Injury Disaster Loan (EIDL) program provides economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue due to COVID-19. Funds can be used to cover working capital and normal operating expenses, such as continuation of health care benefits, rent, utilities, and fixed debt payments. We provide counseling to help you understand and apply for both of these programs. Additional information can also be found below.
Schedule an Appointment
Or call (203) 751-9550 option 4 to book your session.
WBDC On-Demand Webinar
Financial Foundations: Applying for PPP & EIDL for Sole Proprietors
WBDC On-Demand Webinar
Financial Foundations: Applying for PPP & EIDL as an Employer
Seminario web a pedido de WBDC
Fundamentos Financieros: Solicitud de PPP y EIDL para Proveedores de FCC
Find out if you are eligible to apply for PPP with our easy-to-use decision tree