The Women’s Business Development Council (WBDC) has relaunched its Equity Match Grant Program, which provides women-owned businesses across the Connecticut with grants of between $2,500 and $10,000. This is the sixth round of grants since the first round was allocated in 2020.
“We are so pleased to once again extend the opportunity for our state’s women-owned businesses to benefit from a WBDC Equity Match Grant,” said WBDC Founder and CEO Fran Pastore in a press statement announcing the new grants. “In addition to the wonderful stories we hear about how these grants are boosting small businesses, the data is also showing significant impacts on business outcomes.”
Previous rounds of the grant funding have given over $1.5 million to more than 160 different businesses, including many that are minority owned or situated in economically distressed communities. The application process for the new grant funding round opened on Jan. 17 and will run through Feb. 28.