Waterbury officials are preparing to commit $1.5 million to help the Women’s Business Development Council to open a new office in downtown Waterbury.
Waterbury Mayor Neil O’Leary’s administration is asking the city Board of Aldermen to approve spending $1.5 million from the city’s American Rescue Plan Act allocation to aid the nonprofit, which is dedicated to helping women succeed in business.
“The city plans to provide $300,000 per year over a five-year period to assist the WBDC in establishing a permanent, physical office within the City of Waterbury’s downtown area; expanding its highly successful technical assistance, counseling, workshops and courses to Waterbury based small businesses at all stages of development and expanding its small business microgrant programs specifically to Waterbury-based businesses,” Waterbury Manager of Budget Development and Oversight Sarah Geary wrote in a memo to aldermen.