Four New London businesses have been selected by the Women’s Business Development Council (WBDC) to receive a combined $40,000 in the latest round of awards for the New London/WBDC Small Business Grant Program. The program, launched in October through a partnership between the City of New London and WBDC, makes available grants of up to $10,000 to eligible New London-based businesses.
Applications are now being accepted for a new round of the Women’s Business Development Council (WBDC) Equity Match Grant Program. The program offers grants of up to $10,000 to qualified women-owned small businesses in Connecticut, and since its launch in 2020 has awarded grants to 167 businesses, totaling $1.5 million, and counting.
Governor Ned Lamont recently announced the Women’s Business Development Council (WBDC) will be awarded $9.8 million in grant funding, distributed over a five-year period, through a business support initiative administered by the Connecticut Department of Economic and Community Development (DECD). In total, the DECD program is providing $46.6 million in funding to ten local nonprofit economic development organizations across the state.
The Women’s Business Development Council (WBDC) officially opened the doors to its brand new office in downtown New London (61 Bank St.) with the announcement of a grant program offered in partnership with the City of New London. The New London/WBDC Small Business Grant Program makes available grants of between $2,500 and $10,000 to eligible New London-based businesses.