For businesses based on Torrington, CT
FINAL APPLICATION DEADLINE: AUGUST 15, 2024
The Torrington/WBDC Small Business Grant Program is designed to help businesses in the City of Torrington, Connecticut grow! Grants between $2,500 and $10,000 will be awarded for clearly defined projects that will have a measurable impact on the business, its growth and profitability.
The grant funds cannot be used towards operating expenses (e.g. inventory, on-going marketing expenses, salaries), real estate improvements (e.g. construction costs), reimbursement for past purchases or debt repayment.
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To be eligible, the business must:
The following businesses are not eligible:
If you are ineligible, our businesses advisors are available to work with you to support your business, at no cost to you. If you would like to schedule an appointment to meet with a WBDC business advisor, please contact our team at torringtonctgrants@ctwbdc.org.
Recorded webinars are available to enable applicants to prepare their applications before submitting. Get started by watching a recorded information session!
Click here: Torrington/WBDC Grant Information Session
WBDC Business Advisors are available to help answer your questions after you have attended a live or on-demand information session. Please email info@ctwbdc.org to schedule an appointment.
*Applications will be reviewed by an independent panel of experts from the community. WBDC Business Advisors will not be making the decisions on who receives grants.
There are four sections to the application:
Section A: How you would use the grant
Section B: Narrative of your business
Section C: Upload supporting documents
Section D: Compliance and consent
Thoughtful, complete, and well-developed picture of your business that shows a path to growth.
Exceptionally clear use of funds, with a direct link to growth, focused, strong supporting detail.
Financial Projections are robust and reflects seasonality of business in projections where all numbers make sense.
Display the business’ long-term potential, with strong growth and potential for continued growth
Job creation potential, with the business being on track to adding more jobs
Return on investment, that the funds will unlock growth
Grant will have a meaningful impact on the business and help the business grow and scale
*Applications will be reviewed by an independent panel of experts from the community. WBDC Business Advisors will not be making the decisions on who receives grants.
This template is provided as a guide by the Women’s Business Development Council (WBDC). Applicants are welcome to use this template or their own format if they prefer.
Access on-demand lessons about how to create projections based on your business type.
For additional assistance please email info@ctwbdc.org to request an appointment with a finance advisor.
Please request your letter from the CT DRS myconneCT online center: 𝗺𝘆𝗰𝗼𝗻𝗻𝗲𝗖𝗧 (ct.gov)
Here is a tutorial to on how to request the status letter: Requesting a Status Letter (of Good Standing) (ct.gov)
Click here to see an example of what your status letter should like. Please note that if it does not look like this – it is the wrong document.
