Governor Ned Lamont has announced a $5 million micro-grant program...

Governor Ned Lamont has announced a $5 million micro-grant program aimed at aiding small businesses in western Connecticut affected by recent flooding. Grants of up to $25,000 will be available for small businesses and nonprofits in Fairfield, Litchfield, and New Haven counties with fewer than 100 employees that suffered damage due to the storms.

The funding can help cover a variety of recovery costs, including cleanup, replenishing inventory, and equipment replacement. Governor Lamont emphasized the importance of supporting local businesses, which play a crucial role in the state's economy and community fabric. He mentioned ongoing collaboration with federal partners to explore additional support options.

Commissioner O'Keefe highlighted the challenges that unforeseen natural disasters pose to small businesses, noting that this micro-grant program serves as essential initial funding to help stabilize operations while businesses seek longer-term assistance. The program will be managed by the WBDC (Women's Business Development Council), a nonprofit organization dedicated to promoting business growth and job creation across the state.

The application process for the grants will begin on September 3, 2024, and businesses will need to submit detailed accounts of their flood-related damages, including documentation like photos, receipts, and estimates, to qualify for the funding.

Click here to learn more and apply for a grant.