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Tag: Covid-19 economic relief

CT office of SBA, on record-setting lending tear, promises to redouble...

“Our grants and programs will still have a very important part to play in the small business ecosystem in 2022 – and beyond,” says Connecticut SBA District Director Catherine Marx.

Restaurant industry facing winter of discontent – again

“I’m telling restaurateurs that their job is still survival,” Connecticut Restaurant Association President and CEO Scott Dolch says. “The next six months are going to be critical."

Nearly $10.5 million in fed funding coming to CT’s dairy, aquaculture...

“These strategic investments in agriculture are in great need for farmers to continue operating and providing safe, affordable, and healthy foods to residents,” said the executive director of the Connecticut Farm Bureau Association.  

Small business picture still grim during post-pandemic recovery

One recent survey found that 44% of small business owners have less than three months’ cash reserves – a particularly worrisome situation should another Covid-related shutdown or other emergency arise.

The WorkPlace, expecting wave of post-pandemic job seekers, offers pop-up employment...

With federal and state unemployment bonuses now expired, there could be a returning tsunami of people looking for regular employment – and unsure of how to find it.

First round of CT’s ‘Back to Work’ bonus payments going out...

Approximately $10 million has been allocated for the program, which will provide bonus payments for up to 10,000 eligible applicants.

Fed approves state’s plan to use $110 million for schools’ Covid...

“This historic level of funding allows us, as one educational community, to be bold and innovative as we forge our path to a transformative and equitable recovery," said state DOE Commissioner Charlene Russell-Tucker.

SBA learning from mistakes as it takes on herculean tasks, says...

To date, the Connecticut department of the Small Business Administration has approved over $27.7 billion in loans to businesses in the state to get through Covid-19 – and more is on the way.

Curtain rises (a bit): Theaters try to spring back after major...

“I’m an optimistic guy, or I wouldn’t work in the arts,” says Westport Country Playhouse Managing Director Michael Barker.

SBA launches new grant program for ‘smallest of the small’ businesses

Competitive grant awards will range from $1 million to $5 million for a two-year performance period.

Union Savings Bank emerges from pandemic stronger, but plenty of challenges...

“A lot depends on how quickly people go back to their old behaviors,” the Danbury bank's president and CEO says.

SBA: Restaurant Revitalization Fund relief will start arriving today

The agency says that over 50,000 additional PPP loans have been approved, totaling $3.1 billion for Connecticut businesses and entities in 2021.

WBDC announces $400K in grants being awarded to 44 women-owned businesses...

Roughly 32% of the recipients are minorities.

SBA’s restaurant fund applications open on May 3; Free drinks for...

The #CTDrinksOnUs campaign features participating Connecticut restaurants offering a complimentary drink to vaccinated patrons who order food.

Gov. Lamont recommends how to spend $6 billion-plus in American Rescue...

Lamont said that the federal funds “represent an incredible opportunity for this state to make transformative investments to emerge healthier and stronger."