HEDCO DECD Small Business Grant

The Partnership Loan Program for Minority- and Women-Owned Small Businesses in the cities of New Haven, Ansonia, Bethany, Branford, Cheshire, Derby, East Haven, Guilford, Hamden, Madison, Milford, North Branford, North Haven, Orange, Oxford, Seymour, Shelton, Wallingford, West Haven, Woodbridge ​ HEDCO, Inc., The Community Foundation for Greater New Haven, the City of New Haven, and The Amour Propre Fund are collaborating to provide financial relief and recovery resources to minority-owned and women-owned small businesses (the “Program”). Under the Program, a qualifying small business with 20 or fewer employees (1-20 employees) may apply for a four (4%) percent term loan for up to $25,000 (twenty-five thousand dollars). This $1.5 million Program is allocated to minority-owned and women-owned small businesses based in one of the 20 cities listed above. The program will be administered and underwritten by HEDCO, Inc.