The Department of Economic and Community Development (DECD) has created a $50 million grant program to help our small businesses in Connecticut recover from the ongoing challenges of COVID-19. Eligible businesses and nonprofits can receive a one-time $5,000 grant and all funds will be disbursed to approved applicants by December 30, 2020. Click here to learn more.
Homebuilders pulled more municipal permits to erect new housing in August, marking the second consecutive monthly increase, new data shows. Click here to read more.
Governor Ned Lamont today announced that as companies continue navigating the impact of the ongoing, global COVID-19 pandemic, the State of Connecticut will be expanding its Shared Work program, which helps businesses in the state prevent layoffs by allowing them to temporarily reduce employee hours and use partial unemployment benefits to supplement lost wages. The program will be expanded beginning [...]
Connecticut pizzerias continue to earn more accolades; six spots were named in The Daily Meal's "101 Best Pizzas in America" list. Click here to read more.
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Joining their directory is fast, easy, and free! Tell the small business owners you know to sign up here.
OPM Extends Application Deadline for Small Town Economic Assistance Program (STEAP) https://portal.ct.gov/OPM/Bud-Other-Projects/STEAP/STEAP_Home
In just six months, the COVID-19-induced economic recession has pushed Connecticut’s unemployment rate up to nearly 15% as the state budget deficit is also projected to top $2.1 billion in the current fiscal year. Click here to read more.
DECD launches CT Business Reopening and Recovery Center: https://business.ct.gov/recovery
PROGRAM OVERVIEW Join AdvanceCT as we explore the results of statewide business community surveys and other research performed by our staff that provide critical information about the impact of COVID-19 on our local economies. We will also discuss actions being taken at different levels of government around the country and internationally to combat the economic impacts of the virus. You [...]