2025 Business Operating Grant – Connecticut - fundsforNGOs

The Middlesex County Revitalization Commission offers grants to qualified small businesses in Middlesex County, Connecticut.

Donor Name: Middlesex County Revitalization Commission

State: Connecticut

County: Middlessex Couny (CT)

Type of Grant: Grant

Deadline: 03/15/2025

Size of the Grant: $10,000 to $100,000

Grant Duration: 5 Years

Details:

The grants are designed to provide operating assistance for small businesses to continue and grow their operations. This is a five-year grant program. The MCRC Business Operating Grants Program will distribute $200,000 in grants annually from 2023 to 2027. Small businesses (up to 50 employees and under $8 million in revenue) that have been in business for at least two years in a Middlesex County town may be eligible to apply. Businesses may apply for up to $25,000 per year to help fund projects that spur business growth or mitigate a hardship.

Funding Information

The maximum assistance amount will not exceed $25,000.00 per business per grant year.

Grant Period

This is a five-year grant program.

Uses of Fund

Applicant must demonstrate that the operating funds are necessary and sufficient to sustain and grow the business and increase and/or retain jobs when combined with any other sources
The grants are to provide funds for potential business expansion and growth or support ongoing operations due to an experienced hardship
The approved use of funds includes equipment and/or technology, leasehold improvements, and other fixed costs, including costs associated with supply chain disruption, increased employee travel time/mileage expenses, increased vendor costs, loss of income, and additional marketing expenses.

Eligibility Criteria

Be based in and have operated in Middlesex County for at least 24 months as of March 15, 2025 (this is a business retention and growth initiative for existing Middlesex County businesses Startups will not be considered.)
Have no more than 50 employees and under $8 million in gross sales in 2024
Be a for-profit United States Corporation, LLC, partnership, or sole proprietorship, and possess good character and reputation
Be in good tax standing with the State of Connecticut Department of Revenue Services
Be compliant with the Connecticut Department of Labor Office of Unemployment Assistance and all applicable state and federal employment laws and regulations, including but not limited to minimum wages, unemployment insurance, workers’ compensation, and child labor
Be in good standing with the town where they are located
Be current on all prior MCRC and state lending programs, if applicable
Be in operation, even if working remotely.

Ineligibility