The Women’s Business Development Council is offering grants of up to $10,000 to qualified small business owners.
Donor Name: Women’s Business Development Council
State: Connecticut
County: All Counties
Type of Grant: Grant
Deadline: 02/28/2023
Size of the Grant: $2,500 and $10,000
Details:
The Equity Match Grant Program is designed to help women-owned businesses grow!
Funding Information
Grants between $2,500 and $10,000 will be awarded for clearly defined projects that will have a measurable impact on the business, its growth and profitability.
Eligibility Criteria
To be eligible, the business must:
- Be 51% or more woman-owned
- Be headquartered in CT, registered in the state of CT and owned by a CT resident
- Have been in business for at least two years before February 28, 2023 (business must have been established by February 28, 2021) with a record of sales
- Have a record of annual sales/revenue in last twelve months greater than $25,000 and less than $2,000,000
- Be in good standing with the CT Department of Revenue Services (DRS)
- Have an established business checking account
- Currently utilize a formal, digital bookkeeping/financial system (e.g. QuickBooks, Sage, FreshBooks, Wave Accounting)
- Be a for profit business
- Be owned by a woman at least 18 years old
The grant funds cannot be used towards operating expenses (e.g. inventory, on-going marketing expenses, salaries), real estate improvements (e.g. construction costs), reimbursement for past purchases or debt repayment.
For more information, visit Equity Match Grant Program.
