Deadline: 13-Feb-22
The Women’s Business Development Council (WBDC) is inviting applications from qualified women-owned small businesses in Connecticut for the Equity Match Grant Program to help women-owned businesses grow!
The grant funds cannot be used towards operating expenses, payroll, or real estate improvements. Applicants are required to provide a minimum 25% match.
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
- Have been established for at least two years before February 13, 2022 (business must have been established by February 13, 2020 with a record of sales
- Be headquartered in CT, registered in the state of CT and owned by a CT resident
- In good standing with the CT Department of Revenue Services (DRS) and the Internal Revenue Service (IRS)
- Have an established business checking account
- Utilize a formal, digital bookkeeping/financial system (e.g. QuickBooks)
- Have a record of annual sales/revenue in last twelve months greater than $25,000 and less than $2,000,000
- Be a for profit business, or a non-profit that derives 75% or more of the organization’s revenue from a social enterprise
- Be owned by a woman at least 18 years old
For more information, visit WBDC.
For more information, visit https://ctwbdc.org/equity-match-grant-program/