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The Child Care Business Opportunity Fund, offered by the Women's Business Development Council (WBDC) in partnership with the Connecticut Office of Early Childhood, offers grants of up to $25,000 ...
The Capital Region Development Authority (CDRA), previously known as the Capital City Economic Development Authority (CCEDA), is a quasi-public state agency in Connecticut, responsible for promoting residential and economic development in and around the downtown district of the capital city of Hartford. The agency in its current form was ...
Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs.
An individual development account (IDA) is an asset building tool designed to enable low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. [1]
Bankrate insight. As of March 27, 2024, over $12.9 billion in 7(a) loans and over $3 billion in 504 loans have been approved so far. Of those approvals, 16.1 percent of 7(a) applications and 15.9 ...
An economic development corporation ("EDC") is an organization common in the United States, usually a 501(c)(3) non-profit, whose mission is to promote economic development within a specific geographical area. These organizations are complementary to Chambers of Commerce. Whereas a Chamber of Commerce promotes the interests of businesses in a ...
Loan type. Purpose. SBA loans. SBA loans are backed by the U.S. government and can be used for a variety of business expenses, including long-term fixed assets and operating capital.
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