Connecticut Small Business Boost Fund

Connecticut Small Business Boost Fund

The Connecticut Small Business Boost Fund is a public-private partnership that provides low-interest loans to small businesses and nonprofits in Connecticut. It’s a one-stop shop for business owners, where they can get business support and guidance before, during and after the loan application process. The program is aimed at helping small businesses and nonprofits, particularly those in low-income and historically underserved communities, with access to flexible working capital.

The fund is anchored by a $75 million investment from the state of Connecticut.


CT Boost Fund logo

Fund Launch

July 2022

Capital Committed

$150 million

Available to

Institutional lenders

Geography

Connecticut

Borrowers served

Small businesses and nonprofits

Participating CDFIs

6

Website

www.ctsmallbusinessboostfund.org

How it Works

A new resource to help small businesses and nonprofits access the financial and technical support they need to thrive

How to Participate

For lenders and donors interested in supporting the Small Business Boost Fund:

Reach out to us at info@calvertimpact.org with "Small Business Boost Fund" in the subject line.
Please note that our small business recovery funds are available to institutional lenders only. The minimum commitment is typically $1 million.

Supporting Lenders and Partners

M&T bank
First Republic Bank
Citizens bank
CT Dept of Econ and Community Development