Women-owned Small Businesses in Connecticut

The Women’s Business Development Council offers grants of up to $10,000 to qualified women-owned small businesses in Connecticut. Donor Name: Women’s Business Development Council State: Connecticut County: All Counties Type of Grant: Grant Deadline: (mm/dd/yyyy) 09/24/2024 Size of the Grant: $1000 to $10,000 Grant Duration: Grant Duration Not Mentioned Details: Ignite is designed to help women-owned businesses grow! 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 the application round deadline, with a record of sales Have a record of annual sales/revenue in the 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 Have invested at least $2,500 into your business in the last 12 months, unless the business is located in a distressed municipality The following businesses are not eligible: Childcare businesses are not eligible for the Ignite Grant. If your business is in the childcare industry, WBDC has other programs for you.  Any individual or business that has already received an Ignite Grant, Equity Match Grant or WBDC Municipal Grant is not eligible. Non-profit organizations are not eligible. Current vendors or contractors of WBDC are not eligible. (Former vendors are eligible to apply a year after working with WBDC.) Medical marijuana; liquor stores and alcohol distributors; adult businesses such as strip clubs; vape retailers; tobacco shops and smoking lounges; businesses having to do with gambling; gun stores and ranges; cash advance, check cashing, or pawn shops; bail bonds; collection agencies or services; and auction or bankruptcy or fire or “lost-the-lease” or “going-out-of-business” or similar sale. For more information, visit WBDC.