New Britain launches microgrant initiative to benefit small businesses
Steve Laschever
New Britain Mayor Erin Stewart
The city of New Britain has launched a new microgrant program aimed at supporting small businesses in the Hardware City.
City officials said microgrants of up to $7,500 will be made available for qualifying businesses to be used for signage, security systems, or equipment. The program is being funded via Department of Housing and Urban Development community block grants.
New Britain Mayor Erin Stewart said the microgrants will allow the city to support current “small business owners who are in need in a fiscally responsible way, while also creating an environment that encourages economic growth throughout our city.”
Under the rules of the program, eligible businesses must provide a neighborhood service, create or retain at least one low-income job, be located in a Neighborhood Revitalization Zone, and plan to use the grant for either signage, security systems and or equipment.
The city said grant rounds will open semi-annually with a strict 30-day submission window. The current grant window opens at 9 a.m. on Aug. 22 and will close at 4 p.m. on Sept. 21, 2022.
Interested business owners can request an application by emailing Jack Benjamin, the city’s director of planning and development, at jack.benjamin@newbritainct.gov.
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