Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title32 Commerce and Economic and Community Development |
SubTitle32-9qq-1_32-9qq-7. Business Outreach Center Challenge Grant Program |
Sec.32-9qq-2. Eligibility
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To be eligible for a grant pursuant to these Regulations an applicant must:
(a) be a non-profit or governmental entity;
(b) be applying for a grant hereunder to cover, in whole or in part, the cost of maintaining or operating a business outreach center as defined in Section 32-9qq-1 of these Regulations;
(c) be providing or able to provide assistance to small businesses and minority business enterprises in the areas of business plan development, financial projection, loan package planning, including loan packaging for small and minority businesses seeking financial assistance from the Connecticut development authority, business counseling and related monitoring and follow-up services; and
(d) establish and maintain business outreach centers solely in the State of Connecticut.
(Effective August 31, 1989)