EQUITY MATCH GRANT PROGRAM

 

EQUITY MATCH GRANT PROGRAM

The Women’s Business Development Council is offering grants of up to $10,000 to qualified small business ownersExplore Our Services

Home Equity Match Grant Program

The Women’s Business Development Council is offering grants of up to $10,000 to qualified women-owned small businesses in Connecticut

The Equity Match Grant Program 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. The grant funds cannot be used towards operating expenses, payroll, or real estate improvements​. Applicants are required to provide a minimum 25% match (see below for more details).

THE GRANT APPLICATION IS NOW OPEN

UNTIL FEBRUARY 13TH

APPLY TODAY!

This is a competitive process and WBDC may not be able to fund all strong applicants

We encourage you to schedule an appointment

with a WBDC business advisor or participate in one of our classes

Learn About the Equity Match Grant

Click on the tabs for more information

EligibilityMatch RequirementInfo SessionsMeet with an Advisor

To be eligible, the business must:

Be 51% or more woman-owned

Have been established for at least two years before February 13, 2022 (business must have been established by February 13, 2020 with a record of sales

Be headquartered in CT, registered in the state of CT and owned by a CT resident

In good standing with the CT Department of Revenue Services (DRS) and the Internal Revenue Service (IRS)

Have an established business checking account

Utilize a formal, digital bookkeeping/financial system (e.g. QuickBooks)

Have a record of annual sales/revenue in last twelve months greater than $25,000 and less than $2,000,000

Be a for profit business, or a non-profit that derives 75% or more of the organization’s revenue from a social enterprise

Be owned by a woman at least 18 years old

Additionally, the following businesses are not eligible

Child care businesses are not eligible for the Equity Match Grant. If your business is in the child care industry, WBDC has other programs for you. We encourage you to visit our Child Care Business Funding page to learn more, or reach out to us at childcarebusiness@ctwbdc.org.

If you or your business have already received a grant from WBDC in the last two years you are not eligible.

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-our-lease” or “going-out-of-business” or similar sale

19Phoebe Browning, Elinor Slomba and 17 others

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