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Even though navigating the various programs established to help businesses weather the pandemic storm can be difficult, the Chamber of Commerce of Eastern Connecticut is ensuring it clarifies things for its members.
On Tuesday morning, Lt. Governor Susan Bysiewicz, Department of Economic and Community Development (DECD) Director Glendowlyn Thames and U.S. Small Business Administration District Director Catherine Marx addressed the chamber members in a virtual meeting about what kinds of loans, grants and other assistance is available, and they also gave viewers a chance to ask questions.
Bysiewicz said that businesses have been using the DECD Grant program, which awards $5,000. Bysiewicz said that 18,000 businesses have applied for it, and Thames said $7,000 have received money. The program will wrap up this week with 10,000 businesses total receiving grants.