CONNECTICUT SMALL BUSINESS LEADERS REQUEST CARES ACT FUNDING RELIEF
The Connecticut Restaurant Association, along with other state business associations, have created a coalition and submitted a letter to Governor Ned Lamont and legislative leaders asking for the creation of a $70 million grant program to help small businesses who have been affected by COVID-19.
In March, the CARES Act stimulus bill sent nearly $1.4 billion to Connecticut. Much of this funding has already been allocated, while hundreds of millions of unallocated funding remains.
CRA Executive Director Scott Dolch, along with other small business leaders, proposed a small business grant program with $70 million in funding (about 5% of Connecticut's total stimulus funding), to aid thousands of small businesses that are struggling to remain open right now.