Economic Development News & Updates in
Greater New Haven
Five Facts on COVID Relief Funds
What is a COVID EIDL loan?
In response to the COVID-19 pandemic, SBA was given the authority to make low-interest fixed-rate COVID EIDL loans to help small businesses and other entities overcome the effects of the pandemic by providing borrowers with working capital to meet ordinary and necessary operating expenses.

What can I use the loan proceeds for?
Borrowers may use COVID EIDL working capital loan proceeds to make regular payments for operating expenses and to:
•   Pay or pre-pay business non-federal debt incurred at any time (past or future), including monthly payments, payments of deferred interest
•   Pay regularly scheduled payments on federal debt
•   Payroll
•   Rent/mortgage
•   Utilities
•   Other ordinary business expenses
Supporting Our Students: Introducing CampusCT
AdvanceCT and the Governor’s Workforce Council have partnered with UpperCampus, a leading technology company in career readiness software, to design CampusCT, a mobile experience built exclusively for Connecticut students.

Showing Connecticut undergrads they don’t have to leave to succeed

We educate Connecticut college students at our renowned, world class institutions, yet we rank 41st nationally in retaining them. We know we can do better. CampusCT aims to increase awareness of the state’s employers, from global Fortune 500 companies to local small businesses and non-profits and highlight all that Connecticut has to offer them as they launch – professionally and personally. Read More
Guilford And Madison To Share Economic Development Director
Guilford First Selectman Matt Hoey and Madison First Selectwoman Peggy Lyons this week announced they've named Sheri Cote as the "newly established" Guilford-Madison Economic Development Director.

Cote has served as Guilford's Interim Economic Development Coordinator in a part time capacity for the past year, Hoey noted. Read More
South Central Connecticut Housing Plan Survey - Deadline extended to October 15
The South Central Regional Council of Governments (SCRCOG), which brings together local governments to coordinate municipal services, transportation and land use planning programs for its 15 member municipalities is announcing the beginning of a housing survey for residents.

Why is SCRCOG doing the Survey?

This survey is part of SCRCOG’s efforts to help each municipality create housing plans in accordance with the State of Connecticut’s General Statutes Section 8-30j, which requires each municipality create and amend an affordable housing survey at least once every five years. This survey is intended to help identify the perceptions and realities of housing affordability, appropriateness, and challenges within each community.

The survey is being offered in two formats, online and as a paper version with options for English and Spanish. The survey will be open from September 14 to October 15, 2021. Read More

Paper surveys can be mailed to:
127 Washington Ave., 4th Floor West
North Haven, CT 06473
More News & Events
October is Cybersecurity Month Read More

October 13 10-11 a.m. Disaster Preparedness for Small Business presented by SBA Read More

October 14 3-6 p.m. Greater New Haven Chamber of Commerce 227th Annual Meeting & Business Leadership Awards Read More

October 28 4-6 p.m. ManufactureCT presents Bauer Inc. Plant Tour - Innovation in Action Read More

Collab and CitySeed are now accepting applications for their 2022 Food Business Accelerator Read More