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Connecticut Grant Program to Assist Nonprofits With Security Improvements

  • Nonprofits can receive $50,000 under a Connecticut grant program designed to assist with security improvements
  • Program is open to organizations that can demonstrate that they are at elevated risk of being targeted for violence
  • Improvements can include building upgrades, staff training, and other measures aimed at protecting staff and clients
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Business News Roundup, February 4, 2021

Congress is making further advances on a proposed economic stimulus package, and will also hold a confirmation hearing on President Joe Biden's pick to lead the Labor Department. Jobless claims were down last week, but remain considerably above pre-pandemic levels.…

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After Tumultuous 2020, Businesses Encouraged to Be Cautious in Tax Filings

  • The relief measures passed during the COVID-19 pandemic included tax credits, deferrals, and other options for small businesses
  • Untangling the various options can be a challenging process due to shifting guidance and certain limitations
  • Taking the time to consult with an accountant or business advisor on your 2020 taxes can help you receive the best benefits
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Census Survey: More Than Half of Small Businesses Don’t Expect Short-Term Recovery

  • More than half of respondents in Census Bureau’s Small Business Pulse Survey think it will take longer than six months to return to pre-pandemic normalcy, or that this won’t be possible
  • One-third say they will need additional financial assistance in the next six months, while a similar share hopes to ramp up their marketing and sales
  • Some data shows fewer disruptions to operating capacity, but a majority of companies are operating below pre-pandemic levels
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WBDC Equity Grant Match Program Now Open to Women- and Minority-Owned Connecticut Businesses

  • Women’s Business Development Council accepting applications for grant program open to women- and/or minority-owned businesses
  • Grants of between $2,500 and $10,000 available to qualifying businesses
  • Applications must be submitted by Feb. 15
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Connecticut Surpasses $1 Billion in New PPP Loans

  • Paycheck Protection Program loans to Connecticut businesses now exceed $1 billion, according to latest data from Small Business Administration
  • A total of 11,600 businesses in the state have received loans
  • Eligible companies encouraged to apply before March 31 deadline
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CTNext Accepting Applications for 2021 Mentor Network Cohort

  • CTNext looking for early stage ventures to connect with mentors for its 2021 program
  • Mentors provide guidance for three to four months, but can continue advising after the end of the program
  • Application deadline originally set at Jan. 29, but has been extended to Feb. 5
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Lamont Eases Curfew on Connecticut Restaurants

  • Governor Ned Lamont extends restaurant curfew from 10 p.m. to 11 p.m.
  • Decision follows decline in Connecticut’s COVID-19 daily positivity rate and hospitalizations
  • Connecticut Restaurant Association hopes to see end to curfew cap in coming weeks
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Business News Roundup, February 2, 2021

The acquisition of an alcohol delivery service, a jobs boom at a southeastern Connecticut company, and lackluster vaccination rates in some Connecticut cities are among the top business news items this morning. Business trends Uber has purchased the alcohol delivery…

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