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Hartford Economic Development Corporation (HEDCO)

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  • Provides financial and technical assistance
  • Offers a wide variety of classes from accounting to workplace efficiency
  • Dedicated to fostering small business growth in Connecticut

About

Since 1975, HEDCO Inc. aims to help small business clients and their communities succeed through economic growth. While it was originally established as a technical assistance facility for Hartford area businesses, it has since expanded its scope and provides services throughout Connecticut. The organization offers low-interest and revolving fund loans, as well as technical assistance and business advisory services.

Who’s it for?

Entrepreneurs and small businesses looking expand their business knowledge and/or apply for a business loan.

Mission

We build productive partnerships, create new programs that meet the changing needs of entrepreneurs and increase the funds available to help people build and improve their business and non-profit organizations.

Resources & Services

Financing

HEDCO Inc. offers low-interest and revolving fund loans designed to be flexible and affordable. Loans of up to $150,000 are available, with terms of one to 10 years and interest rates between 4 and 6 percent.

Technical Assistance

HEDCO Inc.’s technical assistance programs are anchored by its Business Resource Center, which includes a business incubator program, training classroom, and a team of business experts. The organization offers a variety of client services, including one-on-one consultations on a variety of business topics.

Training Classes

HEDCO Inc. offers a variety of interactive courses through its Business Resource Center, covering topics such as marketing, law, financing, and business management.

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