COVID-19 Support

Following is a list of links to resources for entrepreneurs, startups, early-stage companies and other small businesses, including information about government programs and organizations offering counseling and other support:

NEW – PPP Loans Available through March: The Small Business Administration (SBA) is taking applications for new Payroll Protection Program (PPP) loans for small businesses whose business has been interrupted by COVID-19. New funding became available with passage of the COVID Recovery Act in March 2021; the application deadline is March 31. Find out how to apply, and about other changes to business guidelines for PPP and other federal assistance at: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

Federal Resources for Small Businesses During the Crisis: The U.S. Government recently posted a comprehensive list of resources available to small businesses during the COVID-19 crisis, including capital access (funding and loans), workplace safety, government contracting, cybersecurity and more. Check out https://covid-sb.org/ for more information.

Connecticut Department of Economic and Community Development (DECD) Business Recovery Page: Links to all State of Connecticut resources and assistance.  https://portal.ct.gov/DECD/Content/Coronavirus-Business-Recovery

Small Business Development Corporation/Connecticut (SBDC/CT) – Emergency Resource Guide: A comprehensive guide to the Federal Government’s financial assistance programs, including the CARES Act, the SBA’s Economic Injury Disaster Loan (EIDL), and the Paycheck Protection Program (PPP). https://ctsbdc.com/wp-content/uploads/2020/04/COVID19_ResourceGuide_04032020-1.pdf

Small Business Owner’s Guide to the CARES Act: A concise summary of the U.S. stimulus program, including SBA loan programs and small business counseling, contracting, and tax provisions. https://portal.ct.gov/-/media/Coronavirus/20200327-Small-Business-Owners-Guide-to-the-CARES-Act.pdf

CT DECD Business Recovery Emergency Hotline & Email: Phone: 860-500-2333
Email:  COVID19.JIC@CT.GOV

Current COVID-19 Funding Opportunities for Companies Conducting Relevant R&D: A list of currently available funding sources for companies and organizations conducting research and development efforts, or commercial product/service development, that could have a positive impact on the nation’s response to the COVID-19 crisis, is available here on CTNext’s News pages. This list, compiled by SBA/CT and the University of Connecticut, will be updated periodically.

Small Business Resource Page: AdvanceCT, formerly CERC, has launched a page listing relevant webinars and conference calls coming up to educate and inform Connecticut small businesses about pandemic assistance. The page also includes a regularly updated listing of state and federal programs and resources with contact links.

National Federation of Independent Businesses (NFIB): Updates about new and revised business rules in the state of Connecticut (and all other states) due to the coronavirus crisis. https://www.nfib.com/content/news/connecticut/gov-lamonts-actions-to-stop-the-spread-of-covid-19/

CBIA Fact Sheet on Revised Rules for Unemployment Compensation: As part of the CARES Act, the federal government has issued new rules for COVID-19 specific unemployment compensation. This document summarizes those new rules. https://www.cbia.com/resources/coronavirus/coronavirus-labor-employment/federal-covid-19-unemployment-compensation/

Fast Company – How to Survive the Crisis: The founder of Aira gives his perspective on the three things startups can do to survive the crisis.  https://www.fastcompany.com/90484533/3-things-startups-can-do-to-survive-the-economic-fallout-of-covid-19