Small Business Express Funds Five State Expansions
HARTFORD, Conn. (AP) _ Five Connecticut small businesses will be receiving funding to expand their operations as part of the state’s Small Business Express Program, created during October’s special legislative session on jobs.
Gov. Dannel P. Malloy announced Friday that Orange-based Nature’s First, Inc., Nalas Engineering in Essex, The Rockfall Company, LLC of Meriden, Stratford-based Jupiter Communications, LLC and Greenskies Renewable, LLC of Middletown are receiving funding through the program.
Funding, in the form of matching grants and job creation incentive loans, will help the businesses hire more employees and purchase machinery, among other things.
The Small Business Express program will provide more than $100 million to state businesses with less than 50 employees. The program is administered through the state’s Department of Economic and Community Development.
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