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Current as of January 01, 2025 | Updated by Findlaw Staff
The grants provided under section 8-240p shall be used to:
(1) Identify appropriate microloan applicants state-wide;
(2) Evaluate the need for a prospective microloan applicant's business in the community in which the microenterprise is or would be located;
(3) Evaluate community support for a prospective microloan applicant's business in the community in which the microenterprise is or would be located;
(4) Work in conjunction with other community-based nonprofit organizations, state and federal agencies and with the Community Economic Development Fund or any other regional revolving loan programs within the state to assist prospective microloan applicants in preparing and finalizing business plans;
(5) Assist prospective microloan applicants in identifying and accessing other appropriate business resources, including those providing business management training;
(6) Track client data, level of service and outcome of services provided; and
(7) Promote microenterprises and coordinate the delivery of services by microenterprise support organizations to microenterprises.
Cite this article: FindLaw.com - Connecticut General Statutes Title 8. Zoning, Planning, Housing and Economic and Community Development § 8-240q. Eligible activities for grants under pilot microloan program for microenterprises - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-8-zoning-planning-housing-and-economic-and-community-development/ct-gen-st-sect-8-240q/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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