• CARES Act (Coronavirus Aid, Relief, and Economic Security Act)

    Small Business Owner's Guide to the CARES Act: On March 27, 2020, the United States Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide the country with relief from the impact of COVID-19.

    For a guide about how the act will impact small businesses, click here.

    SBA assistance: On March 16, the U.S. Small Business Administration approved Governor Lamont's request to begin offering disaster-relief loans to Connecticut small businesses and nonprofits. Companies in the state can now apply for loans of up to $2 million through a special page on the SBA website. SBA also has more valuable information for businesses.

    SBA Covid19 Assistance Hotline: 1-800-659-2955

    Tax filing extensions: The Department of Revenue Services has extended deadlines for filing and payments associated with certain state business tax returns. Details are on DRS’s website.

  • DECD's COVID-19 Business Emergency Response Unit: (DECD) has created a COVID-19 Business Emergency Response Unit dedicated to assisting businesses navigate resources and develop new resources. Hotline:  860-500-2333 or email covid19.jic@ct.gov

    Connecticut Recovery Bridge Loan Program: To provide emergency cash flow relief to Connecticut small businesses and nonprofits that have been negatively impacted by the global spread of the COVID-19 pandemic, Governor Lamont created the Connecticut Recovery Bridge Loan Program. Administered by DECD, the program is for businesses and nonprofits that have fewer than 100 employees. Qualifying organizations can apply for zero-interest loans of up to $75,000 or three months of operating expenses (whichever is lesser). This $50 million short-term emergency loan program will be allocated on a first-come, first-served basis. As of March 27, 2020, the initial round of funding for this program is closed for applications to ensure that those that have been received so far can be processed efficiently and money distributed as quickly as possible. For those that have already submitted an application, additional documentation can be sent within seven days of submittal

    CT Department of Labor (CTDOL) 

    The CT DOL has posted a FAQ sheet for employers and workers - click here

    Employers reducing hours but not furloughing employees can partner with CTDOL's Shared Work program, which allows employers to reduce employees' work schedule by 10% to 60% and supplement lost wages with unemployment benefits.

    CBIA (CT Business and Industry Association) - Coronavirus Employer's Guide

    CT Small Business Development Center (CTSBDC) - Tips for Small Businesses 

    US Department of Labor