Resources for Minority-owned Businesses
There are many resources to help minority-owned businesses start and grow in Connecticut. If you are a minority business owner, check out this list of resources that you may be able to take advantage of.
All Resource Lists
If you are a small contractor, minority or woman owned business in Hartford you should look into this program.
The City of Hartford maintains a stand alone registry of eligible small contractors and minority and women enterprises for program Small Contractors- SC and Minority Women Business Enterprise- Minority and Woman
Learn more about City of Hartford Supplier Diversity Program
Opportunity to contract with Connecticut government
The Department of Administrative Services administers statewide contracts for the purchase of supplies, equipment and contractual services through programs such as:
- Supplier Diversity (Set-Aside) Program for women and minorities
- State and Federal Surplus Property Distribution
- Construction Contractor Pre-qualification
- Environmentally Preferred Purchase
- State and Federal Surplus
Learn more about Connecticut Procurement Services
If you are a seeking contracts with the CT Dept. of Transportation as a disadvantaged business enterprise (DBE)
The mission of the Connecticut Department of Transportation is to provide a safe and efficient intermodal transportation network that improves the quality of life and promotes economic vitality for the State and the region.
Learn more about Disadvantaged Business Enterprise (DBE) - ConnDOT
Training and education for under-served citizens to support job growth and business development.
The Spanish American Merchants Association (SAMA) is a non-profit corporation created to assist business people, in particular Latinos, to acquire a better understanding of economic principles. The Association effectively communicates the needs and potential of the Hispanic enterprise to the public, government and private sector.
Learn more about Empresario Development Center - SAMA
If you are a woman-, minority- or veteran-owned technology business looking for SBIR support services.
To maximize each business's potential, we tailor solutions that often combine our funds with resources from other financial leaders.
When you need additional funding to run your business, Connecticut Innovations (CI) can work with you and your bank to get you financed. We offer loans of up to $5 million for owner-occupied real estate, equipment purchases, working capital and more.
CI has a number of equity funds for when you're ready to take your technology idea or business to the next level. We are highly selective and have a stringent due diligence process, but if you meet our investment criteria, our team will recommend the fund that best fits your needs.
Learn more about FAST Partnership Program
Procurement and business opportunities for minorities nationally
The Greater New England Minority Supplier Development Council (GNEMSDC) advances business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members. One of the region’s leading corporate membership organizations, GNEMSDC was incorporated in 1975 to provide increased procurement and business opportunities for minority businesses of all sizes.
GNEMSDC is an affiliate of the National Minority Supplier Development Council. GNEMSDC is one of the 24 regional councils represented across the US territories. GNEMSDC serves the six (6) New England States, which are MA, CT, RI, ME, NH, and VT.
We deliver our services to certified minority businesses and corporate members through the core value, which is Certify, Develop, Connect, and Advocate.
Certify – Certify minority businesses on behalf of the corporate members
Develop- Support the development of world-class corporate supplier diversity programs and high-performance MBEs
Connect- We do best by connecting corporate member and certified minority businesses through GNEMSDC signature and networking events
Advocate- We advocate on behalf of the minority business community and corporations in bringing supplier diversity to the next level.
Learn more about Greater NE Minority Supplier Dev. Council
If you are a woman- or minority-owned business looking for up to a 30 percent guarantee of principal on loans under $50,000.
The Community Economic Development Fund (CEDF) was created in 1994 to revitalize Connecticut's distressed neighborhoods by providing greater access to capital, technical assistance to small businesses and support for community economic development. Since then CEDF has provided millions of dollars in loans to small businesses, created and retained hundreds of jobs for the state's residents, and funded numerous community planning efforts. Joining forces with the state, leading lenders and representatives from low- and moderate-income communities, CEDF is bringing help for Connecticut's small businesses and neighborhoods.
The mission of CEDF is to strengthen neighborhood economies by providing flexible financial and technical support to small businesses, community organizations and initiatives in targeted communities and to low- and moderate-income individuals throughout Connecticut.
Learn more about Microloan Guarantee Program (CEDF/DECD)
If you are a small minority- or woman-owned business looking to apply for state contracts.
Of state contracts and projects, 6.25 percent are set aside and available for state-certified small minority businesses. This includes businesses owned by persons who are ethnic minorities, women or disabled.
Learn more about Minority & Small Business Supplier Diversity Program (DAS)
If you are a woman and/or minority business owner looking for a business loan you may be interested in this program.
CEDF offers a special loan guarantee in conjunction with the Department of Economic and Community Development (DECD) to help women and minority owned businesses obtain flexible financing. This program is for start up businesses as well as existing businesses looking to expand. CEDF provides the loan and the Department of Economic and Community Development provides up to a 30% guarantee. This guarantee is particularly helpful to start up businesses that need a greater degree of flexibility in obtaining a loan.<.p>
Learn more about Women and Minority Loan Guarantee Program
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