Small Business Pivot Grant
The Town of Groton Small Business Pivot Grant Program is a strategic initiative aimed at empowering local small businesses to adapt and flourish in the face of evolving market demands, particularly in response to the challenges posed by the coronavirus pandemic. The Grant Program is designed to support essential investments, enabling businesses to enhance their operations, revamp their strategies, and effectively navigate the ever-changing business landscape.
The program is funded through the American Rescue Plan Act (“ARPA”) and provides limited, one-time direct financial reimbursements to businesses of up to $5,000 for eligible expenses, and up to $1,500 for aesthetic improvements as an eligible expense. By providing this financial support, the Town of Groton aims to foster a resilient local business community, stimulating economic growth and fostering a vibrant entrepreneurial ecosystem.
Please visit www.greatergroton.com/pivot for more details and to apply for a grant.
Corinne Piazza
134 Groton Long Point Road
Groton, Connecticut 06340
Category: Financing
More Financing
Small businesses and nonprofits can borrow between $5,000 and $500,000 depending on eligibility and need, and can choose how they spend the money — on equipment, payroll, utilities & rent, supplies, marketing & advertising, eligible refinancing, building renovations, and other expenses.