The Economic Justice Fund (EJF) was initially launched in the summer of 2020 with a commitment to give $600,000 to families in the Newhallville and Dixwell neighborhoods for basic needs. This expanded coverage is targeted for established Black-owned businesses that have been in operation for at least 24 months in New Haven. The goal of the fund is to create a cadre of Black businesses that are economically resilient to withstand economic recessions as well as being wealth and wage generators for their owners, employees, and the community at large.
ConnCORP will be working with trusted business and community partners to solicit referrals to established Black-owned businesses. After a short application process, the 10 businesses accepted in the first round of grant funding will receive up to $10,000 depending on assessed need.
Second round of applications: TBA
Follow the journey of Economic Justice Fund Recipient Tea Montgomery, the founder and owner of Threads By Tea
In addition to financial capital, the fund will provide CTNext sponsored technical assistance of up to $15,000 in the form of identified consultants in areas such as marketing, financial/accounting, new product development, legal, web design, and communications and public relations.
If you'd like to be a vendor or provide business consulting services to the companies selected to receive funding through the EJF, apply below.
We're looking for content experts who can support a network of Black-owned businesses through their various growth stages. Applicants will be accepted on a rolling business, Service providers selected will be added to a statewide business directory. All businesses welcomed to apply, Black-owned businesses highly-preferred.