FAQ

Frequently Asked Questions

Where do I go to apply?

People who are interested in getting financial assistance from HEDCO can apply by visiting our “current funding opportunities” page on our website. There, you can find information about the different programs and opportunities that HEDCO offers, such as loans, grants, and funds. You can also access our inquiry form if you need further assistance. 

Do you help businesses that have been around for a while?

Yes, we do help businesses that have been around for a while. No matter what stage your business is in, we can help you improve, achieve, and succeed.

How many times can I reapply?
There is no limit on how many times you can reapply for the grants and loans offered by HEDCO, as long as you meet the eligibility criteria and follow the application process. However, you should be aware that each program has its own deadlines, requirements, and selection criteria, and that the availability of funds may vary depending on the demand and the budget.
What are my next steps after applying?
After you apply for a grant or a loan from HEDCO, you can expect the following next steps:

  • You will receive a confirmation email from HEDCO that your application has been received and is being processed.
  • You will be contacted by a HEDCO staff member to discuss your application and answer any questions you may have.
  • You will be notified by email or phone if your application has been approved, denied, or needs more information.
  • If your application is approved, you will receive a loan or grant agreement that outlines the terms and conditions of your funding. You will need to sign and return the agreement to HEDCO within the specified time frame.
How can I make a payment?

Through our website!

Go to www.hedcoinc.com
Click on Client Login
User ID is your Loan Account number (including hyphen).

If you don’t know your pin, please contact us.

Who do I talk with to get a loan / grant?
If you are interested in getting a loan or a grant from HEDCO, you can start by filling out our inquiry form on our website Contact Us – HEDCO Inc. CT’s Small Business Edge. This form will help us understand your business needs and goals, and connect you to the right program and resources. After you submit the form, one of our staff members will contact you within two business days to discuss your options and next steps. If you have an urgent question or need, you can also call us at 860-527-1301 and we’ll be glad to help. We look forward to hearing from you and supporting your small business.
Do you help start up businesses?
Yes, we do help start-up businesses.
How many grants / loans can I apply for at once?
You can apply for as many grants and loans as you are eligible for, but you must submit the required documents for each application individually.
How long do I have to wait to receive a response?
The response time for your application may vary depending on the program, the volume of applications, and the availability of funds.

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