ProgramFinder: Economic Development Assistance

Economic Development Assistance - HEDCo

▪ E-MAIL THIS ▪ PRINT THIS

Agency: Hartford Economic Development Corporation (HEDCo)

Program Description:
HEDCO acts as a one-stop assistance center for businesses in Hartford, businesses that wish to locate in Hartford or woman-owned or minority-owned or startup businesses in those towns physically contiguous to Hartford. HEDCO provides technical assistance, loan packaging, regulatory assistance, locational assistance and problem solving services.

HEDCO personnel are familiar with city and state regulations and have a general in-depth knowledge of the available real estate within the City of Hartford. HEDCO also provides information upon request on the necessary state agencies needed to contact for applicable registration, regulatory of licensing requirements to establish a new business.

Economic development assistance is provided free of charge to City of Hartford businesses.

The program includes:

Consulting services
Problem solving, i.e., expansion licensing or zoning
Relocation to the City of Hartford
HEDCO is a certified development financial institution (CDFI)

HEDCO also administers the following loan funds:

Merchants Revolving Loan Fund (MRLF) (Available in four neighborhoods of the City of Hartford - Franklin Avenue, Park Street, Albany Avenue, Enterprise Zone)
Neighborhood Economic Development Fund (NEDF)
Nuisance Abatement Fund
Umbrella Revolving Loan Fund
West End Revolving Loan Fund
New Alliance Bank - Loan Fund (West End and Parkville)
SAMA Frog Hollow/Parkville Revolving Loan Fund

HEDCO's hours are 8:00am to 5:00pm Monday through Friday.

Program Region: Hartford

Program Contact(s):
Samuel C. Hamilton, Executive Director
15 Lewis Street, Room 204
Hartford, CT 06103
Phone: (860) 527-1301
hedco@snet.net
hedco-ghbdc.com

Fernando G. Rosa, Deputy Director
15 Lewis Street, Room 204
Hartford, CT 06103
Phone: (860) 527-1301
Fax: (860) 727-9224
fernando.g.rosa@hedco-ct.com

For More Programs on Minority Resources, Counseling Service/Workshops:

Other Programs Available From This Agency:
There are no other programs for this agency.

Agency Profile

Agency: Hartford Economic Development Corporation (HEDCo)

Mission: HEDCo and the Greater Hartford Business Development Center, Inc (GHBDC) work in tandem to stimulate economic development in the Hartford metropolitan area by collaborating with concerned public and private organizations to help start, finance, retain and recruit small businesses within the region's core city, Hartford, and its 57 surrounding cities and towns.

Contact Information:
15 Lewis Street
Hartford, CT 06103
Phone: (860) 527-1301
hedco@snet.net
hedco-ghbdc.com

_{Copyright 2009, The Connecticut Economic Resource Center, Inc., all rights reserved. This material is the property of CERC and is updated twice annually. No permission is granted hereby to reprint or otherwise use this material. Please call 1-800-392-2122 to obtain such permission. This site is provided by CERC pursuant to its Terms of Use.}