The Micro-Enterprise Assistance program was established to provide entrepreneurs with training, technical assistance, and start-up capital needed to create and sustain viable and productive small businesses in Fairfield. The program seeks to strengthen and enhance these small businesses, with the ultimate goal of increasing employment opportunities for low- and moderate-income persons. Funds are limited and applications are processed on a first-come, first-served basis.
To be eligible for this program, applicants must be a new or existing commercial enterprise that employs five or fewer employees, at least one of whom owns the enterprise. The enterprise must have its principal business operation in Fairfield, and must be organized as a sole proprietorship, partnership, corporation, or other recognized form of business. The individual applicant and business enterprise must be current on all federal, state and local tax obligations. Applicants should note that HUD income guidelines (listed below) apply. Applicants need not be low- or moderate-income persons themselves, but then must satisfactorily demonstrate that assistance will result in expanded employment for low- and moderate-income persons.
|2015 HUD FY Income Limits Summary (Micro-Enterprise Assistance Program)
For further information or to request an application packet, please contact the Office of Community & Economic Development at 203-256-3120.