Client: Black Business Alliance
Grant Amount: $2,700,000
Project: Capital Readiness Program
Sector: Minority Business Support
Divine Writing & Consulting Solutions (DWCS) successfully secured a $2.7 million grant from the Department of Economic Community Development (DECD) to implement a capital readiness program tailored for minority small businesses across Connecticut. This initiative was designed to provide comprehensive support, including financial literacy, business planning, and access to capital resources, aimed at fostering the growth and sustainability of minority-owned enterprises.
$2.7 million grant from the Department of Economic Community Development (DECD)
$2.7 million grant from the Department of Economic Community Development (DECD)
The Approach
Understanding the unique challenges faced by minority entrepreneurs was key. We conducted thorough research and needs assessments to craft a strategy that resonated with DECD’s goals of economic inclusion and sustainability. Our compelling proposal emphasized the high-impact outcomes the program could achieve.
By aligning our strategy with DECD’s goals, we developed a proposal that stood out.
The Outcome
The secured funding enabled the successful launch of the program, providing critical support to numerous minority-owned businesses. The program’s success is demonstrated by the increased access to capital and business growth experienced by participating enterprises, contributing to the broader economic development goals of Connecticut.
Success by the Numbers
