Gov. Dannel P. Malloy announced Friday five Connecticut small businesses in Norwalk, Stamford, Sterling, Suffield and West Hartford are receiving assistance through the state’s Small Business Express Program (EXP).
The businesses are:
• TrueNorth Capital Partners, a financial advisory firm in Norwalk specializing in mergers and acquisitions and restructuring, is upgrading its office equipment and relocating to a new space in town. TrueNorth is receiving a grant of $27,500, matching the company’s own funds. The company will retain six jobs.
• Relevance Partners LLC of Stamford serves the retail industry with marketing, analysis, planning, execution, and reporting information, to deliver targeted advertising and promotional content to shoppers. Relevance is receiving a grant of $50,000, matching the company’s funds, to invest in an upgrade of their flagship “Relevance Suite” software program. The company is retaining four jobs.
• Angler Industries Inc., a manufacturer of industrial lubricants and cleaners in Sterling, is investing company funds of $543,752 to expand their laboratory, office space, and warehouse, enabling the company to increase production to meet growing sales. The company has been awarded a $100,000 matching grant. Angler will retain 10 positions and create two new jobs.
• Suffield Village Dental is investing $25,238 and is receiving a grant matching that investment. Located in Suffield, the company performs general and cosmetic dentistry services, and the funds will be used to upgrade its equipment and perform leasehold improvements. It will hire one new position.
• Universal Connectivity Inc., a telecommunications services and solutions provider in West Hartford, is receiving a $100,000 loan for computer software and equipment and working capital, to develop, market, and launch the company’s wireless internet service initiative. It will retain three jobs.
