Connecticut Small Businesses: Five Fast Facts

March 14, 2024

Delaney Sexton
Contributing Editor

Connecticut Small Businesses: Five Fast Facts

Almost 16,000 new small businesses were opened from March 2021 to March 2022.
Connecticut small businesses added a net increase of 54,373 new jobs during that same period.
New lending through loans of $1 million or less was $4.5 billion.
$1.2 billion in loans went to Connecticut businesses with revenues of $1 million or less.
Small business exports reached $6.2 billion in 2021.