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Business & Tech

New Morning Market Receives State Funding for New Facility

The $250,000 loan and $100,000 matching grant will help retain 41 jobs and add 14 new jobs.

 

The Connecticut Department of Economic and Community Development (DECD) has announced that New Morning Market of would receive a state loan and matching grant to help finance , Friday, May 25.

According to an article by the Hartford Business Journal, New Morning Country Store LLC will receive a $250,000 job creation incentive loan and a $100,000 matching grant. The funding will be combined with a $207,500 investment by the company for building improvements, computers and equipment for the new facility.

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Also, New Morning will retain 41 jobs and add 14 new jobs in Woodbury, the article said.

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