Gov. Dannel P. Malloy visited three small companies around the state Monday to draw attention to his request to the legislature for $100 million to continue the Small Business Express program.
The average company that has received state support in the program has nine employees.
The Small Business Express program has given and lent more than $80 million to 598 companies. The Department of Economic and Community Development is approving about 50 companies a month.
Business owners are not required to add employees in exchange for grants or loans. But of those who do intend to expand staff, they said they planned to add approximately 2,100 employees.
The state issues bonds to cover the cost of the grants and loans.