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New state program offers bonding cash

January 23, 2015 11:00 pm • Last Updated: January 23, 2015 11:04 pm

BondSure, a program that provides cash collateral for construction bonds involving state and municipal projects to minority and women contractors, provides up to $100,000 to businesses in Fairfield, New Haven, Middlesex and New London counties.

BondSure is funded by the state Department of Economic and Community Development and is co-managed by the Greater New England Minority Supplier Diversity Council and Community Capital Fund. It recently held an event in Bridgeport to thank state and municipal leaders for the program's creation. The networking event also provided information about the program and future activities.

For additional information about BondSure, visit www.bondsure.org.

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