Hedco Inc.
Hartford, CT Doing business as Hartford Economic Development
- UEI
- C686SADPJUE5
- CAGE
- 5EG31
- Primary NAICS
- 522291 Consumer Lending
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- Other NAICS codes in SAM.gov
- SAM.gov registration date
- Physical address
- 207 Main St Fl 4, Hartford, CT 06106, USA
- Website
- hedcoinc.com
- Founded
- 1975
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Diversified Financial Services
- Financial Services
- SIC code
- 61 Nondepository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Hedco Inc., doing business as Hartford Economic Development, is a non-profit community development corporation based in Hartford, Connecticut, registered as a tax-exempt corporate entity with the federal government since April 2009. The organization serves as a Community Development Financial Institution (CDFI) dedicated to fostering economic growth and entrepreneurship in underserved communities by providing financial services and business support to small business owners, particularly those from disadvantaged backgrounds. Through federal grant awards, Hedco delivers microloans, technical assistance, and business training to start-up, newly established, and growing small businesses that face barriers to accessing traditional credit.
Hedco's federal grant award history demonstrates a consistent focus on microloan facilitation and small business support services spanning from 2021 through 2026. The organization has received multiple awards under the Small Business Administration's Microloan Program (CFDA 59.046) administered through the Office of Capital Access, including project grants totaling $138,489 (July 2025-June 2026), $134,829 (July 2024-June 2025), and $102,414 (July 2021-June 2022), in addition to unspecified awards in 2023 and 2022. Through these SBA awards, Hedco provides microloans up to $50,000 for working capital, inventory, supplies, equipment, and machinery, alongside comprehensive marketing, management, and technical assistance services to prospective borrowers and microloan recipients. Additionally, Hedco received a substantial $262,530 project grant from the SBA's Office of Capital Access in 2022-2023 specifically for technical assistance services to small businesses. Most notably, Hedco was awarded $1,826,265 from the Department of the Treasury's Community Development Financial Institutions Fund under the CDFI Rapid Response Program (June 2021-May 2024) to support economic response and recovery efforts related to the coronavirus pandemic, enabling the organization to deliver flexible financial products and services to strengthen local communities and businesses during periods of economic distress.
Quick answers
Is Hedco Inc. registered in SAM.gov?
Yes. Hedco Inc.'s SAM.gov registration is active through July 7, 2027.
What is Hedco Inc.'s most recent federal award?
Hedco Inc.'s most recent federal grant award is Hedco INC - CT to assist all entrepreneurs business owners and other individuals possessing the capability to operate… (SBAHQ25Y0087), from Office of the Chief Operating Officer, on July 1, 2025.
On GovTribe
See Hedco Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors