Funding for Programs Assisting Small Businesses and Entrepreneurs in North Carolina (USA)
GrantID: 75194
Grant Funding Amount Low: $10,000
Deadline: Ongoing
Grant Amount High: $10,000
Summary
This grant is targeted toward small, for‑profit businesses operating in North Carolina. The grant is not open to nonprofits—only businesses. To qualify, a business must typically have annual revenues below a set threshold (for example, no more than $750,000) and be relatively young (under ten years in operation). The workforce size is also capped (for instance, 25 or fewer employees).
The purpose of the funds is to help a small business scale, invest in growth, or strengthen operations. Awards are often “one‑time” grants intended to remove barriers—like upgrading equipment, marketing, expanding premises, or hiring staff—that otherwise slow momentum. The awards are competitive and limited: in one recent round, $10,000 was granted to one business in each market. Prior recipients are generally excluded from reapplying.
Applications open and close during a defined window (for example, August 1 through August 31 in one market). The selection emphasizes local impact, business potential, and alignment with community development goals. In short, this is a place‑based small business grant intended to uplift entrepreneurs in specific counties served by a bank, giving them a boost without long‑term strings attached.
Eligible applicants in North Carolina with a demonstrated commitment to Community Development & Services are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.
Eligible Regions
Interests
Eligible Requirements
