Small businesses in western North Carolina impacted by Hurricane Helene can now apply for grants under a new $30 million partnership, Gov. Josh Stein announced Friday.
Grants of up to $50,000 will be available for businesses who make up to $2.5 million annually. The program is a joint effort between the state and Dogwood Health Trust, an Asheville-based nonprofit.
Businesses can apply via the online portal here. Applications are open until Feb. 21.
Grants can be used to cover expenses including repairs and replacements, environmental cleanup, rents or mortgages, employee retention and hiring, and more.
“Small businesses are the heart of western North Carolina and need our support to get through these slow winter months,” Stein said in a news release. “The Western North Carolina Small Business grant program will help small businesses with their urgent needs and support the region’s economic recovery. I am proud these state dollars are leveraging additional Dogwood Trust dollars, and I am grateful to Dogwood for its leadership.”
The state is also awarding two groups with grants to fund housing repairs. Habitat for Humanity NC and Baptists on Mission will both receive $3 million.
Stein’s top lieutenants for hurricane recovery warned earlier this week that federal money for housing could be delayed for months — possibly into the fall. The state may have to take “creative solutions” to build housing in the meantime, one said.
Funds for the small business grant program will be managed by Appalachian Community Capital, a Virginia-based loan agency, in partnership with the Community Reinvestment Fund.
Read More Details
Finally We wish PressBee provided you with enough information of ( Western NC small businesses can now apply for new $30M grant program )
Also on site :
- ‘Up close and personal’ – Taylor Swift and Travis Kelce share intimate date night as onlooker gives insight into romance
- Bianca Censori Makes Major Career Move After Dropping Jaws With See-Through Outfit
- Exactly How Many Times a Week To Walk To Improve Your Heart Health, According to Cardiologists