Cumberland County Community Development Department seeks qualified businesses to submit applications in response to the Small Business Resiliency Program (SBRP). The SBRP was established in response to the economic impacts experienced by small businesses as a result of Presidentially Declared Disasters.
Donor Name: Cumberland County Community Development Department
State: North Carolina
Towns: Eastover, Falcon, Godwin, Hope Mills, Spring Lake, Wade
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Size of the Grant: $1,000 t $ 10,000
Grant Duration: 1 year
Details:
Funding for the SBRP is made available by the U.S. Department of Housing and Urban Development (HUD) through the Community Development Block Grant (CDBG) Program and are administered by the Cumberland County Community Development Department. The goal is to provide financial assistance to small for-profit businesses with up to ten (10) employees (including the owner) at the time of application with up to $10,000 in grant funding.
Funding Information
Funds are available as grants with a minimum request of $1,000 and a maximum request of $10,000 pending continued compliance with HUD regulations throughout the one-year grant cycle. Grant amounts will be determined according to the level of assistance needed for the business.
Eligible Use of Funds
Funds may be used for the following:
- Working capital to meet payroll, pay rent and utilities or purchase inventory;
- Purchasing machinery and equipment (with or without installation costs);
- Professional Services including engineering, architectural, local permits or fees, business consulting services, but only as specifically approved by County staff; and
- Marketing materials and advertising including website development and servicing;
Geographic Service Area
Businesses must be operating within the Towns of Eastover, Falcon, Godwin, Hope Mills, Linden, Spring Lake, Stedman, Wade, and/or the unincorporated area of Cumberland County.
Eligible Applicants/Businesses
For-profit businesses operating within Cumberland County (outside the City of Fayetteville) employing up to ten (10) employees may apply.
Ineligible Applicants
Certain business types are ineligible to apply. This includes but not limited to:
- Businesses Exclusively Residential;
- Franchises;
- Hotels or Motels;
- Liquor Stores;
- Financial / Lending Institutions;
- Private Membership or Fraternal Organizations/Businesses;
- Adult Oriented Businesses;
- National / Regional Chain Businesses;
- Bars and Night Clubs;
- Vape Shops and Hemp Shops;
- Tattoo Parlors and Body Piercing Shops;
- Gambling Business; and
- Businesses owned in part or fully by Cumberland County staff, administration, or leadership.
For more information, visit Small Business Resiliency Grant Program.
