If you are a local small business located in Surry County with under 50 employees, you can apply for a grant for up to $2,500.
Donor Name: Surry County Economic Development Foundation
State: North Carolina
County: Surry
Type of Grant: Grant
Deadline (mm/dd/yyyy): 12/30/2021
Size of the Grant: $500 to $2,500
Details:
The Duke Energy Foundation has partnered with the Surry County Economic Development Foundation to provide these grants to local small businesses to help relieve some of the financial stress caused by the COVD 19 Pandemic.
The objective of this program is to offer immediate financial assistance to small businesses in Surry County to aid in maintaining their business and workforce. Only businesses headquartered (physically located) in Surry County are eligible for consideration. Recognizing that small businesses are the backbone of community, the Surry County Economic Development Foundation applied and was awarded a Duke Energy “Hometown Revitalization Grant”. This grant will provide an opportunity to financially assist small business owners with grants that do not have to be repaid.
The goal is to provide short-term capital, and assist local businesses to continue operations and remain strong in the long-term. The source of the funding is from the Duke Energy “Hometown Revitalization Grant”.
Program Specifications
- Small business support awards may range from $500 to $2,500 to each individual small business.
- Small business support awards are awarded through a fair and competitive process where small businesses in the region outlined in your application are given an equal opportunity to apply. Awards may not be made on a ‘first come, first served’ basis.
- Small business support awards will focus on businesses with less than 50 employees.
- Small business support awards are intended to help small businesses recover or “pivot” as a result of the COVID-19 pandemic.
- A pivot may include adding enhanced service or commerce opportunities for the business to adjust to the effects of the crises, such as modifying physical space, improving an e-commerce site for online sales, or expanding capacity for delivering goods and services.
- Some expenditures may include furniture for expanded outdoor dining, materials for construction of takeout windows, accessibility compliance for additional outdoor seating, additional fixtures required for compliance with public health issues, and building of e-commerce platforms, as well as other equipment or tools needed for creative adaptation and pivoting of businesses.
- Payroll, rent and utilities are excluded.
- The small business support awards may be used to reimburse small businesses for expenses already incurred.
- Small business support awards may also support storefront beautification projects, but COVID 19 recovery projects will be prioritized.
For more information, visit Surry County Economic Development Foundation.
