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Catalyst Micro-Grant for Startups and Emerging Businesses in North Carolina

Mountain BizWorks in North Carolina is offering 20 micro-grants of $2,500 each to startups and emerging businesses owned by historically underrepresented groups, aiming to support their growth and contribution to the local community.

$2,500
Closed
Grant Description

The Mountain BizWorks is thrilled to announce the micro-grant funding. Donor Name: Mountain BizWorks State: North Carolina County: Selected Counties Type of Grant: Grant Deadline: 10/11/2024 Size of the Grant: $1000 to $10,000 Grant Duration: Grant Duration Not Mentioned Details: These funds are dedicated to fueling the aspirations of creators, small business owners, and aspiring entrepreneurs, especially those who have faced challenges in realizing their dreams. These grants are designed to infuse your business with the capital it needs to start, grow, and break through barriers. They believe in the power of new beginnings and are committed to supporting the entrepreneurial spirit that drives community forward. The Catalyst Micro-Grants are designed to be an investment into small businesses owned by historically underestimated entrepreneurs across WNC. Every person, no matter where they are from, deserves the chance to get ahead. That means they need to make it easier – not harder – for small businesses to succeed, and especially those led by people of color and immigrants. Funding Information In this round, they are offering 20 grants, each amounting to $2,500, to startups and emerging businesses owned by people of color across Western North Carolina. Eligibility Criteria To be eligible, an applicant must meet the following requirements: Business Ownership: The business should be at least 50% owned by individuals from historically underrepresented groups in business. Business Location and Operation: The business must be a for-profit entity, located within Western North Carolina. They are looking to support businesses that contribute to the local economy and community. Business Stage and Revenue: They welcome applications from a wide spectrum of business stages – from those in the ideation phase to early-stage startups, as well as existing businesses. To qualify, your business should have annual gross revenues of less than $150,000. Local Impact: Your business should be independently owned and operated.  Applicants should be able to demonstrate both the need for funding and how the grant will catalyze their growth and community contribution. For more information, visit Mountain BizWorks. Related Posts:TRANSFORM Business Grant to support EntrepreneursFemale Founder World Grant for Small BusinessesApply now for Heinz Black Kitchen Initiative2025 Food Waste Reduction Grant (North Carolina)Apply now for ALBA/Puffin Human Rights Award 2025The Neal Peirce Foundation Journalism Travel Grant ProgramEPA: Consumer Recycling Education and Outreach Grant ProgramDOE-EM Minority Serving Institutions Partnership ProgramApply now for the Chapman Prize 2024ONDCP: Emergency Department Substance Use…USDA/NIFA: Community Food Projects Competitive Grant ProgramApplications open for SCIP Fellowship 2025Applications open for Artist Support Grant Program…Judicial Tools to Combat Impaired DrivingHumanities Research Centers on Artificial IntelligenceCommunity-Wide Assessment Grants for States and TribesDigital Humanities Advancement Grants 2025EPA Community-Wide Assessment Grants 2025EPA: Brownfield Assessment Grants 2025Brownfield Revolving Loan Fund Grants 2025Tribal Undergraduate to Graduate Research Training…

Funding Details

Award Range

Not specified - $2,500

Total Program Funding

Not specified

Number of Awards

20

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses

Additional Requirements

To be eligible, an applicant must meet the following requirements: Business Ownership: The business should be at least 50% owned by individuals from historically underrepresented groups in business. Business Location and Operation: The business must be a for-profit entity, located within Western North Carolina. We are looking to support businesses that contribute to the local economy and community. Business Stage and Revenue: We welcome applications from a wide spectrum of business stages – from those in the ideation phase to early-stage startups, as well as existing businesses. To qualify, your business should have annual gross revenues of less than $150,000. Local Impact: Your business should be independently owned and operated. Applicants should be able to demonstrate both the need for funding and how the grant will catalyze their growth and community contribution.

Geographic Eligibility

Western North Carolina

Key Dates

Application Opens

September 19, 2024

Application Closes

October 11, 2024

Contact Information

Grantor

Tiarra Wilkie

Phone

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Categories
Business and Commerce
Food and Nutrition
Education
Diversity Equity and Inclusion
Disaster Prevention and Relief