Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
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C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S<br />
Economic Infrastructure Program<br />
The N.C. Rural Economic Development Center announces $5.5 million in grants to create jobs, provide clean<br />
water and assist with economic development in rural counties. The 36 grants will create 660 jobs and assist<br />
projects benefiting more than 32 counties. (4/25/13)<br />
Economic Infrastructure Program supports rural infrastructure projects associated with an expanding business or<br />
a new business location. Grant awards vary according to the type of project. Generally, <strong>for</strong> water and sewer,<br />
natural gas and broadband, grants are available <strong>for</strong> up to $10,000 <strong>for</strong> each job created, with a maximum grant<br />
of $1 million or one-half the total project cost, whichever is less. Other grants are limited to $5,000 per job,<br />
with a maximum of $500,000 or one-half the total project cost.<br />
Applications are available at www.ncruralcenter.org (See the Find It Fast menu on the right, and click on “Grant<br />
Application and Reporting Forms.”) For other inquiries, contact George T. Collier at (919) 250-4314 or<br />
gcollier@ncruralcenter.org.<br />
Building Reuse and Restoration Grants<br />
Building Reuse and Restoration Grant spurs business activity and job creation by maximizing the economic<br />
potential of existing structures. Grants assist communities with the reuse of vacant buildings and with the<br />
expansion and renovation of buildings occupied by certain types of business.<br />
$5,000 or $10,000 per job is available depending on type of use and location. The maximum <strong>for</strong> any grant is<br />
$480,000 or one-half the renovation cost, whichever is less.<br />
Applications are available at www.ncruralcenter.org (See the Find It Fast menu on the right and click on “Grant<br />
Application and Reporting Forms.”) For other inquiries, contact Melody Adams at (919) 250-4314 or<br />
madams@ncruralcenter.org.<br />
Rural Hope (Rural Health Care Initiative)<br />
Rural Hope spurs economic activity and job creation by assisting in the construction and/or renovation of rural<br />
health care facilities. Rural Hope grants help local governments, in partnership with private or nonprofit health<br />
care agencies, build or renovate health care facilities. These facilities may include – but are not limited to –<br />
hospitals, urgent care centers, hospice centers, elder care facilities and offices <strong>for</strong> physicians, dentists, vision<br />
care specialists and mental health care providers<br />
Applications are available at www.ncruralcenter.org (See the Find It Fast menu on the right and click on “Grant<br />
Application and Reporting Forms.”) For other inquiries, contact Melody Adams at (919) 250-4314 or<br />
madams@ncruralcenter.org.<br />
Rural Community Mobilization Project<br />
Rural Community Mobilization Project helps laid-off rural workers and other adults facing unemployment or<br />
underemployment return to full-time jobs. Grants encourage rural organizations to collaborate on work<strong>for</strong>ce<br />
development strategies that connect job seekers to jobs. Successful applications will present a demand-driven<br />
work<strong>for</strong>ce development project with the involvement of employers to ensure that participants can find jobs after<br />
receiving training and other services. Successful applications will also demonstrate new or expanded<br />
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