You may find a grant for your small business in Durham, NC.
Grants for for-profit small businesses is a popular topic of conversation amongst entrepreneurs. Although grants for small businesses are rare, they do exist. According to Grants.gov, "a federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States." You could re-purpose this definition to fit a city, state, or private organization.
The City of Durham offers three grant programs to for-profit businesses. NC IDEA, a non-profit that promotes innovation, offers grants for small businesses in high-tech fields.
City of Durham Facade Grant Program
The Facade Grant Program provides funding for improving the exterior of a commercial building. The business must have separate funding secured since this program provides matching funds of up to $1,900. Businesses located on Parrish Street are an exception. They can receive a match of up to $8,000. Applications are accepted on an ongoing basis. The contact for this program is Grace Dzidzienyo.
City of Durham Office of Economic and Workforce Development
302 East Pettigrew Street, Suite 190
(919) 560-4965
durhamnc.gov
City of Durham Merchandise-Based Incentive Program
The Merchandise-Based Incentive Program provides assistance for locally owned and operated, merchandise-based retail businesses to make real property improvements on the exterior and interior of their owned or leased properties. It matches current funding up to $7,500. Businesses located on Parrish Street can receive a match of up to $15,000. Applications are accepted on an ongoing basis. The contact for this program is Grace Dzidzienyo.
City of Durham Office of Economic and Workforce Development
302 East Pettigrew Street, Suite 190
(919) 560-4965
durhamnc.gov
City of Durham Training Grant
Established Durham-based employers can apply for to provide short-term training for employees. Funding of up to $25,000 is provided to grantees and is funded through the federal Workforce Investment Act. Applications are accepted in the spring and fall of each year. The contact for this program is Darrell Solomon.
City of Durham Office of Economic and Workforce Development
302 East Pettigrew Street, Suite 190
(919) 560-4965
durhamnc.gov
NC IDEA
NC IDEA (Innovative Development for Economic Advancement) is a grant-making organization based in Durham, North Carolina. They provide grants to North Carolina-based, start-up companies in the following areas: information technology, medical diagnostics and devices, material sciences and green technologies. Grants awarded range from $10,000-to-$50,000 and must make a significant impact on the grantee's progress. Applications are accepted in the spring and fall of each year. The contact for this program is Andrea Cook.
NC IDEA
4505 Emperor Blvd., Suite 130
Durham, NC 27703
(919) 941-5600
ncidea.org
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