Governor Stein Announces small business grant program
Governor Josh Stein.
File photo
On Jan. 31, North Carolina Gov. Josh Stein, alongside Dogwood Health Trust, unveiled a $30 million grant program to aid small businesses in Western North Carolina impacted by Hurricane Helene.
Businesses with annual revenue up to $2.5 million can apply for grants of up to $50,000 through the Western North Carolina Small Business Initiative.
“Small businesses are the backbone of this region, and these grants will help them through the slow winter months,” Stein said.
Dogwood Health Trust President Dr. Susan Mims emphasized the program’s role in long-term recovery and encouraged philanthropic support.
Stein also announced $6 million in state funding for housing repairs, with $3 million each going to Baptists on Mission and Habitat for Humanity NC to help rebuild homes.
The hurricane caused $13 billion in business losses, and officials say these grants will help stabilize local economies. Applications will be managed by Appalachian Community Capital, with eligibility extending to businesses in 28 counties and the Eastern Band of Cherokee Indians.
Eligible businesses can apply through Feb. 21 by visiting appalachiancommunitycapitalcdfi.org/wnscb-grant.
