Our Story.
Carolina Small Business Development Fund (CSBDF) is a 501(c)3 nonprofit guided by the belief that when small businesses succeed, everyone benefits. When we first opened our doors in 1990 as the North Carolina Minority Support Center, we were providing technical assistance to financial institutions and entrepreneurs, and in our first 20 years of service to our state, we administered millions of dollars in grants to help address the needs of unserved and underserved people and communities.
When the financial crisis of 2008 threatened Main Street firms across our state and nation, our leadership knew that we were in the position to not only double down on our work serving underserved communities, but to expand our services as well. We ushered in a new era for our work in 2011, when we made our first loan to a North Carolina small business, and eventually became a certified Community Development Financial Institution (CDFI) in 2013. In the wake of the COVID-19 pandemic’s economic aftershocks, we doubled down once again and expanded our services to ensure that our state’s small businesses could succeed, and the communities they serve would benefit.
Throughout our 32-year history, we have met entrepreneurs at the crossroads of hardship and opportunity—and we will continue to light the way forward for whatever comes next.
Our Vision
To create economic opportunity for all people.
Our Mission
To foster economic development in underserved communities by providing capital, technical assistance, and policy research to light the way for small businesses.
Our Staff & Board
The passion for quality and excellence our team brings is reflected in our service to small business owners and entrepreneurs.
A partner for
small business
in the Carolinas.
A trusted
business guide.
A small business advocate.
An accessible
funding resource.
MEET THE BOARD
Ted Archer
CSBDF Board Chair; Governance Committee; Executive Committee Chair
Global Head of Business Partner Diversity
JPMorgan Chase & Co.
Tiffany Hall McNeill
CSBDF Board Secretary; Policy & Research Committee Chair
Economic Development Director
Town of Fuquay-Varina
Frank Pollock
CSBDF Business Solutions Committee
President
TPG Consulting
Bobby Robinson
CSBDF Board Vice-Chair; Governance Chair; Business Solutions Committee
Member
Maynard Nexsen
Rodrick Banks
CSBDF Policy & Research Committee
Vice President and Community Relations Manager
Wells Fargo
Larry Garcia
CSBDF Credit Committee Chair; Business Solutions Committee
Chief Lending and Asset Management Officer
National Association for Latino Community Asset Builders (NALCAB)
Joseph L. Fox, Ed.D., M.B.A., PHR
CSBDF Business Solutions Committee
Principal
Fox Management Consulting Enterprises, LLC
Huntley Garriott
CSBDF Board Treasurer; Executive Committee; Finance Committee Chair
President and CEO
Live Oak Bank
Aaron Thomas
CSBDF Board Assistant Treasurer/Secretary; Finance Committee
President
Metcon, Inc.
Jeff Marshall
CSBDF Business Solutions Committee
Senior Vice President, Commercial Banking Officer
TowneBank
Pilar Rocha-Goldberg
CSBDF Business Solutions Committee
President and CEO
El Centro Hispano, Inc.
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Stephen Dille
CSBDF Finance Committee
Vice President of Finance and Administration
The Carolina Center for Medical Excellence
Merrill Flood
CSBDF Business Solutions Committee
Director, Millennial Campus Planning & Local Community Affairs
East Carolina University
Leslie Person
CSBDF Business Solutions Committee Chair
Senior Vice President
Pinnacle Financial Partners
Brian Hedges
CSBDF Credit Committee
Executive Vice President and CCO
North State Bank
Sedrick McCallum
CSBDF Credit Committee
Senior Vice President and Community Development Officer
SouthState Bank
Raymond Chinn
CSBDF Finance Committee; Governance Committee
Managing Director and Senior Vice President
Bank of America