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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.


Since opening in 1990, 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.

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Our Staff & Board

 The passion for quality and excellence our team brings is reflected in our service to small business owners and entrepreneurs.

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A partner for 
small business 
in the Carolinas.

A trusted
business guide.

A small business advocate.

An accessible
funding resource.



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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

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Frank Pollock

CSBDF Business Solutions Committee


TPG Consulting


Bobby Robinson

CSBDF Board Vice-Chair; Governance Chair


Maynard Nexsen


Rodrick Banks

CSBDF Policy & Research Committee

Vice President and Community Relations Manager

Wells Fargo

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Larry Garcia

CSBDF Credit Committee Chair; Business Solutions Committee

Retired from National Association for Latino Community Asset Builders (NALCAB) 


Joseph L. Fox, Ed.D., M.B.A., PHR

CSBDF Business Solutions Committee Chair, Policy Research Committee


Fox Management Consulting Enterprises, LLC


Huntley Garriott

CSBDF Board Treasurer; Executive Committee; Finance Committee Chair

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Jeff Marshall

CSBDF Business Solutions Committee

Senior Vice President, Commercial Banking Officer


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Pilar Rocha-Goldberg

CSBDF Governance 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

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Merrill Flood

CSBDF Policy & Research Committee

Director, Millennial Campus Planning & Local Community Affairs

East Carolina University


Leslie Person

CSBDF Business Solutions Committee

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

Managing Director and Senior Vice President

Bank of America


Robyn Lake Hamilton

CSBDF Policy & Research Committee

President and CEO

Urban League of Central Carolinas

Interested in becoming a CSBDF Referral Partner?

By connecting with us, you can enjoy a multitude of benefits:

  • Refer small businesses in need of funding

  • Get referrals in return for your institution's services and products

  • Boost your credibility and get more visibility in the process

Don't miss out on this chance to grow and thrive together!

Email Melissa Terrell at for more info!

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