LATEST
NEWS

RALEIGH, N.C. – June 5, 2026 – Carolina Small Business Development Fund (CSBDF) has received a $300,000 grant from Wells Fargo to support the advancement of the organization's statewide technical assistance programs and municipal partnerships. “We are grateful to Wells Fargo for their generous support of CSBDF and belief in our mission to light the way for North Carolina’s entrepreneurs,” said CSBDF President & CEO Kevin Dick. “We have had a productive long-stemming relations

This report documents CSBDF’s partnership with the City of Durham to support small businesses recovering from the economic impacts of the COVID‑19 pandemic. While CDFIs are widely recognized for delivering emergency capital to small firms during times of crisis, this report highlights how CDFIs can also serve as effective local partners—providing technical assistance, small grants, and access to capital that help entrepreneurs stabilize and grow. By sharing our approach and o