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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

Off Capital Boulevard in Raleigh, Headquarters Barbershop has been providing personal, professional service to dedicated clients for more than a decade.   Owner Jimmy Evans, who has 30 years of experience in the industry, opened the shop in 2013 with the intentional purpose of building a community with his clients.  “I’ve been a barber since 1995. I started my first barbershop back in 1999,” says Evans. “In 2013, I decided to concentrate more on my clients and make it a more

For 30 years, Francis Holmes has been honing his skills and perfecting his craft in the dental laboratory field. Leaning on his wide...

Introduction Hurricane Helene delivered a devastating blow to Western North Carolina’s entrepreneurial ecosystem, upending businesses,...

In the heart of Durham, Alexis and Leu Freycinet are bringing their more than 30 years of experience as stylists to Steelo Salon, focused...

RALEIGH, N.C. – JUNE 5, 2025  – Spectrum and Carolina Small Business Development Fund (CSBDF) today announced a $1.5 million capital...

Photos by HuthPhoto LLC Just 10 minutes down the road from Fort Bragg in Fayetteville, a veteran-owned makers space is looking to bring...

Following Hurricane Helene, the CSBDF research team conducted a survey of almost 140 WNC entrepreneurs that received services from its...

Photos provided by Kelli Ray In Haywood County, North Carolina, Smoky Mountain Cremations and Funeral Services has been offering...

Introduction Following Hurricane Helene, the CSBDF research team conducted a survey of almost 140 WNC entrepreneurs that received...

Introduction This post is the third in a series based upon the results of a survey of WNC entrepreneurs conducted following Hurricane...

Introduction Hurricane Helene’s impact on small businesses in Western North Carolina (WNC) was widespread and profound. As a result of...

Introduction   On September 27, 2024, Hurricane Helene struck Western North Carolina (WNC), causing extensive flooding, mudslides, and...

Photos by ©RED ANGLE PHOTOGRAPHY. At Haywood Famous, Eva Rodriguez-Cué is bringing a different kind of hangout to the nightlife scene in...

In the rolling foothills of the Blue Ridge Mountains, Kristy and Eric Freitag are chasing their passion and turning a beautiful piece of...

Introduction On September 27, 2024, Hurricane Helene struck Western North Carolina (WNC), causing extensive flooding, mudslides, and...

GREENSBORO, NC ,   Oct. 28, 2024   – Pinnacle Financial Partners has announced a $2 million investment in the Carolina Small Business...

RALEIGH —  Carolina Small Business Development Fund (CSBDF) recently received a $500,000 Equity Equivalent investment and $50,000 grant...

In Downtown Raleigh, Mary McKinney is helping children express their vibrant creativity at her art studio, Hello Yellow, Raleigh’s first...

The Uncertain Road to Recovery Overview Since 2019, each year CSBDF has released an analysis of the economic impacts of its small...