top of page
DSC_8397_edited.jpg

PROMOTING ECONOMIC DEVELOPMENT

Carolina Small Business supports development by providing access to affordable capital, offering training and guidance to entrepreneurs, and through research demonstrating how small firms are the cornerstone of regional economic growth.

THE NUMBERS.

Almost 85 percent of employer businesses in North Carolina have fewer than 20 employees, accounting for 23 percent of all employment within the state.

CSBDF_Impact-Icons_Employees.png

CSBDF has provided more than $120 million in aid across more than 3,100 loans and grants, helping to create or retain more than 5,300 jobs.

CSBDF_Impact-Icons_Funding-Loans.png

We know this work is vital because our research shows, empirically and objectively, the importance of small businesses.

​

CSBDF_Impact-Icons_Business-Services.png

WHAT THAT MEANS FOR NC.

Small “Main Street” businesses—shops, restaurants, service providers, and others—are the economic engines of healthy communities.

CSBDF_Impact-Icons_Main-Street.png

They create entrepreneurial networks, improve local quality of life, and revitalize distressed communities.

​

CSBDF_Impact-Icons_Supply-Chains.png

Neighborhoods with robust small firm ecosystems create a business environment that is desired and sought out by larger companies.

CSBDF_Impact-Icons_Spend-on-Goods.png

REGIONS AT
A GLANCE

map.png

Western

176 Loans/Grants

$11.4 Million

109 Jobs

Northwest

20 Loans/Grants

$1.2 Million

​

Piedmont Triad

227 Loans/Grants

$8.6 Million

209 Jobs

Southwest

895 Loans/Grants

$30.9 Million

2,432 Jobs

Sandhills

136 Loans/Grants

$8.8 Million

103.4 Jobs

North Central

1,312 Loans/Grants

$41.6 Million

2,235 Jobs

Southeast

160 Loans/Grants

$9.8 Million

124 Jobs

Northeast

149 Loans/Grants

$5.8 Million

108 Jobs

ANNUAL REPORT

Download our 2023-2024 Annual Report.

RESEARCH PUBLICATIONS

Our work is shaped by evidence-based and apolitical research highlighting why small businesses are the foundation of economic development.

bottom of page