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 has provided $111.2 million in aid across 1,236 loans and 1,791 grants, saving thousands of jobs.
We know this work is vital because our research shows, empirically and objectively, the importance of small businesses.
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WHAT THAT MEANS FOR NC.
Small “Main Street” businesses—shops, restaurants, service providers, and others—are the economic engines of healthy communities.
They create entrepreneurial networks, improve local quality of life, and revitalize distressed communities.
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Neighborhoods with robust small firm ecosystems create a business environment that is desired and sought out by larger companies.
REGIONS AT
A GLANCE
Western
169 Loans/Grants
$11 Million
93 Jobs
Northwest
20 Loans/Grants
$1.2 Million
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Piedmont Triad
222 Loans/Grants
$7.3 Million
178 Jobs
Southwest
873 Loans/Grants
$27.9 Million
2,347 Jobs
Sandhills
134 Loans/Grants
$8.7 Million
97 Jobs
North Central
1,279 Loans/Grants
$37.5 Million
2,142 Jobs
Southeast
158 Loans/Grants
$9.4 Million
111 Jobs
Northeast
149 Loans/Grants
$5.8 Million
107 Jobs