dreamstimeextralarge_165429468.jpg
Line separator

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

Carolina Small Business has provided $87 million in aid across 1,112 loans and 1,073 grants, saving thousands of 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

139 Loans

$9.7 Million

241 Jobs

Northwest

17 Loans

$1.16 Million

19 Jobs

Piedmont Triad

152 Loans

$5.6 Millions

150 Jobs

Southwest

600 Loans

$20.7 Million

2,102 Jobs

Sandhills

93 Loans

$7.7 Million

269 Jobs

North Central

922 Loans

$28 Million

1,846 Jobs

Southeast

121 Loans

$7.4 Million

325 Jobs

Northeast

119 Loans

$4.4 Million

230 Jobs

ANNUAL REPORT

Download our 2020-2021 Annual Report booklet.

RESEARCH PUBLICATIONS

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