Financial Assistance for Businesses

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Financial Assistance for Businesses

See below for a list of organizations & resources providing emergency financial relief for businesses. This list will be updated as more resources become available. 

Grant Info Flyer

  • Salesforce Care Small Business Grant - Salesforce is partnering with Ureeka to offer eligible small businesses the opportunity to receive a $10,000 grant to help them through the COVID-19 outbreak. 
    • To be eligible, companies must: 
    • Be a for-profit company
    • Have between 2 and 50 employees
    • Have been in business for 2 full years as of March 2020
    • Have an annual revenue between $250k and $2M
    • Have experienced challenges from COVID-19
    • Meet all other eligibility requirements as listed here.
 
  • Facebook Small Business Grant - The application for the Forest City/Rutherford County Global Facebook SMB Grants is live. You can click below to access the application. When you click on the available location list, select Forest City/Rutherford County from the drop-down menu. You will then be taken to a partner page for the application component. The application will be open until April 28, 2020 at midnight.

    To be eligible, the business must have these qualifications:
    Be a for-profit company
    Have between 2 and 50 employees
    Have been in business for over a year
    Have experienced challenges from COVID-19
    Be in or near a location where Facebook operates

     

  • On March 27, President Trump signed the Coronavirus Aid Relief and Economic Security (CARES) Act that has options to help small businesses affected by COVID-19.
  • U.S. Small Business Administration Disaster Loan 
    • The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). 
  • Golden Leaf Foundation
    • COVID-19 Rapid Recovery for Small Business
    • The North Carolina COVID-19 Rapid Recovery Lending program supports North Carolina small businesses and family farms as they recover from the economic impact of COVID-19. This rapid recovery loan helps small businesses bridge the gap between when crisis strikes and when federal loans, insurance payouts, and other relief funds are approved, or businesses have time to recover.
  • Mountain Biz Works COVID-19 Rapid Response Loan
    • Mountain BizWorks is providing NC COVID-19 Rapid Recovery Loans as as vital resource to help Western North Carolina small businesses be resilient and adaptive in the face of the corornavirus crisis. These are primarily designed to be a timely source of bridge loan financing until businesses can access SBA Disaster or other federal disaster funding.
  • Thread Capital
  • Self Help Credit Union
  • Carolina Small Business Development Fund
  • NC Community Development Initiative