Grants to Support Small Business and Nonprofit Programs in International
GrantID: 56034
Grant Funding Amount Low: $5,000
Deadline: Ongoing
Grant Amount High: $150,000
Summary
A funding opportunity is available for small businesses and select nonprofit organizations located in targeted areas of North Carolina. This opportunity is designed to support organizations led by individuals from historically underserved groups, such as minority, women, veteran, LGBTQ+, and disability communities. The goal is to promote equitable economic growth by helping these businesses strengthen their foundations and expand their operations.
This grant provides funding specifically for the purchase of physical, long-term assets. These may include machinery, technology, vehicles, tools, or improvements to a business facility. The funding is not intended for regular operating expenses like payroll, rent, or marketing. Instead, it focuses on capital investments that will help organizations grow more sustainably and improve their long-term capacity.
Grant amounts range from approximately $5,000 to $150,000, with some awards potentially reaching up to $250,000, depending on the project scope and needs of the applicant. The funding is structured in tiers to accommodate businesses at different stages of development—from those just starting to more established organizations seeking to expand.
This is part of an ongoing, annual initiative that aims to close opportunity gaps by investing in businesses that are rooted in communities often overlooked by traditional funding sources. The program supports projects that have the potential to make a lasting impact, not just on the business itself but also on the surrounding community. Eligible applicants include small businesses and nonprofit organizations that are legally registered and physically located in specific, economically targeted zones within the state. Interested organizations should consider how an investment in capital assets could help move their mission or business forward, support job creation, and contribute to a more inclusive local economy.
If you are located in International and working in the area of LGBTQ+, this funding opportunity may be a good fit. For more relevant grant options that support your work and priorities, visit The Grant Portal and use the Search Grant tool to find opportunities.
Eligible Regions
Interests
Eligible Requirements
