Source:  NCDA&CS

The NC Department of Administration Office for Historically Underutilized Businesses (HUB) has partnered with Carolina Small Business Development Fund and the North Carolina Institute of Minority Economic Development to establish the RETOOLNC Grant Program Fund to provide funds for small businesses (for-profits) adversely affected by the COVID-19 pandemic.

Eligible businesses are certified HUB and DBE firms with 50 employees or less. Grants are ONLY available to certified businesses with $1,500,000 or less in gross revenue, according to 2020 tax filing.

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