The North Carolina Department of Revenue is launching the Phase 2 application of the Business Recovery Grant program on May 2.
The Business Recovery Grant will issue payments to eligible businesses that have suffered economic loss of at least 20 percent during the pandemic.There have been changes made to the program’s eligibility criteria, allowing many businesses excluded in Phase 1 to apply.
In addition to businesses affected by the pandemic in the hospitality industry, the Business Recovery Grant is open now to:
“Barbers, cosmetologists, gyms and other service providers were hit hard by the pandemic and it’s important to expand these grants to help them too,” said Governor Roy Cooper. “Our small businesses are the backbone of our economy and strong support for them is critical.
Two types of grants will be available to eligible businesses for Phase 2. This includes:
“Our hope is that the expanded Business Recovery Grant program requirements will encourage more eligible North Carolina businesses to apply,” said NCDOR Secretary Ronald Penny. “These funds are available for eligible businesses that suffered a financial loss because of the pandemic and we want to make sure those businesses receive them.”
The application deadline is June 1.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno