FAYETTEVILLE – Cumberland County Community Development is opening a new grant cycle for the Small Business Resiliency Program to assist qualified local businesses that have suffered economic hardship resulting from the COVID-19 pandemic.
The Small Business Resiliency Program provides grants up to $10,000 and targets small for-profit businesses with 10 or fewer full-time equivalent employees.
As part of the earlier cycle, 18 local businesses have received notice of awards. Several more businesses are pending final review.
The Small Business Resiliency program is supported by Community Development Block Grant funding from the U.S. Department of Housing and Urban Development through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
To be eligible, businesses must operate within the Cumberland County geographic service area (not within the City of Fayetteville). This includes the unincorporated areas of the county, as well as the towns of Eastover, Falcon, Godwin, Hope Mills, Linden, Spring Lake, Stedman and Wade. Look up your business using GIS to determine eligibility.
To learn more, visit the Small Business Resiliency Grant Program link on the Community Development page on the Cumberland County website at co.cumberland.nc.us.
Community Development administers programs to benefit low to moderate income families and to help preserve and expand the supply of decent safe, affordable housing in Cumberland County. The office is located at 707 Executive Place, Fayetteville.
For more information, go to co.cumberland.nc.us/community-dev or call 910-321-6112.