The City of Durham and Durham County have partnered with Carolina Small Business Development Fund to establish the Durham Small Business Recovery Fund to provide loan and grant funds for small businesses (for-profits) adversely affected by the COVID-19 pandemic. Eligible businesses are those with fewer than 50 employees, including home-based businesses and food trucks, which are subject to additional criteria listed below. Loans are ONLY  available to businesses with revenues up to $5 million, according to […]

More than 80 Durham businesses have received much-needed assistance from the Durham Small Business Recovery Fund to help them recover during the Covid-19 pandemic. The Small Business Recovery Fund was established to provide loan and grant funds for businesses adversely affected by the Covid-19 pandemic. The fund consists of $1 million in private money from […]

Durham City Council has authorized the establishment of the Durham Small Business Recovery Fund program for small businesses adversely affected by the COVID-19 pandemic. The fund consists of private money for grants and public funds for loans and is currently $2 million, with $1 million each from the City and from Duke University. The fund […]

Small businesses and independent contractors in Wake County that have lost revenue due to COVID-19 can now apply for loans to help plan for the future. The application period for Wake Forward officially opened at noon today. People who are interested can visit the Wake Forward website for information on how to apply. “Local businesses and their employees have been hit […]