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Posted on: November 22, 2016

RETOOL NC to provide $12 million for North Carolina's Historically Underutilized Businesses

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Historically Underutilized Businesses (HUB) are vital to the community and economy in North Carolina. These businesses are at-risk of permanent closure as a result of COVID-19. The RETOOLNC program will help address the challenges that certified NC HUBs and Disadvantaged Business Enterprise (DBE) firms are facing as they work to recover from the pandemic.

Funded at $12 million, the HUB Small Business Impact Grant Program (RETOOLNC) will be administered by the Office for Historically Underutilized Businesses (HUB Office) in partnership with the Carolina Small Business Development Fund (CSBDF) and the North Carolina Institute for Minority Economic Development (the Institute).

Eligibility
Documentation Required for RETOOL NC Grant Program

Application
Businesses that start with A-K  will be serviced by Initiative Capital, a program of The Institute. Those businesses should Apply Here

Businesses beginning with L-Z will be serviced by Carolina Small Business Development Fund. Those businesses should Apply Here

Additional Information 
Learn More about the Program at the NC HUB Office website

Watch the Video Announcement

For more information contact: hub.retoolnc@doa.nc.gov  or by phone:  (984) 236-0148

Additional Info...
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