Hundreds Apply For County's Small Business Grants

By Cece Nunn, posted Jun 8, 2020
New Hanover County received 800 applications for its $1.3 million Small Business Grant Program, which aims to help local businesses affected by the coronavirus pandemic. 

That application count was as of 5 p.m. Friday, the application deadline, said Jessica Loeper, the county's chief communications officer, in an email Monday afternoon.

Only 130 businesses will be randomly chosen to receive the grants of $10,000 each. County officials created the program with federal funding from the Coronavirus Aid, Relief and Economic Security (CARES) Act.

County economic development agency Wilmington Business Development (WBD), which is the third party collecting applications, will this week contact the businesses, selected by a random computerized lottery, via email and one follow-up phone call, according to the county.

"The lottery selection will take place the week of June 8, with selected businesses being notified around June 10," the county's online FAQ section on the program states. "Please make sure to regularly check your email and any spam filters after June 8.

"If you do not receive a call or email from WBD, you have not been selected for the program."

Another third party, Live Oak Bank, is disbursing the funds after the businesses are selected. Both Live Oak and WBD are providing their services free of charge, according to a news release.

County officias have also said, "There is a limited amount of funds available at this time, but there is the possibility of a future small business grant program being established if more federal aid is disbursed and allows for such a program again."

Ico insights



The “Law Of Contrast” Propels Entrepreneurship

Diane Durance - UNCW Center for Innovation and Entrepreneurship
Aarp suzanneheadshot 300x300

Beware Of Work From Home Scams

Michaelhiggins 41019104338

You’ve Lost A Loved One - What Now?

Michael Higgins - Dignity Memorial

Trending News

Off The Hook Buys Bennett Brothers Yachts

Christina Haley O'Neal - Jun 29, 2020

Dollar General's Urban Market Concept, DGX, Among New Tenants For River Place

Cece Nunn - Jun 30, 2020

NHRMC's New Patient Tower Opens

Staff Reports - Jun 29, 2020

Potbelly Sandwich Shop To Open Next Week

Jessica Maurer - Jul 1, 2020

COVID-19 Prompts TekMountain Shift To Virtual Model For Startups

Johanna Cano - Jul 1, 2020

In The Current Issue

What's Next For Next Glass

Next Glass CEO Trace Smith talks about his goals as the new CEO, how the company has been doing during the COVID-19 pandemic, the company’s...

A New Way Of Work

Daily temperature checks and health screenings have become a regular part of the job for many employees heading back into the workplace....

Hospitality Workers Face Risk

Some service businesses are starting to rehire, but for those in the hospitality industry, numerous challenges remain....

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!



2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`