2024 Beyond Open Small Business Grant Program - Round 3

Applications Due: Closed
Private
Foundation For The Carolinas, Supported ny Wells Fargo Open for Business Fund

Description

Beyond Open is a competitive small business grant program focused on enhancing economic mobility within Charlotte's Corridors of Opportunity. It aims to support diverse-owned small businesses, including those owned by minorities, women, veterans, LGBTQ individuals, and persons with disabilities. The grant can be used for capital assets such as equipment, technology, inventory, and real estate, and does not require repayment. Administered by FFTC Partners For Empowering Communities, a supporting organization of the Foundation For The Carolinas, and funded by the Wells Fargo Open for Business Fund, Beyond Open has awarded over $10 million in grants to nearly 300 small businesses during its first two rounds. The third round will distribute approximately $5 million in grants.

The program aims to retain jobs, encourage job growth, and inspire new entrepreneurial endeavors in areas with low economic mobility and among historically underrepresented groups. It also seeks to create opportunities for small businesses to provide goods or services in affluent areas where minority business owners have been under-represented.

Eligibility

States
North Carolina
Regions
City of Charlotte (specifically the Corridors of Opportunity)
Eligible Entities
Small businesses, For profit organizations other than small businesses

Funding

Program Funding
$5,000,000
Award Ceiling
Award Floor
Award Count

Timing

Posted Date
May 27, 2024
App Status
No Longer Accepting Applications
Pre-app Deadline
Application Deadline
August 30, 2024

Funder

Funding Source
Source Type
Private
Contact Name
Contact Email
Contact Phone
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