UNCW Small Business and Technology Development Center receives grant to help small businesses and entrepreneurs

Wednesday 05 May 2021

The UNCW Small Business and Technology Development Center received a grant of $ 64,940 from the North Carolina Small Business and Technology Development Center to expand assistance to small businesses and entrepreneurs in response to COVID-19.

“Since the onset of COVID-19, we’ve been working hand-in-hand with our customers to help them develop the best strategy for success,” said Heather McWhorter, regional director of the Carolina Technology and Small Business Development Center. North and director of the SBTDC. “With entrepreneurs and small businesses, it’s never a one-size-fits-all approach, and that’s where SBTDC’s team of professional business advisors comes in.

The SBTDC provides free, confidential and impartial assistance to entrepreneurs and small businesses in six counties in Southeastern North Carolina. The funding complements the US Small Business Administration award so that the center can continue to provide a high level of one-on-one assistance to the region, she said.

The center has assisted 400 entrepreneurs and small businesses with one-on-one assistance during the first quarter of 2021. Currently, staff are focused on the second cycle of the Paycheck Protection Program and the recently opened Shuttered Venue Operator grant. The Paycheque Protection Program, better known as P3, helps small businesses keep workers on the payroll. The Shuttered Venue Operator Scholarship is a new COVID-19 relief grant designed to help ‘closed places’ such as live venue operators, theater producers, live performing arts organizations, museums and aquariums that have suffered a drop in income due to COVID-19.

Staff are also preparing to open the Restaurant Revitalization Fund. This grant will provide emergency assistance to restaurants and other eligible businesses to keep their doors open.

“Our clients are in various stages, from survival to prosperity, so staff at the center are helping with disaster programs, exporting, selling to the government and even starting new businesses,” he said. -she adds.

Visit the SBTDC website to learn more about small business disaster programs.

Venita jenkins