- September 29, 2021
- Posted by: Stratford Team
- Category: Business
Hometown Revitalization grants provide $25,000 in funding for 30 local microgrant programs.
Grant funding and reach increased by 50% to help more communities recover from the pandemic.
CHARLOTTE, N.C. – The Duke Energy Foundation today distributed $750,000 in grants to help local businesses across North Carolina – from restaurants to retailers – adapt to the unprecedented challenges caused by the pandemic.
The total represents a 50% increase over the $500,000 in funding announced in April due to the breadth and quality of the funding applications. As a result, the Hometown Revitalization grant program will now support 30 communities throughout the state rather than the original 20 planned at the program’s inception.
“After our success in supporting the Downtown Raleigh Alliance, which was the model for this program, we knew that a series of targeted grants could do wonders to help North Carolina businesses…