UNCW Small Business and Technology Development Center receives grant to help small businesses and entrepreneurs
Wednesday 5 May 2021
The UNCW Small Business and Technology Development Center received a $ 64,940 grant from the North Carolina Small Business and Technology Development Center to expand assistance to small businesses and entrepreneurs in response to the COVID-19.
“Since the onset of COVID-19, we have been working hand in hand with our clients to help them with the best strategy for success,” said Heather McWhorter, regional director of NC’s Small Business and Technology Development Center and director of the SBTDC. “With entrepreneurs and small businesses, this is never a one-size-fits-all approach, and that’s where SBTDC’s team of professional business advisors comes in.”
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 in the first quarter of 2021. Currently, staff are focused on the second phase of the paycheck protection program and the grant to operators of recently opened closed sites. The Paycheque Protection Program, better known as P3, helps small businesses keep workers on the payroll. The Shuttered Venue Operator Grant is a new COVID-19 relief grant designed to help ‘closed places’ such as live theater operators, theater producers, performing arts organizations, museums and aquariums who have experienced a drop in income due to COVID-19.
Staff are also preparing for the opening of the Restaurant Revitalization Fund. This grant will provide emergency assistance to restaurants and other businesses eligible to keep their doors open.
“Our clients are at various stages, from survival to prosperity, so center staff participate in disaster programs, export, sell to government and even start new businesses,” she added.
Visit the SBTDC Website to learn more about small business disaster programs.