State Opens RETOOLNC Grant Program for Second Round of Funding To Support HUBs Impacted by COVID-19 | Eastern NC Now

North Carolina certified HUBs have until December 16th to apply

ENCNow
Press Release:

    Raleigh, NC     The North Carolina Department of Administration's Office for Historically Underutilized Businesses (HUB) will today open the application portal for the RETOOLNC Grant Program for a second round of funding for certified historically underutilized businesses (HUB) and disadvantaged business enterprise (DBE) firms impacted by COVID-19. Eligible North Carolina HUBs and DBEs that missed the initial round of funding through the RETOOLNC Grant Program will have the opportunity to apply for aid beginning today through December 16th.

    "Since its initial launch in October, the RETOOLNC Program has been instrumental in granting more than $10 million in funding to assist in the economic recovery of state certified minority and women-owned businesses," said NC Department of Administration Secretary Machelle Sanders. "The second round of funding will continue to support our efforts to provide aid to communities disproportionately impacted by COVID-19."

    The North Carolina Small Business Impact Grant Program, RETOOLNC, is an initiative created under Governor Roy Cooper's Executive Order No. 143, which addresses measures and supports efforts to aid communities of color disproportionately impacted by the pandemic.

    In addition to funding, the HUB Office — in partnership with the Carolina Small Business Development Fund (CSBDF) and the North Carolina Institute for Minority Economic Development (the Institute) — will offer guidance on business development to HUBs and DBEs statewide through the RETOOLNC program.To be eligible, North Carolina certified HUBs and DBEs must meet the following criteria.

    Eligible Businesses must:

  • Have been operating for one year
  • Be certified with NCHUB or NCDOT DBE
  • Be an independent business located within North Carolina
  • Be a business with up to 50 employees or less (including but not limited to, sole proprietorships, home based businesses, and independent contractors)
  • Not have annual revenues exceeding $1,500,000
  • Not be delinquent on North Carolina State income taxes
  • Not have any active bankruptcies or tax liens

    To learn more about the RETOOLNC initiative, visit the NC HUB Office website for details.


  • NCDOA Communications
  • Department of Administration
  • 116 W. Jones Street
  • Raleigh, North Carolina 27603

Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




City of Washington Council Agenda for December 14, 2020 News Services, Government, State and Federal Statement from the President on the National Space Policy


HbAD0

Latest State and Federal

Tax Day is a week away, and the reports are in: North Carolinians are winning big with record-setting tax returns thanks to President Trump and Republicans' Working Families Tax Cuts.
“It is a trust fund, a piece of the American economy for every child that they will be able to take out when they are 18.”
For most of her life, Zofia Cheeseman built her life and schedule around being a gymnast until a health scare forced her to look at her life off the mat.
"We could very well end up having a friendly takeover of Cuba."
You can't make this up. If you turned this script into Hollywood, they'd say it's too on the nose.
"Alaska native" firms, most often in Virginia, were paid $45 billion in Pentagon contracts thanks to DEI law.

HbAD1

Small cities rarely make headlines. Their struggles - fiscal mismanagement, leadership vacuums, the slow erosion of public trust - play out in school gymnasiums and wood-paneled council chambers, witnessed by a handful of residents and largely ignored by the world outside.
"Go that way and get down ... there has been a shooting ... there are people dead over here."
Former provost Chris Clemens has dropped his open meetings and public records lawsuit against the University of North Carolina at Chapel Hill.
How the Minnesota Senate race became a purity test for the far Left
America is great because for many decades her immigrants came from a similar cultural background that bore a heavy Christian influence.
After years in the limelight for his combative style both with Democrats and his fellow Republicans, Crenshaw's future now unsure.
Conservatives don't always engage with the broader culture. We're going to change that.
A heavy security presence remains in downtown Austin after a chaotic shooting spree early Sunday morning left two victims dead and 14 others injured.

HbAD2

Her address will be focused on efforts to "emphasize education’s role in advancing tolerance and world peace."
If he wins in November, Teixeira will be the all-time Congressional home run leader.
The North Carolina Supreme Court on Thursday dismissed the long-running Leandro school funding case, ruling that every decision made in the case since 2017 was void.
Climate litigation could face a shake up as Senator Ron Wyden and leftwing climate activists try to put their thumb on the scale of judicial guidance.
Modern AI tools automatically flag anomalies like spikes in billing and implausible service delivery.
The county boards of elections in Guilford and Rockingham counties on Tuesday morning will begin a partial hand recount of ballots in randomly selected precincts in the N.C. Senate District 26 contest between candidates Phil Berger and Sam Page.
A North Carolina State Senate race is heading for a recount after the two pro-Trump Republicans come down to a two vote margin.
This is simply a failure of will, and we are here to help impose that will today, so that to me is the simple punchline," said State Treasurer Brad Briner. "I appreciate the leaders of Rocky Mount being here, but we need to get to a place where there is the will to fix a very, very serious problem.”
"THE UNITED STATES OF AMERICA WILL NEVER ALLOW A RADICAL LEFT, WOKE COMPANY TO DICTATE HOW OUR GREAT MILITARY FIGHTS AND WINS WARS!"

HbAD3

 
 
Back to Top