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Cabarrus County reopens applications for small business support grant

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CABARRUS COUNTY, N.C. (FOX 46 CHARLOTTE) — Cabarrus County announced Monday they have reopened purposes for their Modest Small business Assistance Program.

Past thirty day period, the county declared they had been supplying 500 modest enterprises up to $10,000 every, a overall of $5 million. They say they now want to give far more businesses the chance to utilize, as they’ve only given out $620,321 so much.

Ketchie Inc. is a precision equipment shop in Harmony. They flip raw resources into components for companies. Like everybody else, they’ve been hit hard by COVID.

“Our overall small business took a strike for guaranteed. And when it arrived again, it came again truly sturdy. So, it is been tricky as much as backlog and catching up,” stated owner Courtney Silver.

Silver was just one of the business entrepreneurs that received $10,000 from the initially spherical of grant dollars. They say the funds has assisted in their recovery.

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“Overall, it’s just helped with funds circulation. Hard cash stream is tremendous critical for modest companies,” stated Silver.

The county states this go-about, they hope to access even additional businesses who could not have been knowledgeable the system existed.

“I really don’t believe there is ever a time when we can say we did anything probable to achieve all people. It was a pleasure of ours to go again out there and make sure that we tried new ways of reaching them,” stated Cabarrus County Communications Director Kasia Thompson.

The county suggests they’ve sent a letter to 3,200 local tiny firms specifically to let them know that the application exists.

“The particular contact often goes a long way,” claimed Thompson.

Tiny corporations in Cabarrus County have right until Friday to implement for the grant. If fascinated, click right here to use and understand about the requirements. The county suggests any dollars that they really don’t give out will be reallocated to other American Rescue Strategy-authorized sources.

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