Duke Energy Foundation Grants for Community Development
GrantID: 75909
Grant Funding Amount Low: $500
Deadline: Ongoing
Grant Amount High: $25,000
Summary
This grant opportunity is designed to support programs that help small businesses thrive and grow within a specific region of the southeastern United States. The focus is on enhancing economic vitality by providing funds to organizations that work directly with small business owners to strengthen their capacity, competitiveness, and long‑term success. The intent of the funding is to create measurable positive outcomes for local business communities by enabling investments that might otherwise be out of reach for emerging enterprises.
Grants are available to nonprofit organizations that have established systems or services in place to support small business development. These nonprofits are expected to design and operate programs that identify qualified small businesses and provide them with modest financial awards to address specific needs. Eligible nonprofits typically serve communities within the designated region and have a track record of managing programs that contribute to business success. This opportunity is not open to individuals, private businesses, or governmental entities; rather, it emphasizes partnership with mission‑driven organizations that can amplify the impact of the funds.
The awards are intended to be used by small businesses for practical and growth‑oriented investments such as facility improvements, technology upgrades, equipment purchases, marketing enhancements, and other assets that contribute to business stability and expansion. The funding is not meant to cover routine operating costs like payroll or rent, but instead focuses on strategic investments that can help businesses increase capacity, reach new customers, or improve service delivery.
A portion of the overall funding is allocated to each participating nonprofit, which then distributes smaller awards to individual businesses based on criteria they establish in alignment with the grant’s goals. The program runs on an annual cycle with a defined application period for nonprofits; participating organizations then administer awards to selected small businesses within their communities.
Overall, this opportunity aims to foster economic development, resilience, and opportunity for small businesses through collaborative, community‑based support systems.
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Eligible Regions
Interests
Eligible Requirements
