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Carolina Small Business Development Fund, HQ Raleigh Launch Southeast Raleigh Entrepreneurs Initiative

July 7, 2017 / Janice Rojas / Press Releases

(Raleigh, NC) –Carolina Small Business Development Fund (CSBDF), HQ Raleigh, and the Innovation and Entrepreneurship Center (IEC) offer entrepreneurs in Southeast Raleigh affordable workspaces and innovative services to scale their business.

HQ Community and CSBDF will address major challenges that entrepreneurs face: building a trusted support community, gaining access to capital and obtaining flexible affordable working space to expand their business. In this partnership, the IEC, a partnership between CSBDF and Shaw University, will also support and help scale enterprises founded by entrepreneurs in SE Raleigh.

Through this initiative, qualified entrepreneurs who are launching or who have launched their own businesses will get a free one-year membership to HQ Community. This membership includes access to free co-working space in HQ Raleigh, access to all of HQ Community’s member benefits, visibility across the HQ community through newsletters, social media, and digital signage within HQ’s spaces, and more. Qualified entrepreneurs from Southeast Raleigh will also be eligible to receive a sponsored discount on private offices suite within HQ Community with the same membership benefits mentioned above.
“HQ Raleigh and Carolina Small Business Development share a mutual commitment to help small businesses in Southeast Raleigh succeed. Our goal is to support entrepreneurs by providing capital and offering the co-working space they need to achieve their entrepreneurial dreams, create jobs and deepen their impact in the communities they serve,” said Lenwood V. Long, Sr., President/CEO of Carolina Small Business Development Fund.
Eligible entrepreneurs include CSBDF borrowers or entrepreneurs looking for loan capital through CSBDF. Program participants will be eligible to receive technical assistance from both organizations.

“Raleigh’s entrepreneurial ecosystem succeeds only when everyone has access to the full range of resources and relationships to help them flourish and grow,” says Christopher Gergen a Founding Partner of HQ Community. “ We are excited to be working with CSBDF, IEC, and Shaw University to create a much more intentional strategy to support emerging entrepreneurs in SE Raleigh.”

To further foster the entrepreneurial ecosystem through a set of related professional experiences for emerging leaders in SE Raleigh, the IEC and CSBDF will also help with placing interns from Shaw University within HQ’s member companies.

Interested entrepreneurs should send a brief bio including connection to Southeast Raleigh, an overview of the business (outlining product/service, target market, and progress including any current revenue if applicable), specific technical assistance needs, and any capital needs. Please send information to SERaleigh@hq.community
For more information, please contact Janice Rojas at jrojas@carolinasmallbusiness.org or call 919.803.1437.
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About Carolina Small Business Development Fund
Carolina Small Business Development Fund, previously known as The Support Center, has a mission to foster economic development in underserved communities by providing capital, business services, and policy research to support small businesses. Since 2010, CSBDF has invested more than $38.6 million through 540 loans to small businesses across North Carolina helping to create or retain more than 1,668 jobs. For more information, please visit www.carolinasmallbusiness.org.
About HQ Community
The HQ Community is on a mission to foster inclusive communities of entrepreneurs who create lasting economic and social impact. HQ currently has locations in Raleigh’s Warehouse District and the Capital Club downtown, Greensboro’s Arts District, and Uptown Charlotte, collectively home to over 500 high-growth, high-impact companies. For more information, please visit: hq.community.

MEDIA CONTACT:
Janice Rojas
Office: 919.803.1437 x232
Direct: 919.928.5101
jrojas@carolinasmallbusiness.org