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The Numbers

Almost 87 percent of businesses in North Carolina have fewer than 20 employees. Those businesses account for 17 percent of all employment within the state.

Since 2010, Carolina Small Business has funded 566 loans, totaling $40.6 million, which have in turn helped create or retain 1,829 jobs in communities across the state.

We have also provided over 3,000 entrepreneurs with business coaching, one-on-one technical assistance, training, and business education.

What that Means for NC

These “Main Street” businesses—shops, restaurants, service providers, and others—are the economic engines of healthy communities.

They create jobs, generate community wealth, and support supply chains for larger businesses.

The workers they employ spend on goods and services locally, save for their futures, and pay taxes that generate revenue to support our publicly funded programs and services.

Regions at a Glance

North West 7 Loans $.5 Million 5 Jobs
Piedmont Triad 40 Loans $3.2 Million 66 Jobs
North Central 207 Loans $14.2 Million 841 Jobs
North East 43 Loans $3 Million 105 Jobs
South East 38 Loans $3.1 Million 79 Jobs
Sandhills 35 Loans $2.8 Million 97 Jobs
South West 96 Loans $7.1 Million 349 Jobs
Western 92 Loans $6.4 Million 284 Jobs

Policy and Research

Carolina Small Business provides timely research on the broader economic impact that our small business lending programs and community development work. This analysis helps put forth thoughtful policy recommendations to strengthen our state’s economy.

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Success Stories

One of the most rewarding things about working at the Carolina Small Business Development Fund is being able to see people realize their dreams.

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Western Women's Business Center

The mission of the Western Women’s Business Center is to provide capital, high quality technical assistance, and programs that reduce barriers and serve as a catalyst to the success of women entrepreneurs in Western North Carolina.

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Give Today

Help Carolina Small Business Development Fund’s mission of helping others realize their dreams.

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