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The Numbers

Almost 85 percent of employer businesses in North Carolina have fewer than 20 employees. Those businesses account for 23 percent of all employment within the state.

Since 2010, Carolina Small Business has funded 700 loans, totaling $57.8 million, which have in turn helped create or retain 2,574 jobs in communities across the state.

We're proud to serve current and aspiring entrepreneurs across the region with one-on-one coaching and a comprehensive workshop curricula. Thousands of North Carolinians have been helped by these services.

What that Means for NC

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

They provide employment opportunities, revitalize distressed neighborhoods, and create entrepreneurial social networks.

Research shows communities with robust small firm ecosystems create a business environment that is desired and sought out by larger companies.

Regions at a Glance

North West 11 Loans $1.0 Million 20 Jobs
Piedmont Triad 52 Loans $4.0 Million 142 Jobs
North Central 241 Loans $17.6 Million 991 Jobs
North East 58 Loans $4.4 Million 156 Jobs
South East 65 Loans $6.4 Million 261 Jobs
Sandhills 45 Loans $5.6 Million 196 Jobs
South West 120 Loans $9.4 Million 468 Jobs
Western 108 Loans $9.4 Million 340 Jobs

Research Program

Our work is shaped by evidence-based research highlighting why small businesses are the foundation of economic development. These analyses help contribute to practitioner and scholarly dialogues on the importance of entrepreneurship for North Carolina'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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