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Durham Grant Program

The City of Durham and Duke University have partnered with Carolina Small Business Development Fund to establish the Durham Small Business Recovery Fund to provide loan and grant funds for small businesses adversely affected by the COVID-19 pandemic.

About the Grant Program

The City of Durham and Duke University have partnered with Carolina Small Business Development Fund to establish the Durham Small Business Recovery Fund to provide loan and grant funds for small businesses (for-profits) adversely affected by the COVID-19 pandemic. Eligible businesses are those with fewer than 25 employees, including home-based businesses and food trucks.

Grants are ONLY available to businesses with $500,000 or less in revenue, according to the most recent available tax filing.

Eligibility

Use of Funds

Funds may be used for legitimate business expenses, including but not limited to working capital, lease payments, existing real estate and equipment financing payments, and covering payroll shortage. Funds may not be used to pay off existing debts, tax liens, judgments, or collections.

Grant Amount

Required Documentation

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