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News and updates from Carolina Small Business Development Fund.
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Advocating for WNC’s Small Business Community
Introduction On September 27, 2024, Hurricane Helene struck Western North Carolina (WNC), causing extensive flooding, mudslides, and...
Carolina Small Business Development Fund
Mar 71 min read

The Economic Impact of Assisting Small Firms
The Uncertain Road to Recovery Overview Since 2019, each year CSBDF has released an analysis of the economic impacts of its small...
Carolina Small Business Development Fund
Jun 21, 20241 min read

View from the Top
A Comparison of the Western North Carolina and Appalachian Entrepreneurial Ecosystems. Research produced jointly between Carolina Small...
Carolina Small Business Development Fund
Jun 20, 20241 min read

Oak City Biz Labs Final Report
Between September 2022 and April 2023, Carolina Small Business Development Fund (CSBDF) awarded 88 grants totaling $2,189,646 to small...
Carolina Small Business Development Fund
May 30, 20241 min read


Spokes of the Same Wheel
Collaboration between resource providers impacts outcomes for female small business owners in Western North Carolina.
Carolina Small Business Development Fund
Aug 9, 20232 min read

Identifying Reasons for Small & Medium-Sized Firm Closures in North Carolina
An Exploratory Framework Leveraging Administrative Data ABSTRACT Business failure is a natural part of the development lifecycle and...
Carolina Small Business Development Fund
Feb 1, 20232 min read
Growth, Equity, & Individual Welfare
A Theoretical Framework for “Moving the Needle” on CDFI Impact Evaluation Research Report and Brief in Collaboration with AltCap ABSTRACT...
Carolina Small Business Development Fund
Feb 1, 20232 min read
Lending Economic Impact Analysis
Evaluation of Lending Outcomes, Updated Annually FINDINGS SUMMARY CSBDF’s releases annual aggregate economic impact numbers for its...
Carolina Small Business Development Fund
Jan 5, 20232 min read
How CDFIs are Shaped by Funders through Data Collection, Impact Measurement, and Evaluation
Conference Paper in Collaboration with the University of North Carolina at Chapel Hill, the University of Illinois at Urbana-Champaign,...
Carolina Small Business Development Fund
Nov 18, 20222 min read
Beyond bridging and bonding: the role of social capital in organizations
Collaboration with faculty from the University of North Carolina at Chapel Hill Published in Community Development Journal ABSTRACT...
Carolina Small Business Development Fund
Oct 16, 20221 min read

Extraordinary Times Call for Extraordinary Measures
The financial losses caused by COVID-19 are extraordinary in scope and have affected every facet of the small business ecosystem.
Carolina Small Business Development Fund
Oct 12, 20222 min read
Community Reinvestment Act Regulations Joint Notice of Proposed Rulemaking
Comments to the Office of the Comptroller of the Currency (Docket ID OCC-2022-002), the Board of Governors of Federal Reserve System...
Carolina Small Business Development Fund
Aug 25, 20221 min read
COVID-19 and Local Development Entities: Response, Recovery, and Shifting Priorities
The consequences of the COVID-19 pandemic will reverberate across North Carolina’s local economy for many years.
Carolina Small Business Development Fund
Aug 12, 20221 min read
Employment Impact Measurement Procedures
Definitions and Methodology for Employment Survey, Updated Annually POLICY SUMMARY Carolina Small Business’s programmatic interventions...
Carolina Small Business Development Fund
Jul 1, 20221 min read
Research Agenda Rationale and Theoretical Basis
Research and Policy Program Standards, Updated Annually POLICY SUMMARY Carolina Small Business Development Fund seeks to contribute to...
Carolina Small Business Development Fund
Jun 8, 20221 min read
Place Matters: Government Capacity, Community Characteristics, and Social Capital
Collaboration with faculty from the University of North Carolina at Chapel Hill and Indiana University. Published in the Journal of...
Carolina Small Business Development Fund
Dec 1, 20211 min read
Community Development Financial Institution (CDFI) Program Evaluation: a Luxury but not a Necessity?
Collaboration with faculty from the University of North Carolina at Chapel Hill Published in Community Development ABSTRACT For decades,...
Carolina Small Business Development Fund
Nov 16, 20212 min read
Theory to Practice: CSBDF Releases FY21 Economic Impact Report
CSBDF releases annual economic impact assessments of its lending activities. In this post, Vice President of Economic Development Policy...
Carolina Small Business Development Fund
Oct 18, 20215 min read
Theory to Practice: No One Said It Would Be Easy - Going Beyond Measuring Economic Impact
In this post CSBDF’s Jason Sabatelle (Volunteer Senior Research Fellow), Adonis Caramintzos (Volunteer Research Fellow), and Emily...
Carolina Small Business Development Fund
Aug 9, 20217 min read
Small Business Stories: Surviving and Thriving Amidst the Pandemic
Carolina Small Business Development Fund Research Report and Brief ABSTRACT The COVID-19 pandemic will leave an enduring mark on North...
Carolina Small Business Development Fund
Aug 9, 20211 min read
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