Alamo Small Bsuiness Grant

Pathway to Opportunity is a competition designed to connect small businesses with corporations seeking to expand their supply chain with innovative products and services. Through Pathway to Opportunity, we aim to do more than provide a seat at the table—we strive to open doors and build relationships that can lead to long-term, sustainable contracts. Finalists are selected to pitch their businesses in front of a virtual audience, and three winners receive prizes of $5,000.

The HBCU Founders Accelerator is a customized 16-week intensive program, primarily conducted virtually. It commences with goal-setting discussions, the development of a work plan, and the identification of key performance indicators (KPIs) to track progress. Throughout the program, each portfolio company is provided with dedicated executive-level support from paid advisors. With a cohort size of 8-10 startups, our accelerator seeks to create a collaborative environment to foster entrepreneurial success. We make an initial investment of $120,000 in each selected startup to help support their growth.

The Downtown Raleigh Storefront Upfit Grant provides new and expanding storefront businesses in Downtown Raleigh with reimbursement grants of up to $10,000 to help cover the cost of build-outs, improvements, and one-time stand-up expenses associated with starting or growing a storefront business. Administered by Raleigh Civic Ventures and currently funded by the Duke Energy Foundation, the program is designed to attract new retail, restaurant, and service businesses to downtown, support the expansion of existing retail, and direct support to strategic areas of the commercial core. Maximum award amounts vary by location and business type: businesses opening in the program's Priority Area (including new retail, restaurant, service, experiential, and pop-up uses) are eligible for up to $10,000, while businesses in the broader grant boundary (retail uses and existing retail businesses expanding by at least 30%) are eligible for up to $5,000. Businesses with 50% or more ownership by individuals who identify as minority, women, LGBTQ+, veteran, or a person with a disability can qualify for an additional $2,500 Diverse Business Enterprise (DBE) booster within their applicable maximum. Eligible expenses include hard costs to physically upfit the space (such as construction, paint, and lighting), soft costs related to design and construction, and one-time stand-up expenses such as furniture, shelving, signage, POS systems, and décor. Recurring operating costs — rent, utilities, payroll, inventory, and cost of goods sold — are not eligible. Professional office and bar uses (defined as businesses deriving 70% or more of revenue from onsite alcohol sales) are explicitly ineligible, though breweries and distilleries with onsite production are eligible. Locally-owned and independently-operated businesses, new businesses occupying first-floor street-front space, and applications with strong matching private investment receive funding priority.

Grants, loans, and incentives assist eligible recipients in developing economic development plans and studies designed to build capacity and guide the economic prosperity and resiliency with the City of Hampton.

The Inclusive Beauty Fund will award 12 grants of $25,000 each to beauty businesses and entrepreneurs across the United States–including extension artists, braiders, aestheticians, barbers, salon owners, suite owners, students, and stylists. The grants will be administered in partnership with the NAACP's Economic Empowerment Fund and Hispanic Federation through Deed, a leading social impact platform. Open to all, the goal of the program is to support all members of the beauty industry with a focus small business growth and increasing overall economic opportunity.