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Asheboro Small Business Incentive Program

Asheboro Small Business Incentive Program

City of Ashboro
LOCATION & INDUSTRIES
AMOUNT

Up to $30,000

OWNERSHIP REQUIREMENTS
DEADLINE

Rolling

ABOUT THE GRANT

The Small Business Investment Incentive Program aims to assist companies that are too small to receive assistance from the state and federal government grow their workforce, expand into Asheboro, or improve their existing location.

The City will be offering two programs. The first program will provide funds for businesses that hire at least 5 new employees at 90% of the county average wage and maintain their role for at least 6 months. The second program will provide funds for eligible projects that improve vacant or underutilized commercial properties. This program will provide up to half the price of improvements for eligible expenses.

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NOTES

We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.

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