Strive and Thrive - Small Business Funding

On May 26, 2020, Charlotte City Council voted that “$154,549,215.90 is hereby appropriated in the COVID Stimulus Fund” from the Federal Government. They also voted to set aside $35,000,000 in funding for small business relief.

Small Business Relief Funding

Action Plan:
The Survive and Thrive Initiative Strategy is an evergreen initiative to help small businesses survive in today’s new world and thrive in whatever comes next.

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The Survive Strategy:

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  • City of Charlotte Open for Business Initiative launched on April 17th to create a comprehensive digital platform that will easily connect local small businesses with our residents who want to support them.

  • Access to Capital
    o Micro business relief funds
    o Small business relief funds

  • Ecosystem/Partner Support

  • Workforce Rapid Response
    o CLT career pivot virtual bootcamp
    o Job placement coordination and outreach program

  • Meet evolving needs of Open for Business Website

  • Talent Development Programs
    o Intensive Career Cohorts
    o Technology Training Programs
    o RENEW Training Program

  • Business Innovation
    o B2C Small Business Accelerator
    o Resilient Restart Program

  • Thrive Business Grants
    o Innovate Business Grant
    o Thrive Hiring Grant

B Holladay