Main Street Solutions Fund
The purpose of the fund is to provide maximum support to small businesses in designated micropolitans located in Tier 2 and Tier 3 counties and/or in designated North Carolina Main Street communities. The grants will be used to assist planning agencies and small businesses with efforts to revitalize downtowns by creating jobs, funding infrastructure improvements and rehabilitating buildings.
In round one of the Main Street Solutions Fund program, 5 communities were awarded grant funds. For every $1 invested by the state, an additional $5.22 will be invested by the local community.
Twenty small businesses will directly benefit from Main Street Solutions grants. Those businesses will create or retain a minimum of 151 permanent full-time and part-time jobs.
In round two of the Main Street Solutions Fund program, 11 communities were awarded grant funds. For every $1 invested by the state, an additional $4.11 will be invested by the local community.
Thirty-four small businesses will directly benefit from Main Street Solutions grants. Those businesses will create or retain a minimum of 245 permanent full-time and part-time jobs.
MSSF Grants Map
2009-2010
| Community |
Grant Award |
Total Project |
| Burlington |
$298,460
|
$3,254,937
|
| Morganton |
$271,455
|
$1,109,404
|
| Kings Mountain |
$135,000
|
$509,502
|
| La Grange |
$93,581
|
$229,102
|
| Rocky Mount |
$100,000
|
$520,500
|
| TOTAL |
$898,496
|
$5,623,445
|
2010-2011
| Community |
Grant Award |
Total Project |
| Benson |
$41,389 |
$124,166 |
| Goldsboro |
$200,000 |
$1,446,381 |
| Highlands |
$200,000 |
$1,267,000 |
| Kinston |
$200,000 |
$1,200,000 |
| Lenoir |
$200,000 |
$822,590 |
| New Bern |
$125,000 |
$427,240 |
| Newton |
$80,830 |
$242,500 |
| Salisbury |
$111,626 |
$455,541 |
| Sylva |
$47,382 |
$142,147 |
| Tryon |
$150,000 |
$675,000 |
| Washington |
$200,000 |
$1,350,000 |
| TOTAL |
$1,531,227 |
$8,152,565 |
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For additional information on the Main Street Solutions Fund grant program, contact:
Ben Murphrey, Grant Administrator
4313 Mail Service Center
Raleigh, NC 27699-4313
(919) 571-4900
bmurphrey@nccommerce.com
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