Business Grants & Scholarships

The following grant opportunities are available to entrepreneurs located in the Charlotte region. Check back often as this page is updated as new grant opportunities come our way.

NC IDEA Micro Grants

NC IDEA MICRO AND NC IDEA SEED grant applications open August 2, 2021 and close August 30, 2021 at 5:00pm EST.

Through small, project-based grants, NC IDEA MICRO awards $10K in funding to young companies looking to validate and advance their idea. We have found that funding, paired with mentorship and guidance, early in a company’s lifecycle, can make a significant impact on future success.

Interested applicants may attend an information session to learn more about NC IDEA’s grant opportunities and gain insight on how to write a competitive application. Learn more on how to apply, what NC IDEA looks for in an application and which opportunity may be most appropriate and beneficial for you and your company.

>> Virtual Info Session: Monday, July 26 at 4:00pm

NC IDEA SEED Grants

NC IDEA MICRO AND NC IDEA SEED grant applications open August 2, 2021 and close August 30, 2021 at 5:00pm EST.

NC IDEA SEED offers early stage companies the critical funding they need to scale faster. Our $50K grants are awarded to innovative startups with a proven concept — even if they are not yet profitable. The funds, along with mentorship and guidance, push companies forward and reduce risk associated with growing startups.

Interested applicants may attend an information session to learn more about NC IDEA’s grant opportunities and gain insight on how to write a competitive application. Learn more on how to apply, what NC IDEA looks for in an application and which opportunity may be most appropriate and beneficial for you and your company.

>> Virtual Info Session: Monday, July 26 at 4:00pm

Cabarrus Recovery Grants

Cabarrus County is dedicating a portion of more than $42 million received in American Rescue Plan Coronavirus State and Local Fiscal Recovery Funds to help local for-profit and non-profit agencies based in or serving Cabarrus County.

The funding is available to meet a variety of local needs, including support for households, small businesses, impacted industries, essential workers and communities hardest hit by the COVID-19 crisis.

To make the best use of the funds, the County is calling on local for-profit and non-profit agencies to submit proposals for projects aligned to the acceptable uses, which include:

  • Stabilizing businesses or organizations
  • Providing job training
  • Continuing with delayed initiatives
  • Assisting households with food and shelter
  • Delivering crisis intervention services
  • Supporting mental and physical health
  • Making improvements to help prevent and eliminate COVID-19
  • And more

Deputy County Manager Rodney Harris believes the flexibility of the grants will encourage businesses and non-profits to apply.

“This is an investment in the people who kept Cabarrus open,” Harris said. “Applicants can customize their request to meet a tailored business or community need. We’ll consider any project that aligns with the requirements. This opportunity is a pathway to recovery for our community.”

Local administration of the plan includes a Request for Proposals (RFP) process. The proposal deadline is August 6, 2021 at 5 p.m.

>> Click here to view eligibility requirements and details on how on to apply.

Spark Grants

Application period is closed.

With the support of the Flywheel Foundation, the Cabarrus Center for Innovation and Entrepreneurship just wrapped up its first grant cycle of $5,000 Spark Grants offered to entrepreneurs located in or adding jobs to the county. The grants will help Founders test out ideas that can be commercialized successfully.

Over 21 companies applied and all will continue to benefit from the Cabarrus Center resources, coaching and curriculum. Two companies finished as runner-up and are still competing for the remaining grant funds. The Flywheel Foundation is allocating $25,000 from a Truist Bank corporate sponsorship to fund the first cohort of grant awards.

Scale Up CLT

Application deadline: 6/9/2021.

Scale Up CLT accelerates the growth of minority-owned businesses in the Charlotte region. Each business that is selected receives a scholarship worth over $12,000.

For this scholarship, they earn a slot in the EO Accelerator Charlotte ($2,500), Ally Investor level at the Charlotte Regional Business Alliance ($5,000), participation at the Charlotte Regional Business Alliance Leadership Retreat in Fall 2021 ($1,300), ability to attend Charlotte Regional Business Alliance Exploring Economies trip to Austin in 2022 ($3,600), and an invitation to Charlotte Regional Business Alliance Investor Quarterly meetings.

These scholarships are made possible by the Charlotte Regional Business Alliance, the City of Charlotte, and generous investors.

Additional Resources

Starting a Business

Are you starting a new business in Cabarrus County or the surrounding Charlotte region? These resources will help you get started.

Learning & Networking

The Cabarrus Center for Innovation and Entrepreneurship hosts monthly workshops, networking events, and other online and in-person events to support entrepreneurs in and around Cabarrus County.

Cabarrus Center FAQs

Still not sure what the Cabarrus Center is all about? Visit this page to learn more about the services and support we provide to entrepreneurs in the area.

Accelerating Local
Economic Development

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Cabarrus Center
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57 Union St. S.
Concord, NC 28025

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