Business Growth Grant

To help you with general business needs, this grant offers up to $50,000 of 1:1 matching funds for a one-time expense. There will be 4 grants awarded.

Purpose

To help small businesses purchase goods and services necessary for meaningful growth.

What It Covers

One-time expenses for the purchase of items such as equipment or tools, professional services, or computer hardware/software.

Qualifications

  • Must have a current business license (if required at your location) at the time of grant application (and must have been active for at least one year prior to applying for the grant). License must remain paid and active until three years after the completion of the project.
  • Work cannot have started before application approval.
  • Business cannot be in default or non-compliance with any county programs, ordinances, or taxes.
  • Must sign up for the county’s email list, which provides business resource information including educational opportunities.
  • Must complete approved projects within one year of grant approval.
  • Must be a small, locally owned business (located in Mecklenburg County)—generally employing between 10 – 50 full-time or part-time employees. Note: If you are a local franchisee with no corporate support, you are still eligible to apply.

Details & Exclusions

  • Recurring expenses do not qualify (e.g., utility bills, rent/mortgage payments, salaries, late fees, taxes, license fees, membership dues).
  • Funds may not be used for: alcohol, tobacco, medicine, or similar substances; or past due bills or past expenses.
  • Receipts must be paid in full by the applicant and presented to Mecklenburg County showing a date after the grant approval date to be eligible for 50% reimbursement.
  • Home-based businesses may apply but must clearly show that the expenses are business-related, not residential in nature.
  • Maximum grant of $50,000 per business
  • Non-profit entities are not eligible.

How to Apply

  1. Complete, sign, and submit the grant application. Include all quotes, a copy of your current business license, and a signed IRS Form W-9. Submit via email, mail, or in person to the Mecklenburg County Economic Development & Tourism Office.
  2. Receive a decision via email, along with an agreement to sign if approved.
  3. Begin the work once you return the signed agreement.