City of Hickory CDBG Microenterprise Grant Program

City of Hickory CDBG Microenterprise Grant Program

Hickory, NC
City of Hickory

Money / Advice/Mentoring

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The Concept

Provides funding and support to low and moderate income business owners looking to take their enterprises to the next level.

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Who's it for?

Low and moderate income business owners looking to take their enterprise to the next level

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What problem does it solve?

The program addresses lack of funding and mentoring to assist low and moderate income business owners looking to expand their business prospects.

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How does it help?

The program provides grants and mentoring services to low and moderate income business owners in the City of Hickory.

Program Overview

The City of Hickory CDBG Microenterprise Grant Program provides grants of up to $4,000 to low and moderate income business owners developing or operating microenterprises in the City of Hickory. Funds may be used for business equipment, marketing, and inventory. Income is calculated by household size and subject to change. Currently a household of 4 would need to earn less than $41,600 to qualify for the program.

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