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Duke Energy invests $500,000 to help small businesses grow across North Carolina

  • The Duke Energy Foundation is providing $500,000 in grants to 20 North Carolina nonprofits to support small business growth.
  • Each nonprofit will receive a $25,000 grant to distribute as microgrants to local entrepreneurs from mountains to coast.
  • Funded projects will address community-specific needs such as downtown revitalization, storefront improvements, equipment purchases, technology upgrades, & business training.
  • This initiative continues North Carolina small business support efforts with over $3 million distributed since 2020.
  • Recipient organizations include entities like Arts Davidson County, Asheville Downtown Association Foundation, & Forever Bonded.
  • The Duke Energy Foundation contributes nearly $30 million annually in philanthropic support funded by Duke Energy shareholders.
  • Duke Energy is a Fortune 150 company headquartered in Charlotte serving 8.7 million electric customers across six states.