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Duke Energy offers $500,000 to support small businesses across North Carolina

  • Duke Energy Foundation announced $500,000 in grants to support nonprofit-led small business programs across North Carolina.
  • Eligible nonprofit organizations can apply for grants of up to $25,000 by June 30, 2026.
  • Nonprofits will use these funds to provide microgrants of up to $5,000 to individual small businesses.
  • Funded businesses can use the microgrants for renovations, equipment, technology, inventory, or other operational needs.
  • Applications are currently open through June 30, 2026, via the Duke Energy Foundation website.
  • In 2025, twenty North Carolina organizations received funding, including the Beaufort Business Association & Moore County Economic Development Partnership.
  • Since 2020, the foundation has committed over $2.9 million to support small businesses in North Carolina.
  • The foundation provides nearly $30 million annually in philanthropic support, funded by Duke Energy shareholders.