DSI to help local businesses with a $25,000 grant from Duke Energy Foundation
Downtown Southport Inc. (DSI) to help local businesses with a $25,000 grant from Duke Energy Foundation
Downtown Southport, Inc. (DSI) was one of 30 non-profits across North Carolina that was chosen by the Duke Energy Foundation to administer a small-business microgrant program. The goal of the program is to help local businesses (from restaurants to retailers) adapt to the unprecedented challenges caused by the COVID-19 pandemic. Microgrants will range from $500 to $2,500 per qualifying business/applicant.
To qualify for the Southport Hometown Revitalization Grant Program, a small business must have less than 50 employees, have an active EIN, be a taxpaying entity, and be operating within the City limits of Southport.
The program is intended to help small businesses recover or “pivot” as a result of the COVID-19 pandemic. A pivot may include adding enhanced service or commerce space, improving e-commerce sites for online sales, or expanding capacity for delivering goods and services. Some expenditures may include furniture for expanded outdoor dining, construction costs for take-out windows, additional fixtures required for compliance with public health issues, etc. For detailed information on the Program, a complete list of qualifications, please click here. For a copy of the application, scroll to the end of this page, or click here. Applications must be postmarked by November 24, 2021, to qualify. Recipients will be announced on January 10, 2022.
Downtown Southport Inc. is a 501C3 non-profit organization dedicated to preserving the heritage and charm of downtown Southport through encouraging and supporting preservation projects, cultural events, educational programs, tourism as well as responsible economic growth in the downtown area, making Southport a vital vibrant year-round community for citizens and guests. For more information about DSI, please visit www.downtownsouthport.com/.
The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy’s customers live and work. The Foundation contributes more than $30 million annually in charitable gifts and is funded by Duke Energy shareholder dollars. More information about the Foundation can be found at www.Duke-Energy.com/Foundation.
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