Duke Energy Hometown Revitalization Grant
Heart of Brevard Awarded $25,000 Hometown Revitalization Grant from Duke Energy Foundation
The Duke Energy Foundation distributed $500,000 in grants to help small businesses across North Carolina – from restaurants to retailers – to continue their ongoing recovery from economic challenges initially triggered by the pandemic. This is the second year Duke Energy has provided targeted grants in support of downtowns throughout the state.
The $25,000 grants were awarded to 20 nonprofits, each representing one community. That organization will establish a small-business support microgrant program and deploy the funding within their local community by January 2023. The microgrants may range from $500 to $2,500 per individual business.
“Local storefronts and businesses are the heartbeat of towns across our service territory,” said Stephen De May, Duke Energy’s North Carolina president. “Last year’s inaugural Hometown Revitalization grants showed us the difference that strategic grants can make for towns throughout North Carolina. We’re honored to partner with local nonprofits and businesses to help build more vibrant communities.”
“We are excited to partner with Duke Energy to expand our current grant program, and to work with our downtown merchants and property owners to distribute grant funds that have a positive impact on our downtown community. These funds provide a transformative opportunity to facilitate and nurture business support as part of our broader economic vitality strategy.” – Nicole Bentley, executive director, Heart of Brevard
- Grant Deadline: November 14, 2022
- Grant Interviews/Presentations: December 6 from 3-6pm
- Committee Decisions: On or Before December 30, 2022
- Heart of Brevard Announcements: On or Before January 15, 2023
- Businesses must be in the Heart of Brevard district.
- Small businesses should have a storefront presence in the downtown area.
- Nonprofits that operate a storefront small business, like a resale store or café, may be included as applicants.
- Payroll, incentive pay, rent and utilities are ineligible expenses.
- Applicants will be required to submit applications, supporting documents and participate in an interview process.
- Applicants must be willing to provide key pieces of information to help track the impact of funds.
- Applicants must be willing to provide all information required on the application, plus supporting documentation if requested.
- Applicants must be willing to complete a survey providing details on the current state of their business and impact of grant funds both six-months and one-year after receiving funds.
- Grants are reimbursable and funding will be reimbursed upon receipt of grant report with expenses reported.
- Pressure washing facade and/or building
- Exterior paint (building, window trim, etc.)
- Facade repair or replacement
- Public Art Project
- Purchasing additional outdoor seating/shelter for restaurants to expand outdoor dining
- Purchasing outdoor dining seat that follows the sidewalk dining ordinance
- Purchasing outdoor heaters for winter dining
- Purchasing supplies for outdoor expansion or downtown events
- Beautification projects enhancing the appearance of the business and downtown district.
- Enhancement of the outdoor/downtown environment.
- Potential for long-term viability.
- Heart of Brevard’s Built Environment Committee will serve as the grant committee and will review applications at a special meeting on December 6th.