TRANSYLVANIA Tomorrow Application
How To Apply - Eligibility Criteria
Eligibility guidelines are as follows:
- Must be a registered business in good standing with regard to state and local taxes and licenses
- Must have less than 50 full-time employees
- Must have experienced a significant loss, reduction in revenue, and/or physical damage due to Hurricane Helene
Preference are given to businesses that:
- Are independently owned
- Have been in operation for an extended time
- Have a brick-and-mortar location
- Have the greatest level of need-priority of grant awards will be directed towards businesses experiencing loss/damage of buildings, inventory, other assets, employee dislocation, and revenue reductions due to extended closure of access roads and/or other utilities.
Eligible uses of funds – payroll (exclusive of owner compensation); professional restoration; recovery and remodeling services due to storm damage; utilities, rent, mortgage payments; insurance or similar expenses; products directly used in the production of a product for sale
Application Deadlines and Grant Cycles: The current cycle starts January 15, 2025
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Community Events and Recover Efforts
Frequently Asked Questions
What types of business needs will the funds support?
The funds will support a range of needs for small businesses, including:
- Physical repairs or improvements
- Employee retention programs
- Business strategy development and marketing efforts
- Establishing or improving online sales platforms
Who is behind the Transylvania Tomorrow initiative?
The Transylvania Tomorrow program is an initiative of the Transylvania Business Support Task Force, which includes the Brevard/Transylvania Chamber of Commerce, Heart of Brevard, Transylvania Economic Alliance, Blue Ridge Community College Small Business Center, and the Transylvania County Tourism Development Authority. These organizations have come together to ensure that local businesses receive the assistance they need during this crisis.
How will funds be distributed?
Funds will be distributed to eligible businesses in Transylvania County. We are currently working on establishing the application guidelines, and more details will be available in the coming weeks.
How was Transylvania Tomorrow involved during the COVID-19 pandemic?
During the COVID-19 pandemic, the Transylvania Tomorrow Small Business Emergency Relief Fund raised and distributed $250,000, helping 111 local businesses during their time of need. The current effort builds on this success to support businesses impacted by Hurricane Helene.
Who can I contact for more information?
For more details or assistance with donations, please contact Heart of Brevard.