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Financial Resources
The purpose of the Orange County Business Investment Grant Program is to stimulate successful non-farm Business Investment development and expansion in Orange County. Use of Funds – Priority will be given to ventures demonstrating a clear need for grant funds to grow their business, hire additional staff, grow the commercial tax base, and/or create a significant social and economic impact in the County.
Click Here for Business Investment Grant Guidelines
Click Here for Business Investment Grant Applications
*UPDATED NEW Deadline for Business Grant Applications is March 20, 2026 at 5:00 PM EST
*NEW Requirement: Pre-Application Meeting with Economic Development prior to submitting
Orange County actively seeks to support and increase the participation of women and BIPOC owned businesses in this grant program. Partner organizations are available to assist any applicant with the required documentation to submit the grant application. Please reach out to the Economic Development Department (edcmail@orangecountync.gov or 919-245-2325) with any questions, or for assistance getting connected with any of the partner organizations listed below.
SCORE Chapel Hill (Service Corps of Retired Executives)
104 S. Estes Drive, Chapel Hill, NC 27516
(919) 240-7765
Chapelhillinfo@scorevolunteer.org
https://chapelhill.score.org/
SBTDC (Small Business & Technology Development Center)
UNC Chapel Hill, 1700 Martin Luther King Jr Blvd
Suite 115 / CB# 1823, Chapel Hill, NC 27514
(919) 962-0389
http://www.sbtdc.org/offices/unc/#sthash.UJQjZW0L.dpuf
The Small Business Center (Durham Technical Community College)
The Chesterfield
701 W. Main Street, Suite 203, Durham, NC 27701
919-536-7241
https://www.durhamtech.edu/small-business-center
The Agricultural Economic Development Grant Program will assist local farmers to develop new sources of agricultural income through the provision of grants. Individual grant limit is $10,000. Applicants must be able to demonstrate that their operation is a verifiable farm business. The farm tract and farming operation on which the funds are to be used must be in Orange County, NC.
Click Here for AG Grant Guidelines
Click Here for AG Grant Application
AG Grant Deadline is February 28, 2026 at 5PM EST
For questions or further information please contact:
Mike Ortosky
PH: 919-270-6528
Email: jmortosk@ncsu.edu
Additional Financial Resources:
Carrboro Revolving Loan Program
The Town of Carrboro Revolving Loan Fund has assisted over 30 new and existing businesses become a reality in Carrboro.
http://www.ci.carrboro.nc.us/173/Revolving-Loan-Fund
Orange County Arts Commission
https://artsorange.org/ocacgrants/
SBA
https://www.sba.gov/funding-programs/loans
7(a) Loans
The 7(a) Loan Program, SBA’s most common loan program, includes financial help for small businesses with special requirements. This is the best option when real estate is part of a business purchase, but it can also be used for:
- Short- and long-term working capital
- Refinance current business debt
- Purchase furniture, fixtures, and supplies
The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates. Your lender will help you figure out which type of loan is best suited for your needs.
https://www.sba.gov/funding-programs/loans/7a-loans
504 Loans
The CDC/504 Loan Program provides long-term, fixed rate financing of up to $5 million for major fixed assets that promote business growth and job creation.
504 loans are available through Certified Development Companies (CDCs), SBA's community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by the SBA.
https://www.sba.gov/funding-programs/loans/504-loans
Microloans
The microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand. The average microloan is about $13,000.
The SBA provides funds to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance. These intermediaries administer the Microloan program for eligible borrowers.