Duke Energy Foundation: $500K Available for North Carolina Small Business Support, Apply by June 30

The Duke Energy Foundation announced $500,000 in grants for nonprofit-led programs that help North Carolina small businesses start, grow, and recover. Eligible nonprofits can apply for grants of up to $25,000.

What It Covers

• Nonprofit programs that distribute microgrants to small businesses
• Microgrants of up to $5,000 for individual small businesses
• Business needs such as renovations, equipment, technology, inventory, and other operating needs

Who Can Apply

• Eligible nonprofit organizations in North Carolina
• Organizations that can run programs supporting local small businesses
• Small businesses do not apply directly to Duke Energy Foundation for this grant, but may receive microgrants through funded nonprofit partners

How to Apply

• Deadline: June 30, 2026
• Nonprofit grant size: Up to $25,000
• Small business microgrant size: Up to $5,000
• Apply: Visit the Duke Energy announcement for program details and the Foundation application path

Why This Matters

Duke Energy says small businesses employ nearly half of North Carolina's workforce. This program is designed to route capital through local nonprofits that understand their communities and can quickly distribute smaller awards to businesses.

Source: Duke Energy News Center