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North Carolina Governor Announces $55 Million Infrastructure Program

On Tuesday, April 29, Governor Josh Stein made a significant announcement aimed at aiding the recovery of small businesses in western North Carolina. The unveiling of a new $55 million state infrastructure program presents a vital opportunity for local governments to apply for grants. This initiative is specifically designed to assist small businesses that have faced challenges in the wake of Hurricane Helene.

Overview of the Small Business Infrastructure Grant Program

The Small Business Infrastructure Grant Program, also referred to as SmBIZ, is being offered by the North Carolina Department of Commerce, alongside its Rural Economic Development Division. This program is poised to provide individual grants of up to $1 million to local governments. The focus of these funds is to rebuild public infrastructure, which is essential for the operational success and sustainability of small businesses in the region.

Legislative Background and Funding Sources

The SmBIZ program leverages state funds that were allocated by the North Carolina General Assembly through the recent Disaster Recovery Act of 2025 Part 1, a measure signed into law by Governor Stein on March 19. This initiative will specifically target infrastructure projects that support small businesses with 150 or fewer employees. Notably, when it comes to funding distribution, grants will be awarded on a first-come, first-served basis, emphasizing the urgency for local governments to act swiftly.

Eligibility and Grant Utilization

Grants awarded under this program are intended for use by local governments to address specific infrastructure needs that are deemed qualifying. The North Carolina Department of Commerce, in collaboration with local governments and small businesses, will determine which infrastructure issues are a direct consequence of Hurricane Helene’s impact. These needs must reflect challenges that directly hinder access or operations of the affected small businesses.

It is crucial to note that the infrastructure projects cannot be owned by the small businesses themselves, nor can those businesses be held responsible for maintaining these upgrades. Eligible infrastructure includes, but is not limited to, essential services such as water, sewer, gas, telecommunications, high-speed broadband, electrical utility, along with sidewalk and curb improvements. These enhancements are critical for removing barriers and restoring or enhancing access to the impacted small businesses.

Application Process and Further Information

For local governments interested in applying, an application portal is available online, along with additional information regarding the Small Business Infrastructure Grant Program. Interested parties can visit www.commerce.nc.gov/SmBIZ to access these resources.

How AI legalese decoder Can Assist

Navigating the complexities of grant applications can be daunting, especially for local governments unfamiliar with legal language and requirements. This is where the AI legalese decoder comes into play. By utilizing this innovative tool, local governments, along with small businesses, can better understand the intricacies of the grant terms and conditions. The AI legalese decoder simplifies legal jargon and clarifies essential information, ensuring that applicants can effectively prepare and submit their applications. This support can ultimately enhance their chances of securing much-needed funding to help rejuvenate local communities and businesses in the wake of Hurricane Helene.

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