Burke Center for Economic Development

Organization:
Olive Hill Community Economic Development Corporation, Inc.
Amount:
$56,404.03
Program Area:
Open Grants Program
County of Applicant:
Burke
Description:

The purpose of this grant is to provide funding to the Olive Hill Community Economic Development Corporation for the support of a business incubator in Valdese, North Carolina. The incubator will be co-located with a public-access computer center which will provide broadband and other services to the unemployed, the underemployed, and those with low-educational attainment. This co-location will maximize the success of emerging companies by offering access to training/educational programs, mentoring and coaching, and networking opportunities with other existing and emerging entrepreneurs. Olive Hill has received nearly $450,000 in federal Broadband Technology Opportunity Program funding for the project in addition to significant private and local government support. Western Piedmont Community College is a partner in the project and will provide entrepreneurial assistance to business ventures that locate in the center.

Contact:
Mrs. Beverly F. Carlton PO Box 4008 420 C West Fleming Drive Morganton, North Carolina 28680 (828) 522-4051
Areas Served:
Burke, McDowell, Catawba, Caldwell

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