Small Business Incubator

Organization:
Town of Drexel
Amount:
$91,980.00
Program Area:
Community Assistance Initiative
County of Applicant:
Burke
Description:

This grant will assist the Town of Drexel with the upfit of a 6,000-square-foot building to expand an existing small business incubator. The Town views this as a positive step toward nurturing small business development and making a long-term commitment to entrepreneurship in Burke County, a recommendation identified in their economic development strategic planning process. The Town has identified three potential businesses that may be interested in locating in the incubator once additional space has been renovated. Western Piedmont Community College will provide training and mentoring for small business owners locating in the incubator.

Contact:
Mr. Matt L. Settlemyer P.O. Box 188 Drexel, North Carolina 28619 828-437-7421
Areas Served:
Burke

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