COVID-19 LOANS

One Buncombe Fund Grants for Small Businesses

One Buncombe Fund is a small business job retainage grant program to assist those individuals who have suffered substantial financial damages due to the pandemic.

Learn more

We are excited to announce that another round of funding will be available for small businesses and their employees struggling from COVID-related issues. On Sept. 21, the Buncombe County Board of Commissioners approved $500,000 for the popular One Buncombe Fund that has already helped 200+ small businesses and resulted in the retention or hiring of 1,000 local employees.

Initial Program Details

Applications will be accepted Oct. 1 – 31. All applications received prior to the deadline will be considered equally.

  • Sole proprietorships are eligible for up to $2,500.
  • Small businesses with 2-25 full-time equivalent employees are eligible for up to $5,000.
  • Businesses that received One Buncombe Fund GRANTS earlier this year will NOT be eligible in this current round. The intent is to expand the reach of these funds to those businesses that missed out last time.
  • Selected grant recipients will receive disbursements by the end of November

Full program details and a preview of the application will be posted on September 28.

 

Join Us for an Upcoming Webinar

In this upcoming webinar, we will go over eligibility, supporting documents needed, how to apply, and have time for a live Q&A.

Wednesday, September 29, 3 -4pm | Register Here.

 

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March 2021 Award Announcement

One Buncombe Fund Grant Money to Help Save 410 Living-Wage Jobs, Assist 116 Small Businesses

View the full list of grant awards

 

 

Mission

The mission of the grant funds is to support COVID-19 affected Buncombe County-based small businesses in their ability to re-open and rehire employees.

The One Buncombe Grant Fund helps small for-profit businesses reopen and rehire staff through grants. Please note that funds are limited and not all who apply will be awarded. The eligible grant amount will be based on firm size:

  • Up to $2,500 for solopreneurs or single-member organizations
  • Up to $5,000 for firms with up to 25 full-time equivalent employees

Goal

The One Buncombe Fund’s goal is to help small businesses, and especially those owned by women and people of color with an additional emphasis on sole proprietorships.