Business
Duke Energy Foundation gives boost to local economies with $500,000 in support for North Carolina small businesses
Duke Energy Foundation today announced the recipients for $500,000 in grants designed to boost local economies by supporting small businesses in communities across North Carolina.
About this update from Duke Energy Corporation (holding Company)
[{"type":"list","items":[{"val":[{"type":"text","content":"Grants will help small businesses expand - lifting economic activity and creating jobs.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Twenty nonprofit organizations selected to receive grants of $25,000 to distribute to local small businesses.","length":109,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":196,"olType":false},{"type":"text","content":"RALEIGH, N.C., Dec. 11, 2025 /PRNewswire/ -- Duke Energy Foundation today announced the recipients for $500,000 in grants designed to boost local economies by supporting small businesses in communities across North Carolina.","length":229,"tagName":"p"},{"type":"image","alt":"Duke Energy logo (PRNewsfoto/Duke Energy)","displaySize":"","headline":null,"caption":"Duke Energy logo (PRNewsfoto/Duke Energy)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AZkz2p7IVk.0RFE.fpGQ7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b","width":400,"height":128}},"href":"https://mma.prnewswire.com/media/660545/Duke_Energy_New_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"How it works: Twenty nonprofit organizations have been selected to receive $25,000 grants, which will then fund awards of up to $5,000 to individual small businesses. Funds can be used by local businesses like restaurants and retail stores to complete renovations, buy equipment or technology, purchase inventory or meet other business needs.","length":342,"tagName":"p"},{"type":"text","content":"The impact: Small businesses employ nearly half of North Carolina's workforce and play a critical role in driving economic activity. Duke Energy Foundation has provided over $2.4 million to small business support initiatives since 2020.","length":240,"tagName":"p"},{"type":"text","content":"What they're saying:","length":24,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Kendal Bowman, North Carolina state president for Duke Energy: "Supporting small businesses boosts local economic activity, which has a positive impact on the communities and customers we serv...