Business
Duke Energy Foundation offers $500,000 in grants to support North Carolina small businesses
Duke Energy Foundation today announced a new grant opportunity, offering $500,000 to support small businesses in communities across North Carolina.
About this update from Duke Energy Corporation (holding Company)
[{"type":"list","items":[{"val":[{"type":"text","content":"Eligible nonprofit organizations can apply for grants of up to $25,000.","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Nonprofit organizations will use the funds to provide awards of up to $5,000 to individual small businesses.","length":108,"tagName":"p"}]},{"val":[{"type":"text","content":"Applications open now through Oct. 31, 2025.","length":44,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":223,"olType":false},{"type":"text","content":"CHARLOTTE, N.C., Oct. 16, 2025 /PRNewswire/ -- Duke Energy Foundation today announced a new grant opportunity, offering $500,000 to support small businesses in communities across North Carolina.","length":194,"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":"Zoom in: Nonprofit organizations can apply for $25,000 grants, which will then fund awards of up to $5,000 to individual small businesses. Funding 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":316,"tagName":"p"},{"type":"text","content":"Flashback: Twenty North Carolina organizations were awarded funding for small business support in 2024, including the Downtown Greensboro Foundation, the Durham Chamber Legacy Foundation and the Caraway Foundation in Anson County. Since 2020, Duke Energy Foundation has committed over $2.4 million to supporting small businesses across North Carolina.","length":371,"tagName":"p"},{"type":"text","content":"Why it matters: "Small businesses are the backbone of the economy, especially in North Carolina where they employ nearly half of th...