New fund helps small businesses adapt to COVID-19 hardships

Honeywell and Charlotte Center City Partners created The Center City Small Business Innovation Fund to help small businesses adapt to the hardships of COVID-19. Priority will be shown to minorities, women and veteran-owned businesses.

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The program is launching with an initial investment of $2 million by Honeywell and in partnership with Foundation For The Carolinas.

“Small businesses contribute greatly to Charlotte’s growth and vibrancy, and Honeywell is proud to support them in overcoming the challenges posed by the COVID-19 crisis,” Honeywell Chairman and CEO Darius Adamczyk said.

Grants of up to $40,000 will be provided to small businesses within Charlotte’s Center City as they change their operation and business models in the wake of the COVID-19 pandemic.

“Now we have an opportunity to support Center City’s small business community as they pivot to adapt to changing times. I’m thankful for the extraordinary generosity of Honeywell, as well as the Foundation’s partnership with Charlotte Center City Partners and its forward-thinking leadership in launching this effort,” said Michael Marsicano, president and CEO of Foundation For The Carolinas.

Small businesses within a two-mile radius of Trade Street and Tryon Street will be able to apply for grants from the fund. The Center City Small Business Innovation Fund will open for applications on June 26, 2020. For more information click here.

Relief being offered for Charlotte and Mecklenburg County businesses Relief being offered for Charlotte and Mecklenburg County businesses

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