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Small Business Grants

Helping to Fund the Growth of Rutherfordton Businesses

RTR applied and was awarded a grant from the Duke Energy Foundation for $25,000. These funds are dedicated to helping our small businesses grow and thrive in downtown Rutherfordton. 

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What can the funds be used for?

The funds can be used for items such as:

  • modifying or expanding space

  • improving or developing an e-commerce site 

  • expanding capacity for delivering goods and services

  • furniture or displays 

  • renovations

  • accessibility compliance

  • and other items may be considered

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Who qualifies?

To qualify, businesses must be:

  • located in the downtown RTR District.

  • independently owned with <50 employees with a brick-and­mortar in Rutherfordton: no chains or franchises. 

  • be ready to do the work before November 15 and provide receipt(s) for the work completed to receive the full amount

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What is the process to apply?

Businesses can apply for grant amounts between $1000-5000. To apply, click on the link below and complete the application by September 13.

  • Grants will be awarded no later than October 7.

  • Only half of the amount awarded will be paid upfront. Businesses must turn in receipts showing expenditures to receive the rest of the funding.

  • Project must be completed by November 15 and receipts submitted for full funding.

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