CHARLOTTE, N.C. (Nov. 15, 2023) – The City of Charlotte’s Corridors of Opportunity today announced the recipients of the $4.45 million Business Opportunity Hub grant, which tasks recipients with creating a space to connect small business owners, entrepreneurs and residents to financial assistance, access to capital, job opportunities and more. The six hubs will reduce barriers that underserved and underrepresented small business owners, entrepreneurs and residents face in accessing programs and resources needed to recover, grow, stabilize, start their businesses, or find employment.
“The Business Opportunity Hub grant not only empowers the Corridor but strengthens all of Charlotte, ensuring that our city’s future is one of inclusivity and prosperity,” said the Mayor of Charlotte, Vi Lyles. “Congratulations to the grant winners for this opportunity and for their commitment to addressing the needs of our underserved areas. Initiatives like the Business Opportunity Hub are vital to the well-being of Charlotte’s communities, and we strive to connect people to the resources they need to thrive.”
The grant recipients are located in the city’s six Corridors of Opportunity communities, including North Graham/North Tryon, Sugar Creek/Interstate 85, Albemarle Road/Central Avenue, Beatties Ford Road/Rozzelles Ferry Road, West Boulevard, and Freedom Drive/Wilkinson Boulevard.
Recipients will provide services that target each corridor’s specific needs while also serving as a direct referral to services available at all six of the hubs. With this model, residents and businesses in each corridor will have direct access to the broader range of programs, services, resources and training available from all six hub operators.
