Small business grants in North Carolina can be obtained to help fund both startups and established companies. To help you navigate the process effectively, here are some steps.

1. Research Available Grants: First, investigate available grants that are suitable for North Carolina businesses. The NC IDEA SEED grants provide up to $50,000 for innovative startups, while the One North Carolina Fund provides cash grants for job creation in designated areas.

2. Understand Eligibility Criteria: Each grant has its own eligibility criteria. For example, NC IDEA SEED is geared to companies with proprietary intellectual property, while the One North Carolina Fund is aimed at businesses creating jobs in distressed areas. Apply only if your business meets these criteria.

3. Prepare a Strong Application:  Write a strong application outlining your business model, goals and how the grant will influence your operations. Show your financial projections and show how you are going to grow.

Following these steps will help you secure valuable funding for your small business in North Carolina.