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North Carolina Governor Josh Stein Announces $14 Million Grant for Small Business Recovery in Western Regions

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Published on November 13, 2025
North Carolina Governor Josh Stein Announces $14 Million Grant for Small Business Recovery in Western RegionsSource: Wikipedia/NCDOT Communications, CC BY 2.0, via Wikimedia Commons

Continuing efforts to bolster the resurgence of small business in the western regions of North Carolina, Governor Josh Stein announced a substantial infusion of grant funds, totaling nearly $14 million. In a release shared by the governor's office, 19 projects received support through the SmBIZ program, backed by both the state and the North Carolina General Assembly as part of a broader $55 million initiative aimed at rebuilding in the wake of Hurricane Helene.

“This new round of local government recovery grants is a much-needed shot in the arm to the main streets that businesses depend on,” stated Governor Stein on the North Carolina Office of the Governor website, as the region witnesses an ongoing rehabilitation of infrastructure essential for a thriving small business environment, last fall rapidly repaired projects in Bryson City and Maggie Valley were initiated to restore disrupted utility services due to flood damage. Administered by the state’s Department of Commerce's Rural Economic Development Division (REDD), these grants aim to repair or enhance water, sewer, gas, and telecommunication systems, as well as sidewalks and stormwater systems.

Addressing local funding needs, Governor Stein urged REDD to revise grant protocols, allowing recipients to draw a portion of funds beforehand to kick-start projects. Commerce Secretary Lee Lilley lauded the move stating, "These investments are helping Helene-impacted communities rebuild stronger, safer, and more resilient local economies." Furthermore, Assistant Secretary for Rural Development, Reginald Speight, highlighted the critical role of these infrastructure upgrades, stating, “Every repaired sidewalk, every replaced water line, and every restored main street represents hope and economic opportunity,” as mentioned on the North Carolina Office of the Governor.

The second round of awarded projects include crucial updates like the restoration of historic brick sidewalks in Asheville's Biltmore Village, an overhaul of pedestrian ramps for ADA accessibility, and stormwater infrastructure enhancements in Spruce Pine safeguarding local businesses; meanwhile, emergency repairs were conducted in Maggie Valley to rectify a compromised municipal sewer pipe, bridge structure, and additional stabilization efforts deployed to protect its drop of $1 million to replace a critical water main beneath the Tuckasegee River in Bryson City was crucial to reinstating a stable water supply for area businesses.

While these current grants address some of the damage left in Hurricane Helene's wake, the quest for recovery is far from complete. With approximately $32 million still available, REDD is accepting more applications from local governments in affected counties. Those interested can seek further details and submit their requests via the Commerce Department’s website.