The Rolesville Downtown Development Association (RDDA) has landed a $25,000 grant from Duke Energy Foundation, positioned to propel small businesses within Rolesville into their next phase of growth. Duke Energy Foundation has earmarked these funds across 20 non-profit organizations, each grant designed to further infuse businesses with up to $5,000 in aid. The RDDA, a non-profit vested in enhancing the local business environment, plans to channel these funds into its Facade Improvement Program, as reported by the Town of Rolesville's official website. The program has previously provided reimbursement funding to two local enterprises.
Founded in 2023, the RDDA shoulders the mission of amplifying Rolesville's economic vitality through concentrated efforts in business recruitment, existing business support, and synergistic efforts with stakeholders on marketing, beautification, and special events. Their initiatives aimed at bolstering downtown Rolesville have found fertile ground in the form of the 501(c)(3) non-profit's endeavors.
Duke Energy Foundation reports distributing more than $30 million each year to support community initiatives in areas served by Duke Energy. The foundation is funded by Duke Energy shareholders and focuses on social and economic development projects within its service regions, as mentioned on the official website.
