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You are at:Home » Duke Energy Foundation offers $500,000 in grants to support North Carolina small businesses – Duke Energy (NYSE:DUK)
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Duke Energy Foundation offers $500,000 in grants to support North Carolina small businesses – Duke Energy (NYSE:DUK)

News RoomNews RoomOct 16, 2025 10:32 am EDT1 ViewsNo Comments3 Mins Read
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  • Qualified not-for-profit companies can look for grants of approximately $ 25,000
  • Not-for-profit companies will utilize the funds to supply awards of approximately $ 5,000 to private small companies.
  • Applications open now through Oct. 31, 2025

CHARLOTTE, N.C., Oct. 16, 2025/ PRNewswire/– Duke Energy Structure today revealed a brand-new grant chance, offering $ 500,000 to support small companies in neighborhoods throughout North Carolina

Zoom in: Not-for-profit companies can look for $ 25,000 grants, which will then money awards of approximately $ 5,000 to private small companies. Financing can be utilized by regional services like dining establishments and stores to finish remodellings, purchase devices or innovation, purchase stock or satisfy other service requirements.

Flashback: Twenty North Carolina companies were granted financing for small company assistance in 2024, consisting of the Downtown Greensboro Structure, the Durham Chamber Tradition Structure and the Caraway Structure in Anson County Given that 2020, Duke Energy Structure has actually devoted over $ 2.4 million to supporting small companies throughout North Carolina

Why it matters: ” Small companies are the foundation of the economy, particularly in North Carolina where they use almost half of the state’s labor force,” stated Kendal Bowman, Duke Energy’s North Carolina president. “Through tactical grantmaking, the Structure assists to promote regional economies, produce tasks and foster financial development in the neighborhoods where Duke Energy runs.”

How to use: Qualified nonprofits can discover extra program information and use through Duke Energy Structure’s site. Applications are open now through Oct. 31, 2025

Duke Energy Structure
Duke Energy Structure offers more than $ 30 million every year in humanitarian assistance to satisfy the requirements of neighborhoods where Duke Energy clients live and work. The Structure is moneyed by Duke Energy investors.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 business headquartered in Charlotte, N.C., is among America’s biggest energy holding business. The business’s electrical energies serve 8.6 million clients in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and jointly own 55,100 megawatts of energy capability. Its gas energies serve 1.7 million clients in North Carolina, South Carolina, Tennessee, Ohio and Kentucky

Duke Energy is performing an enthusiastic energy shift, keeping client dependability and worth at the leading edge as it develops a smarter energy future. The business is purchasing significant electrical grid upgrades and cleaner generation, consisting of gas, nuclear, renewables and energy storage.

More info is readily available at duke-energy. com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and check out lighting for stories about individuals and developments powering our energy shift.

Contact: Garrett Poorman

24-Hour: 800.559.3853

X/Twitter: @DukeEnergyNC

SOURCE Duke Energy



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