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Mountain BizWorks receives $250K grant from Wells Fargo


ASHEVILLE — Mountain BizWorks, with offices in Boone and Asheville, announced on Dec. 28 that it received a $250,000 Open for Business grant from Wells Fargo Foundation.
Mountain BizWorks is a U.S. Treasury certified nonprofit community development financial institution. The organization stated that the grant enables Mountain BizWorks to further its programs to help local businesses survive and rebound from the COVID-19 pandemic. In particular, the support will expand Mountain BizWorks’ Catalyst Program to assist entrepreneurs that might lack access to bank lending opportunities. Two Catalyst participants have already received funding from the grant: Sole82 and Safe Plus More.
Mountain BizWorks spokesperson Justin Thompson said funding from the grant is available to those within the agency’s 26-county service footprint – including Watauga, Ashe and Avery counties. ....

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In the LimeLight: Mountain BizWorks receives 'Open for Business' grant from Wells Fargo


Editor’s note: LimeLight, the newest addition to WRAL TechWire’s growing lineup, offers ways for companies and individuals to bring more attention to their efforts.
ASHEVILLE – Mountain BizWorks, a U.S. Treasury certified non-profit community development financial institution (CDFI), has announced that it has received an Open for Business grant from Wells Fargo Foundation. The grant enables Mountain BizWorks to further its programs to help local businesses survive and rebound from the COVID-19 pandemic. In particular, the support will expand Mountain BizWorks’ Catalyst Program to assist entrepreneurs that might lack access to bank lending opportunities. Two Catalyst participants have already received funding from the grant: Sole82 and Safe Plus More. ....

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