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Topics Related to Small Business
Secretary Machelle Baker Sanders of the North Carolina Department of Commerce sent a letter to the North Carolina Congressional delegation on Monday calling for deferment of the Internal Revenue Code Section 174's amortization requirement concerning research and experimentation expenditures.
Machelle Baker Sanders affirmed her oath of office as North Carolina’s Secretary of Commerce on Monday during a ceremony at the First Flight Venture Center. Secretary Sanders’ choice of the Research Triangle Park venue honors the ongoing importance of innovation, entrepreneurship, and inclusion to the state’s economy.
Most North Carolina small businesses remain open but have seen revenues decline in the face of the COVID-19 pandemic, according to results from a new survey of North Carolina small businesses released today by the Department of Commerce. The report also shows more than half of the respondents to the survey have taken advantage of financial assistance programs and that such programs remain crucial, including the need to better connect businesses to the programs that remain available.
Governor Roy Cooper has established a North Carolina Entrepreneurial Council to support policies that encourage entrepreneurship, foster economic development, and support sustainable, high-quality jobs.
“Entrepreneurs play a key role in stimulating our economy, creating new businesses and jobs and helping to revitalize communities across our state,” said Gov. Governor Cooper. “This diverse council will elevate North Carolina’s entrepreneurial spirit and promote innovation in our economy.”
“Entrepreneurs play a key role in stimulating our economy, creating new businesses and jobs and helping to revitalize communities across our state,” said Gov. Governor Cooper. “This diverse council will elevate North Carolina’s entrepreneurial spirit and promote innovation in our economy.”
More than $207,000 in the latest round of NCWorks grants will improve the skills of North Carolina’s workers.
The NCWorks Incumbent Worker Training Grant program helps business strengthen its workforce by reimbursing participating employers for training costs. The grants are awarded twice a year. In the first quarter of this year, 30 businesses were awarded $207,598 to train 438 workers.
The NCWorks Incumbent Worker Training Grant program helps business strengthen its workforce by reimbursing participating employers for training costs. The grants are awarded twice a year. In the first quarter of this year, 30 businesses were awarded $207,598 to train 438 workers.
Goldsboro, N.C.North Carolinians will receive top honors tonight for their focus on downtowns across the state during the N.C. Main Street Awards Ceremony in Goldsboro. Fourteen award winners will be recognized for excellence in downtown revitalization efforts in categories that include design, economic vitality, organization and promotion.
The Small Business Taxpayer Recovery Program launched by the NC Department of Revenue and the N.C. Small Business Commissioners Office in July is now helping more than 1,000 small businesses get back on their feet after facing financial hardships during the economic downturn.
Loans and grants support 200 new jobs statewide
Grants and loans support 272 new jobs statewide
International Trade Division partners with the Appalachian Regional Commission