More than 100 potential investors packed into Hi-Wire Brewing’s event space Nov. 10 to hear pitches from Western North Carolina small-business owners looking to raise capital for their enterprises at a gathering hosted by nonprofit Mountain BizWorks.
Mountain BizWorks is hosting its second Mountain Raise Wednesday, Nov. 10, 5:30-8:30 p.m. at Hi-Wire Brewing. The event features five WNC businesses — Cardstalk, GreenLifeTech, North Cove Leisure Club, Spectra3D Technologies and SteakAger — that will present their fundraising goals to the community in the hopes of drawing local investors from all income levels and walks of life.
Water Street opens, Bold Rock adds downtown tap room, Noble Cider adds Sunday brunch and more
While the initial round of One Buncombe money was split between emergency assistance for individuals and low-interest loans to small businesses, the new $500,000 would go entirely toward grants of up to $5,000 for business owners.
Of recipients of grants from the Buncombe County Tourism Development Authority’s Tourism Jobs Recovery Fund who responded to a recent survey, 97% were open as of June 30. Nine respondents were closed at the end of June, including five which had closed permanently.
Many people who volunteer with the Peace Corps consider it a life-defining experience. Kareen Boncales is one of them. She served in Cameroon from 2009-11 in small enterprise development, teaching basic business skills to everyone from farmers to boutique owners. “I really admired that entrepreneurial spirit of turning challenges into opportunities,” she recalls. “I knew […]
Asheville, home to more than 8,465 hotel rooms and counting, is providing a pathway for hotel operators to rack up some major brownie points by incorporating sustainable features and practices in plans for new hotel construction.
Outside of COVID-19, the top three business issues reported in the latest Asheville Downtown Association survey remain virtually identical to those of previous years: downtown cleanliness, safety and parking for both visitors and employees.
“I think we’re failing our community if we don’t get that $3 million out there,” said Andrew Celwyn, a member of the Buncombe County Tourism Development Authority board and owner of downtown Asheville’s Herbiary retail shop, in reference to a pot of money the authority had successfully used to support tourism businesses last year.
PPP 2.0 Help is at hand for qualifying local businesses seeking to access federal pandemic relief funding. In partnership with Dogwood Health Trust, Mountain BizWorks has opened the application process for a second round of Paycheck Protection Program awards. As with the first round of funding, DHT is committing $2 million to enable Mountain BizWorks […]
While county relief has heretofore been available only in the form of low-interest loans, businesses will now be able to seek grants of $5,000 to hire or rehire employees at a living wage. Staff had previously believed such a grant program to be illegal but had since received updated guidance from the UNC School of Government.
Nearly 1,050 households have received over $453,000 in emergency assistance from the fund for necessities such as housing, utilities and transportation. And roughly $853,000 has been loaned to 92 area businesses to help them weather the coronavirus’s economic impacts, contributing to the retention of 674 jobs.
Restaurants, brewers, hoteliers, tour companies and retailers were all among the 449 named Paycheck Protection Program beneficiaries with headquarters in Asheville. At least 46 of those entities also received help from the Buncombe County Tourism Development Authority to fill needs unmet by the federal loan effort.
During a June 24 meeting, the Buncombe County Tourism Development Authority board heard a presentation from marketing firm 360i about a new advertising campaign, scheduled to start in July, designed to attract a “responsible tourist audience” to the region. Ads will target visitors whose behaviors agree with “psychographic statements” about “willingness to conform.”
Funds supported with tax money from Buncombe County, the city of Asheville and the Tourism Development Authority are being managed by the nonprofit Mountain BizWorks. Because of this arrangement, government and TDA officials say they will play no direct role in determining what area businesses and nonprofits receive public dollars.
The new executive order, effective 5 p.m. on Monday, April 13, limits shoppers to 20% of a store’s permitted fire capacity or five customers per 1,000 square feet. High-volume locations such as checkouts must mark six-foot spaces to ensure social distancing in customer lines, and all stores must conduct “frequent and routine environmental cleaning and disinfection of high-touch areas.”
Resourcefulness, hard work and tenacity have proven to be indispensable ingredients for success among many of Asheville’s leading women restaurateurs.
In honor of Xpress’ Dec. 11 Specialty Shops issue, this week’s biz briefs takes a look at news related to small specialty retailers — including a look ahead to sidewalk construction beginning in January on downtown Asheville’s Haywood Street.
On Oct. 31 — over nine months after N.C. Attorney General Josh Stein announced his conditions of approval for the sale of Mission Health to HCA Healthcare — one of those key conditions was met by the naming of Gibbins Advisors as the independent monitor of HCA’s compliance with the deal.
A $940,000 award, to be administered primarily by Asheville-based nonprofit Mountain BizWorks, will fund the newly created Growing Outdoors Partnership, which aims to boost sustainable job growth in the local outdoor gear and recreation industries.
Returning for its second year, Hatch This combines techie business tropes including an accelerator, a hackathon and, of course, a party. The event takes place Friday-Sunday, Nov. 2-4. Participants will compete for $20,000 in prizes, including a $5,000 seed funding package. Also: who’s on the job, a state program to match federal business grants.