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North Carolina small business bureaus

There are 51small business development organizations in North Carolina. Combined, these North Caroliniansmall business bureausemploy 220 people, earn more than $44 million in revenue each year, and have assets of $127 million.
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Small business bureaus by major North Carolina cities

Metro areaNonprofitsRevenues
Charlotte
15
$8,168,069
Raleigh
11
$15,016,384
Durham
8
$8,771,567
Asheville
4
$6,831,562
Winston-Salem
3
$1,809,308
Wilmington
2
$1,504,050
Greensboro
2
$1,373,975
Fayetteville, NC
2
$85,870
New Bern
1
$0
Showing 9 of 9metros

Job trends for North Carolina small business bureaus

Employees per organizationNumber of organizations
0
8
1-10
7
11-25
2
26-100
4
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of small business bureaus in North Carolina

Revenues per organizationNumber of organizations
< $250k
18
$250k to $1M
5
$1M to $5M
8
$5M to $25M
3
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of small business bureaus in North Carolina

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1-20 of 51

Carolina Small Business Development Fund

Carolina SBDF supports small businesses in underserved communities through capital, services, and research as a certified community development financial institution.
Revenue
$10.5m
Assets
$34.4m
Employees
42
EIN
58-1903219
IRS type
501(c)(3)

Mountain Bizworks

Mountain Bizworks helps small businesses start, grow, and create jobs through learning and lending in Western North Carolina.
Revenue
$6.4m
Assets
$35.2m
Employees
34
EIN
14-1864873
IRS type
501(c)(3)

National Institute of Minority Economic Development

To improve communications among Minority business enterprises, to make the general business community aware of Minority business enterprises and the variety of goods and services that they can offer, to conduct research and develop other programs that wil....
Revenue
$6.4m
Assets
$12.7m
Employees
51
EIN
56-1579041
IRS type
501(c)(3)

Wilmington Business Development

Wilmington Business Development attracts industry to the area by promoting and improving economic assets through ally, investor, and partnership development.
Revenue
$1.5m
Assets
$1.9m
Employees
4
EIN
56-0636999
IRS type
501(c)(6)

Business Expansion Funding Corp

BEFCOR is a nonprofit that assists small businesses, authorized to approve SBA 504 Loans and Small Business Lending Fund (SBLF) loans.
Revenue
$3.8m
Assets
$6.7m
Employees
27
EIN
56-1434029
IRS type
501(c)(3)

Carolinas Virginia Minority Supplier Development Councils

CVMSDC drives economic growth by connecting MBEs and corporations. They've added members, held events, and provided scholarships.
Revenue
$1.4m
Assets
$1.6m
Employees
10
EIN
56-1191106
IRS type
501(c)(3)

Gaston Innovation Group

Gaston Innnovation Group, Inc., was formed for the purpose of improving the socio-economic conditions for citizens of Gaston County, North Carolina, by stimulating job growth through digital inclusion, small business formation and entrepreneurship.
Revenue
$766.2k
Assets
$287.3k
Employees
1
EIN
81-3076695
IRS type
501(c)(3)

Thread Capital

Thread Capital believes everyone deserves the chance to be successful. We give people the tools they need to pursue their small-business dreams, and create a better tomorrow for themselves, their families, and their communities.
Revenue
$3.0m
Assets
$11.4m
Employees
0
EIN
83-1284532
IRS type
501(c)(3)

Forward Cities

Forward Cities creates inclusive entrepreneurial ecosystems and accelerates community networks for shared prosperity.
Revenue
$1.9m
Assets
$790.5k
Employees
23
EIN
13-4302280
IRS type
501(c)(3)

Carolina Community Impact

Carolina Community Impact, Inc. (cci) is a non-profit organization that provides access to credit and asset-building techniques for individuals and small businesses.
Revenue
$1.5m
Assets
$3.2m
Employees
0
EIN
82-3990062
IRS type
501(c)(3)

The Nussbaum Center for Entrepreneurship

NC-based Nussbaum Center supports small businesses by offering low-cost furnished office and manufacturing space and shared support services.
Revenue
$1.2m
Assets
$8.0m
Employees
9
EIN
56-1577495
IRS type
501(c)(3)

Winston Starts

Winston Starts supports startups with scalable business models, collaborates with other groups, and provides office space in Winston-Salem, NC.
Revenue
$1.3m
Assets
$1.8m
Employees
5
EIN
82-1573081
IRS type
501(c)(3)

Scaleupnc

Scaleupnc is a small business development organization in Raleigh, NC that was founded in 2020.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
85-3584687
IRS type
501(c)(3)

African-American Collective

African-American Collective is a small business development organization in Durham, NC that was founded in 2019.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-2279194
IRS type
501(c)(3)

Launch Team

Launch Team is a small business development organization in Raleigh, NC that was founded in 2023.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
92-3259901
IRS type
501(c)(3)

Upper Coastal Plains Development Corporation

Upper Coastal Plains Development Corporation incubates small businesses with education, loans, and a center in Wilson serving 5 counties.
Revenue
$184.2k
Assets
$891.0k
Employees
0
EIN
56-2045572
IRS type
501(c)(4)

AB Community

AB Community educates Durham residents and business owners on community asset creation and protection through programs like Techstars StartUp Weekend and FWD Cities.
Revenue
$60.0k
Assets
$15.7k
Employees
N/A
EIN
83-1354743
IRS type
501(c)(3)

Rutherford Microentrepreneur Association

Rutherford Microentrepreneur Association is a small business development organization in Rutherfordton, NC that was founded in 2009.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
01-0926333
IRS type
501(c)(3)

Hatch AVL Foundation

Hatch AVL Foundation empowers high-growth entrepreneurs in Asheville and Western North Carolina through mentorship programs and weekly startup events.
Revenue
$185.0k
Assets
$195.9k
Employees
N/A
EIN
81-4712143
IRS type
501(c)(3)

Resilnc

Resilnc supports Black entrepreneurs in North Carolina by improving access to data, advice, and funding amid pandemic-related challenges.
Revenue
$141.5k
Assets
$48.6k
Employees
N/A
EIN
85-1335751
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S43: Management Services for Small Business, Entrepreneurs" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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