Orange County Economic Development

Financial Services and Resources

Orange County Economic Development Supports Small Businesses!

These “Growing Small Business in Orange County” brochures highlights the many small businesses, start-up ventures, and local farms and agricultural/food processing ventures that are thriving in our local community, and which are all recent recipients of the County’s small business grant and loan programs.  As directed by the Orange County Board of Commissioners, funding for these financial assistance programs have been made possible with the collection of the special ¼ cent retail sales tax (called “Article 46” funds) designated to be used for economic development purposes, following passage of the special referendum approved by Orange County voters in November 2011.   Article 46 funds help promote a variety of programs intended to help strengthen and diversity the County’s local economy, to include the attraction, growth and retention of our many valued small businesses and agricultural based operations.  On behalf of the Orange County Board of Commissioners and the County Manager’s office, Orange County Economic Development staff salutes all of our local small businesses and farms, and especially commends the operations showcased here as a successful example of the “faces of Article 46”.

July 1, 2016 – June 30, 2017

 

 

July 1, 2015 – June 30, 2016

 

 

Small Business Loan Program

Orange County’s Small Business Loan Program is a revolving loan fund designed to foster small business development and expansion of local companies with gross revenues of less than $3 million annually. The program is managed through the County’s Economic Development office and administered by a volunteer board of directors composed of local business owners, bankers and staff representing several Orange County departments.   See below for additional information on eligibility requirements and application procedures.

Loan Guidelines                         Loan Application                          Personal Financial Statement

For more information on this program contact Yvonne Scarlett at Orange County Economic Development, 919-245-2327 (yscarlett@orangecountync.gov).

Business Investment Grant Program

The purpose of the Orange County Business Investment Grant Program (Grant Program) is to stimulate successful non-farm Business Investment development and expansion in Orange County (County).  Farmers should complete the Orange County Agricultural Grant Application.

The ”Business Investment Grant” program will offer two types of grants – Small Grants (up to $1,500.00) and Large Grants (from $1,500.01 – $10,000.00).

  • Guidelines
  • Deadlines:  March 31, June 30, September 30 and December 31
  • Download applications:
    • Small –      Word     
    • Large –      Word     

Agriculture Economic Development Grant Program

The “Agriculture Economic Development” grant program will assist local farmers to develop new sources of agricultural income through the provision of cost-share grants. The program will provide two types of grants – Small Grants (p to $1,000.00) and Large Grants (from $1,000.01 – $10,000.00).

  • Click to download guidelines and application in Word format.
  • Click to download guidelines and application in PDF format.

A small subcommittee of members from the Orange County Economic Development Advisory Board, the Farmland Preservation Board, and other relevant staff will meet quarterly to review applications and make decision on possible awards.  For further information, consult the Orange County Economic Development office at (919) 245-2327.