Applications will be accepted from for profit businesses located in Wilkes County. This is a quick and simple process.
There will be two categories with financial awards up to $6,000 for each. Those businesses that are new or in operation less than one year as of January 1, 2017, will make up one category and those in operation more than one year as ofJanuary 1, 2017, will form the other.
All applications must be submitted by Tuesday, Jan. 31, 2017, and must be approved and deemed appropriate for consideration by the Wilkes EDC. It is strongly suggested that each approved applicant attend a briefing session at the Wilkes EDC office on February 1, 2017.
A format for a brief business model will be provided to each applicant and is required to be completed and submitted, in hard copy and electronically if possible, on or before Wednesday, Feb. 22, 2017. The emphasis for this competition is on the creation of a new product or service to be brought to market. New jobs created from the proposal will be viewed very favorably.
Each applicant should be willing to present their business proposal, if requested, and that will require a 5 to 10 minute presentation to a small panel who will act as judges for the program. You may present by PowerPoint or physical demonstration.
It is to be understood that any business that submits an application whether approved or not, cannot be guaranteed any grant proceeds or other benefits from this project. The EDC is not endorsing any applicant by way of this project and thus no such claim should be made.
Questions can be directed to Wilkes EDC 336-838-1501 or info@WilkesEDC.com. Frequently asked questions will be placed on the website at www.WilkesEDC.com.
213 9th Street
North Wilkesboro, NC 28659 336-838-1501
Dan Little, President
Robin Hamby, Vice President
Small Business Center – WCC
1328 S. Collegiate Drive
Wilkesboro, NC 28697
Laurie Brintle-Jarvis, Director
Frequently Asked Questions
1) How long does my business plan have to be?
We do not require a specific length for your business plan; however, the plan must contain certain elements such as description of business, primary products/services, management/ownership type, financial projections, cash flow, and information on how you intend to grow and expand your business in Wilkes County. More details regarding specific information to be included in your business plan will be shared at the informational meeting on February 1, 2017. Laurie Brintle-Jarvis with the Small Business Center at Wilkes Community College can offer assistance with your business plan. Laurie’s number is 336-838-6166.
2) Does my business have to be incorporated?
No, you can operate your business as a Sole Proprietorship and register the business at the Register of Deeds.
3) How do I know if my business needs to be a Corporation, Sole Proprietorship, or LLC?
You can find more information on the definitions of each type of business, as well as the benefits for each, at www.SBA.gov. Laurie Brintle-Jarvis with the Small Business Center at Wilkes Community College can also help you determine which type is the best fit for your business. Laurie’s number is 336-838-6166.
** As more questions are asked, we will add them to this site for your reference. **