Attention Business Owners: ICAP has just opened a micro-grant application for business owners that suffered loss through Hurricane Helene.

Program Overview

Provide financial relief to businesses in Western North Carolina impacted by Hurricane Helene.

Eligibility Criteria

Grants amount: $5,100

Business Operation preferences:

• Registered and operational for at least one year before Hurricane Helene (verified through NC Secretary of State status)

Documentation Requirements:

• 2024 business tax returns
• Year-to-date (YTD) profit and loss (P&L) statement for 2025.
• Proof of economic or physical loss due to Hurricane Helene (e.g., photos of structural damage, financial impact statements).
• Copy of valid government issued ID

Approval Process:

• Applications reviewed through ICAP's internal approval system to ensure eligibility
• Additional site visits conducted if necessary for verification
• Selection Priority Businesses with substantial documented losses
• Those that demonstrate a strong ability to recover with financial support
  
  *Grant recipients of the Lenovo ICAP grant are not eligible.

Contact for more information or questions email: [email protected]

Business owners can reach out to ICAP The Institute NC for additional support regarding the grant and also those that may be interested in a loan product. However, currently, they cannot accept any applications that need SBA guarantee due to the government shutdown.

Source: Blue Ridge Community College Small Business Center.