Appalachian Community Capital Western North Carolina Grant – Hurricane Helene
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: funding@theinstitutenc.org
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.
Aaron Soto
Commercial Loan Officer / Business Development
46 S Market St | Asheville, NC 28801
(828) 483-0671 | F (919) 688-7668
asoto@TheInstituteNC.org
Institute Capital | Small Business Lending | The Institute
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