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Vice President Kamala Harris announces millions to support small businesses in North Carolina [Video]

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Business Funding

Vice President Kamala Harris announced $32 million is coming to help small businesses in North Carolina.These are federal funds made available by the American Rescue Plan, coming through the Treasury Department’s State Small Business Credit Initiative.This money will go to 10 women and minority-led venture capital firms to invest in their companies and build on their entrepreneurship.”And we are talking about clean energy companies. We are talking about AI. We are talking about technology companies in general,” Harris said.She was joined by Deputy Secretary of the Treasury Wally Adeyemo and Gov. Roy Cooper.”To start a business though you need money, and there are a lot of smart people with great ideas and a work ethic who with some capital investment can start a successful business,” Cooper said.The Biden-Harris Administration says this investment will bring in an additional $60 million in private investment; totaling more than $90 million to help grow …

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