Today, we announced a new partnership with the Carolina Small Business Development Fund (CSBDF.) CSBDF is planning to make up to $5 million dollars in capital available to fuel rural public charter and private school growth, as well as additional community facilities projects.
For schools seeking capital to establish or grow, PEFNC will review the viability and strength of the project. PEFNC operates the North Carolina Public Charter School Accelerator, which inspects school plans, and, thus far, has helped 15 new schools open in underserved areas.
CSBDF has a long history of helping empower North Carolina’s rural communities with loans, business services, and tools for success.
We are excited to partner with CSBDF and look forward to helping establish more choices for more students in North Carolina!