In partnership with the Small Business Center at Carteret Community College, First Rung receives micro loan applications from entrepreneurs who have completed the Small Business Academy, the Money Management course, and have a formal business plan. Forwarded by the Small Business Center Director, the proposals are reviewed at First Rung and a discussion with aspiring business owners regarding potential funding develops. First Rung Foundation plans to make loans to several start-up or early stage businesses each year based on the best fit between capital up to $10,000 and the applicants’ needs.
Carteret Community College in Morehead City, NC offers its 7-session Small Business Academy course beginning on March 7, 2022. The series repeats on May 2, 2022. Additional networking events and business roundtables are offered. Contact the Small Business Center at 252-222-6123 for more information or online at Carteret.edu. Course registration is required.