Venture Asheville, the entrepreneurship initiative of the Economic Development Coalition for Asheville-Buncombe County and Asheville Area Chamber of Commerce, announced that $25,000 has been raised in support of the Asheville Impact Micro Grant. Now in its second year, the Asheville Impact Micro Grant will help launch five new startups by seeding each of them with a $5,000 grant.
Applications for startups to apply for these $5,000 grants are now open through May 17. At that point, a selection committee will narrow the field to 10 finalists, and five winners will be chosen.