$1 million grant supports minority entrepreneurs in High Point

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HIGH POINT, NC (WGHP) — A $1 million grant will provide ongoing support to members of Thrive High Point, which is a program that provides minority entrepreneurs with additional training and networking opportunities.

This week, the High Point City Council accepted the grant from the North Carolina Department of Commerce.

“We know we want to put more money into our business coaching and consulting where our companies can actually sit down and work one-on-one with subject matter experts doing business coaching,” explained Dr. Bryle Henderson Hatch, Executive Director of Thrive Point High.

He said some of the funds could create micro-grants for businesses.

“Instead of applying for micro-loans, you’re a business owner who actually receives a grant that you don’t have to repay to scale your business. When you’re a small business owner, it can range from website hosting, marketing, production, rental and lease space,” Hatch said.

Angel Hendrix is ​​one of approximately 200 members of the organization.

“I don’t think I can put a price tag on Thrive at all. I’ve just been super focused since becoming a member. My business has grown,” she said on Friday.

Hendrix said digital marketing courses, eight-week programs and networking opportunities propelled her business.

After 17 years in insurance, she took the plunge to open NC Solution Group in October 2021.

“Being a single mom and wanting to support my family and have that stable salary… it’s kind of scary to walk away from that, but I said it was the perfect opportunity. If I want to do it, I have to jump over there,” Hendrix said.

She is excited about the opportunities the grant will provide.

“For me to get a micro-grant would be wonderful, help me buy more equipment, maybe update my website, do more ads, more flyers, things of that nature to help connect with my audience,” she said.

You can read more about Thrive High Point here.

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