![]() ![]() The program provides businesses and entrepreneurs of all stages a roadmap to success with training and technical assistance, mentorship, and guidance. In the 1960s, urban renewal projects displaced residents while rebuilding the neighborhood to be what is known today as Green Meadows. Known as Brooklyn, the community was located in and around 7th Avenue and included homes, civic organizations, and many Black-owned businesses. ![]() "We aim to draw attention to the history of the 7th Avenue District and identify opportunities to infuse some of the entrepreneurial spirit into the present day and have highlighted that through the partnerships in this program,” explained Bruce Waller, executive director of Black Wall Street AVL. BWS AVL utilizes a ‘family’ model for new entrepreneurs of color to increase accountability and camaraderie among new business owners. To help connect with historically underutilized businesses, program partners Black Wall Street AVL will provide an important connector between resources available. The program includes a focused outreach to low-to-moderate income residents, women, and people of color, paying close attention to the 7th Avenue District which was historically a hub of Black-owned businesses. “We want this program to support the entire process for our local businesses, from creating or updating a solid business model that will thrive in our downtown, to ensuring they have the access to financing that is difficult to obtain for any entrepreneur, especially those without a large down payment or other equity to use as collateral.” ![]() “Our goal in the program is to highlight training and support that already exists in the region, and further connect to loan capital businesses need in order to start or grow,” said Jamie Carpenter, Downtown Manager with the City of Hendersonville. Training and program offerings are available to anyone, including current businesses already operating in downtown Hendersonville. The Downtown Hendersonville Opportunity Fund is a partnership among the City of Hendersonville Downtown Program, Mountain BizWorks, Black Wall Street AVL and the Small Business Center at Blue Ridge Community College and includes support for entrepreneurs interested in launching, sustaining, and growing their downtown Hendersonville businesses. The program supports entrepreneurs at various stages of business - from idea to growth - by providing training, technical assistance, and access to loan capital. HENDERSONVILLE, NC - The City of Hendersonville is proud to announce the Downtown Hendersonville Opportunity Fund, a new initiative aimed at supporting local entrepreneurs and small businesses in Hendersonville’s Main Street and 7th Avenue Districts.įunded by a grant from the Dogwood Health Trust, the Downtown Hendersonville Opportunity Fund was created in response to the needs of local small businesses and entrepreneurs in the area, particularly those who are interested in opening a business in the Main Street and 7th Avenue Districts that make up Historic Downtown Hendersonville. Jamie Carpenter, Downtown Launches Downtown Hendersonville Opportunity Fund to Support Local Entrepreneurs and Small Businesses ![]()
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