Johnson C. Smith University Receives Community Development Grant
Raleigh, N.C. (Feb. 19, 2013) -- The N.C. Community Development Initiative will invest $5.85 million in 28 North Carolina nonprofits over the next three years to spark economic growth and job creation in some of the state's most distressed areas.
"These grants will flow directly to organizations that are creating vibrant commercial areas, green, affordable homes and safe spaces for children, counseling entrepreneurs and business owners and teaching working families how to save and join the financial mainstream," Initiative CEO Abdul Rasheed said in announcing recipients of two new grant programs. "By revitalizing our state's most resource-constrained communities, the community economic development sector helps strengthen North Carolina's economy overall."
The Initiative's latest grants come from two new programs: Community Enterprise Fund and Capacity Building Grants. They are made possible with financial support from the state of North Carolina, Z. Smith Reynolds Foundation, BB&T Corp. and other public and private organizations.
The Community Enterprise Fund program will award three-year grants ranging from $210,000 to $300,000 to help 19 nonprofit organizations implement strategic economic development plans in their communities. The Center for Applied Leadership and Community Development (CALCD) at Johnson C. Smith University is among the grant recipients.
CALCD serves to connect the university’s faculty, students, staff and academic and research capacities with leaders in the business, local government, nonprofit, education and faith-based sectors of the Beatties Ford Road/Northwest Corridor and greater Charlotte/Mecklenburg region. It develops constructive approaches to resolving the human, economic and social crises found throughout the area.
The grant funds will help expand the Women’s Entrepreneurship Program, workforce development activities and services in partnership with Men Who Care Global, Inc., along with other asset building and wealth creation programs.
Founded in 1867, Johnson C. Smith University is an independent, close-knit urban university located in Charlotte, N.C. It has a growing national reputation for integrating the liberal arts with[T1] business, the sciences and technology in ways that empower tomorrow’s diverse entrepreneurial citizens and leaders. Offering 23 fields of study to more than 1,600 students from a variety of ethnic, socioeconomic and geographic backgrounds, the university’s excellent academic programs focus on servant leadership, civic engagement and global responsibility. For more information about JCSU, visit www.jcsu.edu or follow the university on social media sites Facebook (www.facebook.com/smithites) and Twitter (@JCSUniversity).
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