VIDEO: Biden Administration Helps NC Entrepreneurs Get $92 Million To Grow Their Businessses

By Michael McElroy

March 16, 2024

The Biden administration has announced tens of millions of dollars in new funding to help women-and minority owned small-businesses in North Carolina get started and grow.

The money, from the American Rescue Plan, will go to 10 venture capital funds in Durham focused on helping historically underserved entrepreneurs.

Michael McElroy, Cardinal and Pine’s political correspondent, takes a look.



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  • Michael McElroy

    Michael McElroy is Cardinal & Pine's political correspondent. He is an adjunct instructor at UNC-Chapel Hill's Hussman School of Journalism and Media, and a former editor at The New York Times.


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