Spartanburg County’s
Small & Minority Business
Development Initiative

Power Up Spartanburg, led by OneSpartanburg, Inc. and funded by Spartanburg County, is a movement to transform Spartanburg County into the #1 place in the U.S. to start, run, and grow a small or minority business.

Access to
Capital & Space

Connections to financial resources and physical space are key resources small and minority businesses need to establish a foundation of success.

  • Power Up Funding made $10+ million in loans, and a pool of grant funding, available to small and minority businesses countywide. For the first two years, 30% of funds are reserved for minority-owned businesses.

    Community Development Financial Institutions (CDFIs) will serve as fiduciary agents for these small and minority business funding opportunities.

    Launched

  • Developers and property owners will be engaged to identify and activate small-scale storefronts, and micro-office or micro-retail space in active downtowns across Spartanburg County.

Technical
Support

Beyond capital and space, a host of resources are needed to start, sustain, and grow a small or minority business.

  • Power Up Spartanburg will increase access to local small and minority business accelerators. Accelerators will be expanded to cover all parts of the county.

    Launched

  • Vetted, committed subject matter experts are accessible guide the growth of small and minority businesses across Spartanburg County.

    Launched

  • Power Up Spartanburg is connecting small and minority businesses to large employers, helping them become certified and creating the opportunity for transformational business growth.

    Launched

  • Spartanburg County is a sister community for the renowned MIT Venture Mentoring Service, recruiting mentors trained to assist small and minority business owners participating in Power Up Spartanburg.

    Launched

Social
Capital

Connections are critical, so impactful events and knowledgeable community champions will be available for small and minority businesses to learn from.

  • This event series connects small and minority businesses to local experts, small business success stories, and valuable networking sessions to further the impact of the initiative's resources.

    Launched

  • A group of community captains countywide are part of an extensive contact and resource list, providing small and minority businesses the tips, contacts, and knowledge they need.

    Launched

In bright green letters against a black background, the logo for The Grid features a capital G with a lightning bolt as part of the design

Resource Hub

Powered by Duke Energy, The Grid will empower small and minority business owners to make impactful connections, find critical information, and broaden their network. The Grid is designed to serve as a roadmap for starting, sustaining, growing, or exiting a small or minority business in Spartanburg.

Fall 2023

Upcoming Events

Looking for resources to grow your small or minority business, or hoping to take the next step for your big idea?

Implementation Partners