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Smaller Companies Struggle to Access Funding from Federal Economic Bills

In the quest for economic growth, some small businesses in North Carolina are facing challenges in accessing funding from federal economic stimuli, such as the Infrastructure Bill, Build Back Better, and the American Rescue Plan Act. The efforts have allocated billions of dollars for clean energy projects and have the potential to reshape the landscape for small companies. David Billstrom, owner of the consulting firm Flashing Red Light, who used to head a manufacturing company, said limited and often obstructed paths to funding have left smaller businesses grappling to secure the necessary support for their ventures. . ....

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