RALEIGH – Carolina Small Business Development Fund (CDFI), a statewide community lender and nonprofit headquartered in Raleigh, has announced today that its Board of Directors has appointed Kevin Dick as the new President and CEO.

His tenure will begin Feb.10.

Dick has close to 23 years of experience as a senior economic and workforce development executive — the last four of which were spent as the City of Charlotte’s deputy director of economic development.

“In that role, he championed an equitable economic development and inclusion platform that included workforce development, neighborhood-based economic development, small business growth and capacity building,” it said in the release.

Kevin Dick

“His recent accolades include launching an equitable workforce development initiative, known as the Partnership for Inclusive Employment and Career Excellence (PIECE). Project PIECE was recognized by the National League of Cities in 2018 for its contributions to cultural diversity.”

Speaking on behalf of the board, W.A. Tony Hayes, board chair, said: “We are extremely pleased that Kevin will be a part of the CSBDF family. We feel that he is the right person at the right time for the organization and are looking forward to his strong leadership.”

Dick has previously held senior management roles in economic and workforce development for urban municipalities such as the City of Durham, North Carolina and the City of Dania Beach Florida, as well as urban workforce development boards such as the Broward Workforce Development Board and Durham Workforce Development Board.

He managed a variety of public and non-profit sector initiatives related to small business promotion, entrepreneurship development, cultivating public/private partnerships, and fostering community redevelopment.

Since 2010, the nonprofit CDFI has invested more than $61.5 million through 749 loans to small businesses across North Carolina helping to create or retain more than 2,544 jobs.