NORTH CAROLINA INCENTIVES SUMMARY

Job Development Investment Grant (JDIG)
JDIG is a performance-based, discretionary cash grant program that assists new and expanding companies in offsetting the cost of locating or expanding a business facility in North Carolina. The grant is a percentage of the personal income tax withholdings of new jobs and weighs several factors, including the project location, the number of net new jobs, the job wages compared to the county average wage, the level of investment, and whether the company's industry is a state-targeted industry. Grants are disbursed annually for a term up to 12 years.

For high-yield projects that invest more than $500 million and create more than 1,750 jobs, JDIG may provide a grant worth up to 100% of personal income tax withholdings for up to 20 years.

One North Carolina Fund (OneNC)
OneNC is a discretionary cash grant program that allows the Governor to offer financial resources to location selection projects involving competition from other states. OneNC calculates grants based on the number of jobs created, capital investment, project location, economic impact of the project, industry type, and the project's importance to the state and region. OneNC requires a local government match for the amount of funding.

North Carolina's Customized Training Program (NCEdge)
NCEdge is available to companies new to the state and those already in the state. Trainers from one of North Carolina's 58 community colleges, part of the statewide network of technical training experts, may design and instruct customized training programs. Customized training supports job growth, technology investment, and productivity enhancement.