State of North Carolina Incentives


Financial Incentives:
The One North Carolina Fund: helps recruit and expand quality jobs in high value-added, knowledge-driven industries. It also provides financial assistance to those businesses or industries deemed vital to a healthy economy that are making significant efforts to expand in North Carolina.

Building Reuse Grants:  The Building Reuse Program, under the Rural Grants/Programs Section of the North Carolina Department of Commerce, will provide grants to local governments. Three categories of funding are available for 1) the renovation of vacant buildings, 2) the renovation or expansion of a building occupied by an existing North Carolina company wishing to expand in their current location and 3) the renovation, expansion or construction of health care entities that will lead to the creation of new, full-time jobs.  More information is available here:

Industrial Revenue Bonds: available in North Carolina to assist private business development and expansion by issuing low-interest tax-exempt bonds. Industrial Revenue Bonds, also known as industrial development bonds, IDBs, IRBs and qualified small issue bonds, offer qualified manufacturing facilities convenient long-term flexible financing.

Research & Development Tax Credits
Renewable Energy Tax Credits
Job Development Investment Grants
Community Development Block Grants
To learn more about these and other grants….