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Incentives For Locating In Southeastern North Carolina

Tax Credits - Tax Credits are available for job creation, investment in machinery and equipment and job training.

Industrial Training - Customized training for employees is provided at no cost to the company by the North Carolina Community College system.

Industrial Development Fund - Provides grant funds for infrastructure needs via the local government.

Industrial Development Fund loans are made to businesses for building upgrades or the acquisition of new machinery and equipment.

Community Development Block Grant - Provides grant funds for infrastructure needs via the local government. The unit of local government must own the infrastructure.

Industrial Revenue Bonds - Tax-exempt bonds are available for building, equipment, and land. Composite Bonds allow companies with capital investments under $2 million to apply for revenue bonds and gain the advantages of lower interest rates.

Job Development Investment Grant - discretionary grant that may be available based on economic impact of project for jobs, investment, and wages.

One North Carolina Fund - discretionary grant that may be used to provide financial assistance to a business or industry making significant efforts to establish a new facility or expand and existing one in North Carolina.

Regional Incentive Program.

Incentive Programs from counties.

Progress Energy Carolinas, Inc. Incentives.

Taxpayers located in development zones gain additional tax credit enhancements.

Detailed incentive information can be found here.