Friday, December 15, 2017
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State Incentives and Grants

The following is a list of programs and incentives administered by the Department of Commerce. For detailed information and forms, click on the program title.

  • Community Development Block Grants

    These funds may be accessed by local government applicants (municipal or county, excluding entitlement cities or designated urban counties) with proposed projects that involve a specific business creating or retaining jobs. For additional information, contact George Sherrill, NC Commerce Finance Center Section Chief, at either 919-715-6559 or This email address is being protected from spambots. You need JavaScript enabled to view it..
  • One North Carolina Fund

    The One North Carolina Fund may provide financial assistance to those businesses or industries deemed by the Governor to be vital to a healthy and growing State economy and are making significant efforts to locate or expand in North Carolina. The fund is a competitive fund and the location or expansion must be in competition with another location outside of North Carolina. Criteria for the program is available through the NC Department of Commerce Finance Center. For more information about the One North Carolina Fund, visit https://edpnc.com/incentives/one-north-carolina-fund/.
  • Job Development Investment Grant

    This discretionary incentive may provide sustained annual grants to new and expanding business measured against a percentage of withholding taxes paid by new employees. The program is competitive and the Economic Investment Committee, which oversees it, can award up to 15 grants in a calendar year. For additional information about the program, visit https://edpnc.com/incentives/job-development-investment-grant/.
  • Industrial Development Fund

    North Carolina’s Industrial Development Fund (IDF) provides incentive industrial financing grants and loans to local municipal or county government applicants located in the 80 most economically distressed counties in the State. IDF provides funding for infrastructure and program funds are tied to job creation. Public facility projects require a minimum local government match of 25%. All applications must be reviewed and approved by the Secretary of Commerce. For additional information, visit: www.nccommerce.com/research-publications/incentive-reports/industrial-development-fund.
  • NC Commerce Building Reuse Grant

    The NC Commerce Building Reuse Program provides grants/loans to local governments to renovate vacant buildings and/or renovate, expand or construct health care facilities that will lead to the creation of new, fulltime jobs. Vacant buildings must be vacant for at least three months prior to application deadline. Spec shell buildings that have never been inhabited are not eligible, unless the building is at least five years old and has never had a tenant. Health care projects may include the renovation, expansion or construction for rural health care facilities. Priority is given to projects that create five or more new fulltime jobs and also to projects supporting a company that has paid unemployment taxes or income taxes in NC and whose principal place of business is located in the State. Priority is also given to projects in towns and communities with populations of less than 5,000. Local governments in Randolph County are eligible applicants. Depending on levels of eligibility, the grant provides between $5,000 and $12,500 per newly created fulltime job, with a maximum grant award of either $500,000 or one-half of the project cost, whichever is less. The program requires a cash match equivalent to at least 5% of the total proposed eligible renovation cost. The cash match cannot be derived from other State or federal grant funds. There is also an Existing Business Building Category which provides $10,000 per employee to eligible businesses to support renovation or expansion of occupied buildings. For additional information visit www.nccommerce.com/rd/rural-grants-programs/building-reuse or contact program director Hazel Edmond at 919-715-0061 or This email address is being protected from spambots. You need JavaScript enabled to view it..
  • NC Commerce Economic Infrastructure Grant

    The NC Commerce Economic Infrastructure Program provides grants to local governments to assist with infrastructure projects that will lead to the creation of new, fulltime jobs. Eligible projects include but are not limited to: upgrades or repair of public drinking water or wastewater treatment plants; upgrades, extensions, or repair of public water or sewer lines; extensions of publicly owned natural gas line (with an executed Pipeline Construction, Operating and Resale Agreement); installation or extension of public broadband infrastructure; construction of publicly owned access roads not funded or owned by NCDOT; and construction of public rail spur improvements. Local governments in Tier 1 and Tier 2 counties are eligible applicants. Randolph County is designated as a Tier 2 county. The grant provides $10,000 per newly created fulltime job, with a maximum grant award of $500,000. The program requires a cash match equivalent to at least 5% of the total grant amount request. For more information about the program visit www.nccommerce.com/rd/rural-grants-programs/economic-infrastructure or contact program director Melody Adams at 919-814-4661 or This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Worker Training Assistance

    Attracting and training a skilled and motivated workforce is crucial to any new or expanding company. No state has more experience helping companies with these important issues than North Carolina. The state pioneered free, customized job training for new and expanding businesses in 1958 and continues to provide the nation's most recognized customized job training service. Helping businesses maintain their competitive edge is a primary role of the North Carolina Community Colleges and their NC Works Customized Training Program. This specialized workforce-training program has helped build success for companies that now call North Carolina home, and has contributed to the multiple rankings that list North Carolina's business climate as one of the best in the nation. For additional information contact Bob Durand, Director of Customized Training, at either 336-633-0260 or This email address is being protected from spambots. You need JavaScript enabled to view it..
  • Incumbent Workforce Development Program

    The Incumbent Workforce Development Program supports training that results in lay-off aversion through skill attainment for employees. North Carolina for-profit and not-for-profit businesses that are at risk of a lay-off, have been in operation for a minimum of one year prior to the application date, are current on all federal and state tax obligations, and are financially viable are eligible to apply. IWDP funds are limited, and are therefore awarded on a competitive basis. The maximum amount is $25,000 per grant, with a lifetime funding limit of $40,000. Businesses with locations in multiple areas of the state will be treated as a single company for the purposes of determining when the lifetime maximum has been met. The IWDP is administered through the Regional Partnership Workforce Development Board in Asheboro. For more information, contact James Bain at either 336-629-5141 or This email address is being protected from spambots. You need JavaScript enabled to view it.