INCENTIVE DESCRIPTION

State: NC
Incentive Type: Cash Grants and Financing Incentives
Incentive Title: Other Tax Incentives
Description: THE JOB DEVELOPMENT INVESTMENT GRANT - This discretionary incentive is available to new and expanding businesses that create new jobs in the state. This grant is calculated as a percentage of withholding taxes paid by new employees. The grant is available for up to 12 years and can not exceed $15 million per year.
Eligibility Requirements: Must be an eligible business, must be in a competitive situation, and must have net new employment in the state.
Geographic Restrictions: Statewide
Granting Authority: State of North Carolina


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.