Businesses
Government-funded
$5.0M
per applicant
Grant
Cash award, application-based
Rolling
No fixed cutoff
Rolling
Or check for open cycles
Moderate
Standard state application
Performance-based grants disbursed annually for up to 12 years to businesses creating at least 10 new jobs (5 in Tier 1 counties) at specified wage levels in North Carolina. Grants equal a percentage of withholding taxes paid by new employees, incentivizing job creation in all 100 NC counties.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Minimum 10 new full-time jobs (5 in Tier 1 counties)
2.Jobs must pay at least 110% of county average wage (100% in Tier 1)
3.Capital investment commitment required
4.Grant equals 25%–75% of withholding taxes from new employees
5.Up to 12-year grant term
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).