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Incentives
In addition to having the lowest corporate tax rate in the US, the state offers targeted, performance-based programs to help businesses grow in North Carolina.
North Carolina Incentives and Grant Programs
By Topic
County Tier Systems
The North Carolina Department of Commerce annually ranks the state’s 100 counties based on economic well-being and assigns each a…
Community Development Block Grant Economic Development Program
The Community Development Block Grant, Economic Development Program (CDBG ED) is administered by the North Carolina Department of Commerce; it…
Economic Infrastructure Program
The Economic Infrastructure Program is administered by the Rural Division of the North Carolina Department of Commerce; it provides grants…
Joint Economic Development Program
The North Carolina Department of Transportation (NCDOT) works closely with the North Carolina Department of Commerce to provide transportation improvements…
Utility Account
North Carolina’s Utility Account provides infrastructure grants to local governments in Tier 1 and Tier 2 counties. The North Carolina…