Incentives that pay off for business and for North Carolina communities.
Two discretionary, performance-based incentive programs offer companies options to offset the cost of locating or expanding in North Carolina. Through the Job Development Investment Grant (JDIG) and the One North Carolina Program (One NC), we tailor grants to best fit the needs of the community attracting jobs and the company making an investment.
Job Development Investment Grant (JDIG)
The JDIG award is North Carolina's signature economic development incentive and can often be a decisive factor in a company's decision to expand or locate in North Carolina.
Job Development Investment Grants are considered in situations where the state is competing with other attractive business locations.
A sample of companies awarded JDIG grants include:
- Apple, the personal technology company, selecting Research Triangle Park for its first East Coast R&D campus and engineering hub, creating 3,000 jobs • announced April, 2021
- Toyota, the global auto manufacturer, selecting the Greensboro-Randolph Megasite for its first North American battery manufacturing plant to supply electric vehicles, creating 1,750 jobs • announced December, 2021
- Boom Supersonic, the aviation company building the next generation of supersonic airliners, selecting the Piedmont Triad Airport for its manufacturing and final assembly plant, creating 1,761 jobs • announced January, 2022
- FUJIFILM Diosynth Biotechnologies, building the North America's largest end-to-end biopharma manufacturing facility in Holly Springs, investing $1 billion and creating 725 jobs • announced March, 2021
One North Carolina Fund
The North Carolina Department of Commerce administers OneNC grants on behalf of the Governor. Awards can be deployed relatively quickly and help companies offset the costs associated with creating new jobs in the state.
OneNC grants also underscore the partnership and collaboration between the state and local jurisdictions that benefit companies that do business in North Carolina. OneNC awards require that a local government provide an incentive to match the OneNC funding. Local governments follow a formula for this required local match based on the tier designation of the county where the project is located.