Job Development Investment Grant (North Carolina)

From Open Energy Information


Last modified on February 12, 2015.

EZFeed Policy

Place North Carolina


Applies to States or Provinces North Carolina
Name Job Development Investment Grant (North Carolina)
Policy Category Financial Incentive
Policy Type Grant Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Department of Commerce
Primary Website http://www.thrivenc.com/sites/default/files/incentives/financial/criteria-of-jdig-Feb-16-2009.pdf


Last Review 2014-09-15


Information Source http://www.thrivenc.com/incentives/financial/discretionary-programs/job-development-investment-grant


Summary

The Job Development Investment Grant awards cash grants to new and expanding businesses that will provide economic benefit to that state. Grants are based on job creation and investment commitment and measured against a percentage of withholding taxes paid by new employees. The program requires that the proposed project meet the following five criteria: result in net increase in employment; increase opportunities for employment; consistency with the economic development goals of the state; competitive with another state; and grant must be necessary for project completion.


Policy Contact

Contact Name Susan Fleetwood
Department Department of Commerce
Division Business and Industry Development
Address 301 North Wilmington Street
Address 2 4310 Mail Service Center
Place Raleigh, North Carolina
Zip/Postal Code 27699-4301
Phone (919) 733-9304


Email sfleetwood@nccommerce.com
Website http://www.thrivenc.com/economic-development-staff


Authorities (Please contact the if there are any file problems.)

Authority 1: G.S. §143B-437.50 to 63


















References