Job Maintenance and Capital Development Fund (North Carolina)

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Last modified on February 12, 2015.

EZFeed Policy

Place North Carolina


   
Applies to States or Provinces North Carolina
Name Job Maintenance and Capital Development Fund (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 Local



























Program Administrator North Carolina Department of Commerce
Primary Website http://www.ncga.state.nc.us/EnactedLegislation/Statutes/HTML/BySection/Chapter_143B/GS_143B-437.012.html



Last Review 2014-09-15


Information Source http://www.thrivenc.com/incentives/financial/discrestionary-programs/job-maintenance-and-capital-development-fund-grants


Summary

The Job Maintenance and Capital Development Fund provides annual grants to businesses which are located in Development Tier I counties. The Fund is intended to encourage the retention of significant numbers of high-paying, high-quality job and large-scale capital investments. Grants may be made for a term of up to ten years. The business must have at least 2000 employees and invest $200 million in capital improvements.



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: § 143B‑437.012




















References