North Carolina Green Business Fund (North Carolina)

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Last modified on February 12, 2015.

Financial Incentive Program

Place North Carolina

Name North Carolina Green Business Fund
Incentive Type State Grant Program
Applicable Sector Agricultural, Commercial, Institutional, Local Government, Nonprofit, State Government
Eligible Technologies Comprehensive Measures/Whole Building, Custom/Others pending approval, Biomass, CHP/Cogeneration, Geothermal Heat Pumps, Hydroelectric, Hydrogen, Other Distributed Generation Technologies, Passive Solar Space Heat, Photovoltaics, Renewable Fuels, Solar Space Heat, Solar Thermal Process Heat, Solar Water Heat, Tidal Energy, Wave Energy, Wind, Unspecified technologies, Renewable Energy Technologies
Active Incentive No

Implementing Sector State/Territory
Energy Category Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Amount Varies by award

Start Date 2007-07-01

Maximum Incentive 500,000

Program Administrator NC Board of Science and Technology
Date added to DSIRE 2008-03-03
Last DSIRE Review 2011-09-06
Last Substantive Modification
to Summary by DSIRE

References DSIRE[1]


Applications for grants under the 2011 solicitation were due by 2:00 PM on April 4, 2011.

The North Carolina Green Business Fund, created in 2007, provides funding to North Carolina small and mid-size businesses, nonprofit organizations, state agencies and local governments to encourage the development and commercialization of "promising" renewable energy and green building technologies. Grants of up to $500,000 are available for the development of commercial innovations and applications in the biofuels industry, sustainable building practices and private sector investment in renewable energy technologies. North Carolina-based businesses and nonprofits with fewer than 100 employees, as well as state and local governmental entities, are generally eligible.

Grants in the green building sector may be awarded for innovation in areas of installation, certification or distribution of green building materials; energy audits; workforce development; and marketing and sales. For private sector investment in clean technologies, grants may target renewable energy deployment, biomass energy projects, waste reclamation for energy, implementation of energy efficiency technologies and clean distributed generation infrastructure improvements. Grants are also available for the development, production and distribution of biofuels in North Carolina.

The 2011 solicitation had a total of $3 million. This solicitation is now closed.

Incentive Contact

Contact Name N.C. Board of Science and Technology

Division ATTN: Green Business Fund Office
Address 301 N. Wilmington Street
Address 2 1326 Mail Service Center
Place Raleigh, North Carolina
Zip/Postal Code 27699-1326
Phone (919) 733-6500


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

Authority 1: HB 1473 (2007)
Date Effective 2007-07-01
Date Enacted 2007-07-31

Authority 2: SB 202 (sec. 14.12)

Date Enacted 2009-08-07

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"