State Programs

Job Development Investment Grant (JDIG)

The Job Development Investment Grant (JDIG) is a performance-based, discretionary incentive program that provides cash grants directly to new and expanding companies to help offset the cost of locating or expanding a facility in the state of North Carolina The amount of the grant is based on a percentage of the personal income tax withholdings associated with the new jobs This grant applies to companies that have a hundred or more employees edpnc com Search: JDIG | 919-447-7777

One NC Fund

The One North Carolina Fund (OneNC) is a discretionary cash-grant program that allows the Governor to respond quickly to competitive jobcreation projects. Awards are based on the number of jobs created, level of investment, location of the project, economic impact of the project, and the importance of the project to the state and region. This grant applies to companies that have a hundred or more employees edpnc com Search: OneNC 919-447-7777

SBIR/STTR Small Business Technology Funding

The One North Carolina Small Business Program is comprised of two programs:

SBIR/STTR Phase I Incentive Funds

SBIR/STTR Phase I Matching Funds

The SBIR/STTR Phase I Incentive Funds Program provides reimbursement to qualified NC businesses for a portion of the costs incurred in preparing and submitting Phase I Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposals to federal agencies The goal of the Incentive Program is to increase the number, quality, company, and technology diversity, and geographic breadth of NC applications for Federal SBIR and STTR Phase I awards.

The SBIR/STTR Phase I Matching Funds Program awards matching funds to NC businesses that have received a federal SBIR or STTR award. The goals of the Matching Program are to help NC companies bridge the funding gap period between the final Phase I payment and the first Phase II payment in the Federal Program, and to increase the intensity of the research conducted under Phase I, making NC small businesses more competitive in the competition for Phase II funds commerce nc gov Search: SBIR/STTR 919-814-4600

Transformative Project – Job Development Investment Grant (JDIG)

To qualify as a transformative project, the grantee (company) must create at least 3,000 jobs and invest at least $1 billion within the base period, which can now be up to ten years Once the minimum transformative project requirements are met and maintained, the company can receive annual grant payments of up to 90% of personal income tax withholdings of eligible employees for up to 30 years. In addition, if the company maintains the minimum requirements, all jobs created over the term of the grant – again, up to 30 years, can be included in the annual grant payment calculations Workers employed in North Carolina who fill expansion positions with the company because of a merger or acquisition occurring during the term of the agreement are not eligible employees for the grant edpnc com Search: Transformative Project 919-447-7777