Local Incentives

Business Investment Grant Program (BIP)
The BIP is designed to encourage job creation and capital investment in Lake Norman. Qualifying projects that meet the requirements may receive a cash grant over a specific number of years.

Is your project eligible for the BIP?

BIP are awarded based the following:

• Location of the project
• Number of new jobs created in the community
• Level of investment made in the community

Additional Local Incentives

• Utility Rate Discounts
• Customized Training Program

State Incentives

Job Development Investment Grant Program (JDIG)

JDIG is a performance-based, discretionary incentive program that provides cash grants directly to a company, when the company creates jobs and invests in the state.

Is your project eligible for the JDIG?

JDIG awards are calculated by several factors, including:

• Location of the project
• County tier designation
• Number of net new jobs created in the state
• Wages of the jobs
• Level of investment made in the state
• Company’s industry sector, and the industry’s alignment with the state’s targeted industry sectors

One North Carolina Fund Grant Program (One NC)

OneNC is a discretionary cash-grant that allows the Governor to respond quickly to competitive job-creation projects.

Is your project eligible for the OneNC?

OneNC awards are based on:  

• Number of jobs created
• Level of Investment
• Location of the project
• Economic impact of the project
• Importance of the project in the state and region
• Availability of local match

For more information on incentives, reach out to Ryan McDaniels.