| Title |
Job Development Investment Grant |
| Agency |
Department of Commerce
Commerce Finance Center
N/A
|
| Web |
http://www.nccommerce.com/en/BusinessServices/LocateYourBusiness/WhyNC/Incentives/Job+Development+and+Investment+Grant/ |
| Description |
The Job Development Investment Grant (JDIG) is a discretionary incentive capable of providing sustained annual grants to new and expanding businesses measured against a percentage of withholding taxes paid by new employees. |
| Grantee Eligibility |
The Economic Investment Committee (a five-member board that makes all funding decisions pertaining to the JDIG program)evaluates the merits of a project based on a numerous criteria, including job retention, job creation, average wage, capital investment, project locaion, industry type, and competition. A company applying for the JDIG must meet certain State health insurance and workplace safety requirements. Retail and professional sports teams projects are not eligible. |
| Fund |
24609-2564 |
| State |
$20,800,000.00 |
| Federal |
Federal Amount not specified |
| Other |
Other Amount not specified |
| Funding Year |
Calendar - 2010 |
| Keywords |
business incentives, job creation |
| Assistance |
project grants; project grants |