Job Development Investment Grant (JDIG)
North Carolina Department of Commerce
About this opportunity
In situations where North Carolina is competing with other attractive business locations, our competitive incentive programs can come into play. The Job Development Investment Grant (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. Grants are awarded only in competitive recruitment or retention situations. JDIG grants hold companies to strict performance targets, but the grants can significantly help offset the cost of locating or expanding a facility in the state. Grant payments are paid annually over time, for terms of up to 12 years, following a yearly, rigorous performance review conducted by the Departments of Commerce and Revenue. JDIG awards are calculated by weighin...