Orange County NC Website
.� 18 <br />NORTH CAROLINA <br />the state of minds <br />Targeted, performance -based incentive <br />" ". programs complement the state's <br />competitive cost structure and low <br />business tax burden to offer businesses;a <br />cost-effective place to locate or expand. <br />The state's Article 3) Tax Credit Program <br />'( offers credits for creating jobs, investing <br />m business. property and m some cases <br />`investing in" real property Other tax <br />credits available,rr,, North Carolina address <br />research_ arid`'evelopment and the use of <br />the ; :::: <br />st.gideep -water ports. <br />^,Infrastructure financing programs, <br />;wj, <br />including bonds, grants and loans, provide <br />important resources necessary for some <br />projects. North Carolina also offers funds <br />'I(;( to construct access roads. and railroad <br />access tracks required by a new or <br />expanding industry. <br />Finally, a number of important <br />discretionary incentive programs, <br />including the One North Carolina Fund <br />and job Development Investment Grants, <br />are available to high - impact new and <br />expanding businesses for which the grant <br />is needed to carry out the project in the <br />state. <br />Though simply an overview, this <br />presentation is a valuable starting point <br />to understanding the state's incentive <br />programs. The expert counsel of <br />competent advisors, including contacts <br />at key North Carolina state agencies, is <br />advised to address the needs of individual <br />businesses. <br />For more information about the state's targeted, <br />performance -based incentives programs, contact <br />a B &i representative. <br />