The Job Development Investment Grant (JDIG) is a discretionary incentive that provides sustained annual grants to new and expanding businesses measured against a percentage of withholding taxes paid by new employees.
The New and Expanding Industry Training (NEIT) program is a partnership between the North Carolina Community College System and Coastal Carolina Community College designed to help employers remain competitive, productive, and profitable through customized training programs. In most cases, eligible companies will receive this training at little to no cost.
The One North Carolina Fund is used to help recruit and expand quality jobs in high value-added, knowledge-driven industries. It also provides financial assistance to those businesses or industries deemed vital to a healthy economy that are making significant efforts to expand in North Carolina.
Golden Leaf Foundation grants may be available to support job generating activities in North Carolina counties that have been negatively impacted by the decline in tobacco production.
Building Reuse Programs provide grants for three purposes: renovation of vacant buildings; renovation or expansion of a building occupied by an existing North Carolina company wishing to expand in its current location; and renovation, expansion or construction of health care entities.
North Carolina provides workforce development assistance through recruiting, screening, and training services through a coordinated network of nationally recognized economic and workforce development agencies.
North Carolina offers sales and use tax exemptions for manufacturing machinery and equipment; electricity, fuel and natural gas for manufacturing facilities, raw material for manufacturing, and inventories.
The state offers property tax exclusions on pollution control and abatement equipment and recycling. It also offers a sales and use exemption for pollution control and abatement equipment.
Onslow County is part of Foreign Trade Zone #214. A Foreign-Trade Zone, or FTZ, is like a “duty-free” zone for businesses. FTZs are geographical areas at or near a U.S. Port of Entry where commercial merchandise is treated by U.S. Customs as if it were “outside the commerce of the United States.” The U.S. FTZ Board licenses designated sites within an FTZ to have this special status.
Onslow County Government is committed to the diversification of our economy. Onslow County will consider the award of economic development grants in accordance with North Carolina State Law. Economic development grant elements which Onslow County could consider include: installation of infrastructure, employee training grants, grants to cover portions of company moving expenses, and assistance with property acquisition. Historically, the level of investment of the company in the community, coupled with the number and type of job created influence the level of economic development grants offered. Following the receipt of information from a company, a specific economic development package would be created by the County for that project.
Municipal programs may be available to eligible companies to support projects resulting in significant capital investment and the creation of high-quality jobs.
Please contact us to learn more.