Job Development Investment Grant (JDIG)

window.a2a_config=window.a2a_config||{};a2a_config. a2a_config. a2a_config. Job Development Investment Grant (JDIG) | NC Commerce FRAUD ALERT Be aware of multiple fraudulent text scams requesting payment for NCDMV or tolls. NCDMV will NEVER request payment by text. Please report it as spam and delete. Learn More article article To learn our full privacy policy . Secure websites use HTTPS certificates. A lock icon Utility Menu News Directory Contact window. ( else if (retries > 0) { setTimeout(() => check(retries - 1), 200); const overlaydrupalstyle = document.createElement("style"); overlaydrupalstyle.textContent = "body:has(.ed11y-element) "; document.head.appendChild(overlaydrupalstyle); Main menu For Business For Business Why North Carolina Locate in North Carolina Expand in North Carolina Workforce Development Key Industries in North Carolina Start a Business in North Carolina Export Assistance Business Closure Resources Site Search & Location Data Grants & Incentives Grants & Incentives Disaster Recovery Competitive Incentives Public Infrastructure Funds Building or Site Funds Rural Transformation Grants Downtown Economic Development Grants Workforce Grants Community Housing Grants Technology Funds Film Industry Grants Esports Industry Grants Major , & Attractions Fund Appalachian Region Funds Tax & Other Cost Savings County Distress Rankings (Tiers) Grants Management Documents & Reports & Reports Labor Market Data & Tools Business Information & Reports Career Resources & Tools Certified Sites Economic Development Reports Planning Services & Tools Opportunity Zones in North Carolina Maps Reference Guides for Researchers Reports for Policymakers Jobs & Training Jobs & Training Resources for Job Seekers Training Resources for Businesses Workforce Professionals Tools & Resources Careers with N.C. Commerce About Us About Us Commerce Leadership Boards & Commissions Divisions & Programs N.C. Prosperity Zones Partners & Allies Request an Appearance | Commerce Leadership Team Utility Menu News Directory Contact Search Job Development Investment Grant (JDIG) Home Grants & Incentives Competitive Incentives The Job Development Investment Grant (JDIG) is a incentive program that provides cash grants directly to a 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 the grants can significantly help offset the cost of locating or expanding a facility in the state. Grant payments are paid annually over terms of up to 12 a performance review conducted by the Departments of Commerce and Revenue.  JDIG awards are calculated by weighing a number of factors, including: The location of the project The county tier designation - more on the state's economic tier system can be reviewed here . The number of net new jobs created in North Carolina The wages of the to the given county average wage The level of investment made in the state The company's industry that industry's alignment with the state’s targeted industry sectors. JDIG grant payments are determined using a formula that takes into consideration the new taxes generated by the new jobs that are created.  A percentage of those newly generated funds are reimbursed to the awarded the limited term of the grant and as long as the company meets its performance target. JDIG | Additional Reference Materials Special JDIG Grant Categories Criteria & Statutes: Job Development Investment Grant Tab/Accordion Items Special JDIG Grant Categories For companies that create 1,750 jobs and invest $500 million in North project is categorized as a High-Yield Project (HYP) alowing a JDIG grant reimbursing up to 90% of the new personal income a period up to 20 years.

window.a2a_config=window.a2a_config||{};a2a_config. a2a_config. a2a_config. Job Development Investment Grant (JDIG) | NC Commerce FRAUD ALERT Be aware of multiple fraudulent text scams requesting payment for NCDMV or tolls. NCDMV will NEVER request payment by text. Please report it as spam and delete. Learn More article article To learn our full privacy policy . Secure websites use HTTPS certificates. A lock icon Utility Menu News Directory Contact window. (function(){var js =