Incentives
AdvantageWest helps eligible new and expanding companies take advantage of three types of state-level incentives.
Industrial Bond Issues
Industrial revenue bonds for new and expanding manufacturing facilities and solid waste disposal.
Loan and Grant Programs
Community Development Block Grants
Industrial Development Fund/Utility Fund
Business Energy Loans
One North Carolina Fund
Tax Credits
Investment Tax Credit
Jobs Creation Tax Credit
Research and Development Tax Credit
Worker Training Tax Credit
Central Administrative Office Tax Credit
Business Property Tax Credit
In addition, AdvantageWest works with local EDCs and Chambers of Commerce regarding the incentive policies that apply in their communities.
The North Carolina community college system offers state-funded customized training to North Carolina companies that need to upgrade workers' skills because of technological or process advances through its Focused Industrial Training (FIT) program.
For information about the incentives offered to eligible companies who choose to grow their businesses in North Carolina, visit the North Carolina Department of Commerce web site.
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"As a life-long resident of western North Carolina I can’t imagine a more beautiful or diverse place to live and work."
D. Samuel Neill
Attorney-At-Law & AdvantageWest Board Member
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