NC Job Development Investment Grant
North Carolina Department of Commerce
About the Grant
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.
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 company, for the limited term of the grant and as long as the company meets its performance target.
Notes
Related Grants
SC Demonstration Grant
South Carolina Research Authority
The South Carolina Research Authority (SCRA) Member Companies may apply for a variety of non-dilutive grants, each with its own eligibility and review criteria. The objective of a Small Business Demonstration Grant is to provide a valuable solution to a corporate partner and a significant growth opportunity for a small business by developing a new product, distribution channel, customer, market, etc. The grant is intended to offer a bridge for the small business to its next inflection point in development, while also supporting a monetary and/or in-kind match by a corporate partner into a project with the small business. Demonstration Grants are limited typically to $50,000 with rare exceptions.
Innovate ND
North Dakota Commerce
Innovate ND is a voucher-based reimbursement program designed to help North Dakota entrepreneurs advance their businesses by supporting customer and market research. Each participant may receive up to $50,000 in reimbursable expenses, administered through the Entrepreneur Centers. The program is divided into two phases, each offering up to $25,000 in reimbursements. Participants have six months per phase, with a maximum of 12 months to complete the full program.
MI Supplier Conversion Grant
MI Department of Labor and Economic Opportunity
The Community & Worker Economic Transition Office will manage the Michigan Supplier Conversion Grant Program, which has allocated $31.8 million through federal funding and state support to help small- and mid-sized automotive manufacturers shift from producing parts, components or materials for internal combustion engine vehicles to materials needed in the electric vehicle supply chain. Eligible manufacturers may use these funds to offset costs associated with fixed assets, machinery and equipment, technology and training to support the transition of new production for electric vehicles or components. Eligible applicants must be domestic entities located in Michigan that are currently manufacturing products, components or materials for internal combustion engine vehicles. Companies must either have fewer than 1,500 employees or be operating a facility with 500 or fewer employees on the site where the retooling project will take place.
Wagoner Small Business Grants
City of Wagoner
The City of Wagoner has announced the availability of three small business grants aimed at stimulating local economic growth and supporting entrepreneurs. These grants are designed to assist both new and existing businesses in enhancing their operations and contributing to the community’s prosperity. -Start-Up Business Grant: Provides financial assistance to new businesses aiming to establish themselves in the area. -Existing Business Grant: Supports established businesses seeking to expand or improve their current operations. -Innovation Grant: Encourages businesses to implement innovative ideas or technologies that can lead to increased efficiency and competitiveness.
DC Storefront Improvement Grant
DC DHCD
DHCD provides funding to highly qualified community-based non-profit organizations to develop storefront façade improvement projects in low/moderate income retail/commercial areas in the District of Columbia. Typically, a project is comprised of between ten and twenty-five, preferably concentrated within a few blocks, storefronts selected by the participating non-profit. Qualified business and/or commercial property owners within the targeted area receive matching grants for general repairs/maintenance and for the installation of doors, windows, signs, storefront systems, awnings, and lighting. The non-profit organization provides the business and/or property owners with professional design and construction services throughout the storefront renovation.