Other Incentives in North Carolina

Every state offers financial incentives and sure, we’ve got those too, but there are many more incentives in North Carolina that you simply won’t find anywhere else.

North Carolina's Incentives

North Carolina has the tangibles that businesses need as well as a lifestyle that helps employees flourish. We’ve got everything from top universities and research that influences the world to a low cost of living and a pace of life that lets people get out and enjoy their surroundings. Just a few of the many reasons North Carolina consistently ranks at the top among places to live and do business. Check out this section of the site to learn all about the incentives in North Carolina, from business resources and human resources to natural resources, that give companies here a competitive advantage.

Infrastructure Incentives 

North Carolina’s proximity to many major markets and global connectivity helps to move goods and people efficiently. In fact, we have the largest state-maintained highway system in the nation as well as more than 76 public, 225 private and three international airports. Add to that the fact that we are a right-to-work state, have one of the lowest costs of doing business and a low cost of living and you can see why our population is growing at twice the national average.

Proximity to major markets – A central East Coast location and extensive transportation infrastructure within a 700-mile radius of more than 170 million U.S. and Canadian consumers with global connections via deep water ports and international flights.

Global connectivity – Statewide high-speed internet access, 100% digital switching and other infrastructure investments for advanced voice, data and video communications and networking options. Add in our three international airports and two water ports and you are easily connected with the world.

Competitive operating cost structure – Construction costs, electric rates, overall taxes and cost-of-living indices all below the national average.

A government that works for business – Our leadership makes strategic investments in education, infrastructure and technology and emphasizes sound fiscal policy through a constitutionally mandated balanced budget, reasonable tax rates and AAA bond rating.

Workforce Incentives

Our great labor environment and skilled productive workers, along with a comprehensive workforce development network and exceptional educational opportunities, ensure that people and businesses have what they need to Thrive. Our skilled workforce with highly specialized pools of talent are already here to give your company a competitive advantage. They are dependable, hardworking and more than that, they are happy. That’s because they have a diverse selection of career opportunities, specialized educational support and an array of activities for an active after-hours lifestyle catering to their interests. It makes sense that North Carolina’s workforce is successful and productive. In fact, North Carolina workers are 36% more productive than the average U.S. worker.

Strong labor pipeline

In today’s global economy, people are the most important asset to any company and North Carolina gives them what they need to flourish:

  • Exceptional educational opportunities
  • Friendly labor environment
  • Comprehensive workforce development network

There is a community college within a 30-minute drive of every state resident.

Exceptional educational opportunities – Accessible state community colleges and university systems and outstanding private institutions all constantly developing new talent. 

Skilled, productive workers and a friendly labor environment – A growing and diverse population that fuels a high-quality labor force for today’s advanced manufacturing and knowledge-based industries.

Comprehensive workforce development network – Customized recruiting, screening and training services and lifelong learning opportunities available through a coordinated network of agencies.

Life Incentives

A great place to live – Diverse geography and moderate climate for a variety of outdoor recreation activities stretching from the mountains to the beach. The state’s cultural offerings, rich history and variety of arts include everything from ballet and museums to festivals and symphonies. Our intense collegiate and professional sports rivalries are known the world over. All these activities help to create a quality of life that recruits and retains talent.