In close cooperation with the state of North Carolina, as well as regional and local economic development partners, the North Carolina Global TransPark makes available a variety of competitive, performance-based incentive packages to attract the best companies.
Global TransPark Incentives
- Discretionary, private-sector project support from the Global TransPark Foundation
- Use of training and meeting facilities at the Spirit AeroSystems Composite Center of Excellence
- Foreign Trade Zone savings
- Real property tax exemptions on facilities owned by Global TransPark
Local Economic Development Incentives
- Local incentives based on capital investment and job creation
- Considered on a case-by-case basis
North Carolina Incentives
North Carolina's targeted, performance-based incentive programs help companies that are locating and doing business in North Carolina by lessening the tax burden and lowering overall costs to the company.
These incentives are:
- County Development Tier Designations
- Job Development Investment Grants
- One North Carolina Fund
- Community Development Block Grant, Demolition Program
- Rural Division, Rural Building Demolition Program
- Community Development Block Grant, Building Reuse Program
- Rural Division, Building Reuse Program
- Community Development Block Grant Economic Development Program
- Utility Account
- Rural Division Economic Infrastructure Program
- N.C. Departments of Commerce and Transportation Joint Economic Development Program
- Rail Industrial Access Program
- Workforce Development
- Large Fulfillment Facility
- R&D and Software Publishing Sales Tax Exemption
- Data Centers Sales & Use Tax Exemptions
- Historic Preservation Tax Credit
- Manufacturing
- Pollution Control and Abatement & Recycling
- Foreign Trade Zones
- N.C. Biotechnology Center Economic Development Award