Job Development Investment Grant — Transitional Project

JDIG Transitional Project

Funds transformative development projects in North Carolina through staged review during major expansions.

Eligibility · United States · US-NC

The JDIG Transitional Project tier is administered by the North Carolina Economic Investment Committee (EIC) under the authority of N.C. Gen. Stat. § 143B-437.50. It is a performance-based, discretionary cash grant program structured in two sequential phases to support very large, phased capital investments in North Carolina. The EIC — composed of the Secretary of Commerce, Secretary of Revenue, State Budget Director, and one legislative appointee from each chamber — reviews and approves Transitional Project applications on a rolling, discretionary basis with no published deadline cycle.

Phase I requires the applicant to commit to at least 1,750 net new jobs and at least $1 billion in capital investment, with a base performance period of up to 5 years and a total grant term of up to 20 years. Phase II escalates to a minimum of 3,875 net new jobs and $3 billion in capital investment, with a base performance period of up to 10 years and a total term equal to the base period plus 30 additional years — effectively up to a 40-year commitment. Reimbursement under both phases reaches up to 90% of annual withholding taxes generated by qualified new jobs, paid in arrears after annual verification of hiring, wages, and investment by the NC Departments of Commerce and Revenue. The county tier split (Tier 1: 100% to company; Tier 2: 90% company/10% Utility Account; Tier 3: 75% company/25% Utility Account) applies throughout.

Only for-profit companies in competitive site-selection situations are eligible; nonprofits, universities, and individuals are ineligible. Health insurance coverage of at least 50% of premiums for new employees is required. The Transitional tier is designed for megasite or multi-phase campus investments — manufacturing, semiconductor fabrication, energy, or large transport projects — where capital commitments expand substantially over time. Companies that fail annual performance benchmarks forfeit outstanding grant payments.