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One North Carolina Fund

One North Carolina Fund

Funds competitive North Carolina initiatives that generate employment and economic activity through public support.

OpenNC Department of CommerceUnited StatesEligible in North Carolina

The One North Carolina Fund (OneNC) is a discretionary cash-grant program administered by the NC Department of Commerce on behalf of the Governor, designed to help the state respond quickly to competitive job-creation projects. Grants are awarded based on job creation, investment level, project location, economic impact, and regional importance. The Governor makes the final award decision followin…

Discretionary Governor's grants for competitive business recruitment and expansion in North Carolina, funding equipment, building improvements, and utility infrastructure tied to net new job creation.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.25%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 22 Jul 2026Source: www.commerce.nc.gov