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Program

Job Development Investment Grant — Transformative Project

Funds flagship North Carolina investments through long term performance based incentives.

NC Economic Investment CommitteeNorth CarolinaGrant

Job Development Investment Grant -- Transformative Project is the top JDIG tier under the North Carolina Economic Investment Committee, the body that awards performance-based cash grants through the North Carolina Department of Commerce. It is reserved for marquee projects that can move the needle on North Carolina employment and capital investment, and the grant is paid only after performance is verified. The Transformative tier starts at 3,000 or more net new jobs and at least $1 billion in investment, with reimbursement tied to withholding taxes and approval-based terms that can run up to 30 years. One public example, VinFast, reached $316.1 million over 32 years, while other cited recipients include Toyota Battery Manufacturing, Apple's RTP R&D hub, and Wolfspeed's semiconductor plant. The instrument is a grant, the geography is North Carolina, and the eligibility profile is limited to for-profit companies operating in the United States. This tier fits companies making a high-stakes site decision where the scale of payroll and investment justifies a bespoke incentive package. The best candidates can show a real recruitment or retention contest, a credible capital plan, and a project large enough to satisfy the statutory thresholds. Transformative Project is the closest JDIG comes to a flagship deal, so the useful signal is not early experimentation but a proven path to a major, multi-decade commitment.

AerospaceAIEnergy TechAdvanced ManufacturingSemiconductorsMobility

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.

Last verified: 29 May 2026Source: edpnc.com