Businesses that locate in Triangle North parks receive the highest-level of state financial incentives (Tier 1) available in North Carolina – among them, $12,500 for each job they create. Companies may also receive additional financial benefits from local governments.
State Incentives
North Carolina’s targeted, performance-based incentive programs greatly lessen the tax burden and lower the overall costs for companies who are locating and doing business in the state.
Companies that meet certain requirements can take advantage of tax credits and other incentives, including sales and use tax discounts, exemptions and refunds, discretionary programs, and other cost-saving programs.
Visit the N.C. Department of Commerce Web site for the latest information available on state-level financial incentives.
Local Government Incentives
City and county governments in Franklin, Granville, Vance and Warren counties may offer additional financial assistance for companies who wish to locate and expand in Triangle North parks.
Contact Triangle North for a customized proposal outlining local financial assistance available for eligible projects.