Charlotte Offers Business Investment Grants To Attract Company Relocations

Charlotte reimburses companies between 50% and 90% of incremental net new property tax paid after they relocate or expand. These Business Investment Grants run three to 10 years.

Projects must compete for these incentives. Charlotte City Council decides who gets them.

The grants help offset costs when companies consider moving to the Queen City. Mecklenburg County and the North Carolina Department of Commerce also offer incentives.

Targeted, performance-based incentive programs work alongside North Carolina's competitive state cost structure, which already makes the state attractive. The state's Department of Commerce gives companies additional resources when they weigh relocation options.

The Meet Charlotte Team within Charlotte Economic Development guides companies through relocation. They provide market assessment and research so firms can make smart decisions for their finances.

Site selection assistance helps companies find locations. Experts work with businesses to identify properties that fit their requirements.

Custom talent acquisition strategies connect relocating firms with educational institutions, workforce development partners, state agencies, and job posting outlets — all to help companies attract workers once they set up shop in the area.

Relocation assistance provides information on neighborhoods, residential real estate, and local schools. Strategic connections link companies with business leaders, colleges and universities, and workforce development agencies.

Resources for international firms help companies navigate American life. Global affairs experts connect foreign businesses with local firms that support international companies.

The city markets itself as home to some of the world's most successful companies. The workforce drives innovation across industries, according to the city's economic development materials.

Companies interested in relocating or expanding to the area can contact the city at economicdevelopment@charlottenc.gov for more information. A Business Investment Grant packet is available for download through the city's website.

The economic development team provides companies with information and research during the decision-making process. The Meet Charlotte Team works to match company needs with available resources in the area.