+ (704) 782-4000

Business Incentives

As any company looking to build or relocate in Cabarrus County needs to know, there are several tax credits, competitive grants and discretionary funds available to assist in attracting business to the region. It is these types of financial incentives and training programs that help to spur growth and create jobs by establishing a healthy and competitive environment with which to do business.

Local Grants

Cabarrus County -- along with its municipalities and the State of North Carolina -- offers competitive grants, financial assistance and training programs for new and existing companies.

Within Cabarrus County

Grant

Description

Requirements 

Cabarrus County Economic Development Grant Program

To help increase employment opportunities in Cabarrus County 

Minimum capital investment $1.5 million 
Equivalent to 85% taxes paid 
for 3 consecutive years

City of Concord Economic Development Grant Program

To stimulate job growth of new or existing industries in the City of Concord

Minimum capital investment $1.5 Million 
Equivalent to 85% taxes paid 
for 3 consecutive years

Additional grants are also available.

City of Kannapolis Economic Development Grant Program

To stimulate job growth of new or existing industries in the City of Kannapolis

Minimum capital investment $3 Million 
Equivalent to 85% taxes paid 
for 3 consecutive years

Town of Mount Pleasant Economic Development Grant Program

To stimulate development of new industries and expansion of existing businesses.

Minimum capital investment $1 Million 
Equivalent to 85% taxes paid 
for 3 consecutive years

Additional grants are also available.

 

North Carolina Incentives

For information on financial incentives offered by the Economic Development Partnership of North Carolina.

Phone: (704) 782-4000
Office Hours:
Monday - Friday from 8:30 am to 5:00 pm

Contact Us

Contact Us

Cabarrus EDC ©2017. Website by Accrisoft