The Business Investment Grant offers discretionary cash incentives to new and existing businesses that create jobs and make taxable investments in the City of Raleigh. It encourages hiring local residents and using local minority and women-owned businesses, supporting economic growth and diversity. The program targets businesses competitive with other locations and those in identified growth clusters relocating or expanding within the city.
Eligible applicants are new and existing businesses that provide economic benefits to the City of Raleigh, are competitive with other locations, and require the grant to carry out their projects within the city. Businesses in identified growth clusters relocating or expanding within the city may als