NC Commerce

North Carolina Department of Commerce

(919) 814-4600 Location Parking
International

Application Process

 

Once a pre-application conference has been held and an application received by the Department of Commerce, an approval letter will be mailed to the applicant. If the Department does not approve the application, they will inform the applicant of the reasons. Applications will be approved or denied by the end of the month following assignment of a processing case number.



Units of government may apply for a 45-day reservation of funds for projects, to induce expanding or new employers to create new jobs. Such an application is similar to the normal application for funds but involves less detail. The minimum information presented would be the name of the company/project, location, type of industry, number of jobs proposed, and investment.



A reservation of funds must be in writing. This reservation of funds does not guarantee approval of the project. Reservation of funds will not exceed half of the program funds available and not previously committed. The Commerce Finance Center supplies a form used to request a Reservation of Funds, or otherwise, to set up funds for a project.



For more information, contact:

Mark Poole
Commerce Finance Center
(919) 814-4616
mpoole@nccommerce.com


Applications may be submitted directly to the Secretary of the Department or to:

The North Carolina Department of Commerce
Commerce Finance Center
4318 Mail Service Center
Raleigh, NC 27699-4318

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