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One North Carolina Fund is sponsored by North Carolina Department of Commerce. The One North Carolina Fund is a discretionary cash-grant program that allows the Governor to respond quickly to competitive job-creation projects. Awards are based on the number of jobs created, level of investment, project location, economic impact, and project importance to the state and region.
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One North Carolina Fund | NC Commerce The One North Carolina Fund (OneNC) is a discretionary cash-grant program that allows the Governor to respond quickly to competitive job-creation projects. The North Carolina Department of Commerce administers OneNC on behalf of the Governor.
Awards are based on: The number of jobs created The location of the project The economic impact of the project The importance of the project to the state and region. The OneNC program utilizes North Carolina's economic development tier system in its operations. This tier system is incorporated into OneNC to encourage economic activity in the less prosperous areas of the state.
The North Carolina Department of Commerce annually ranks the state’s 100 counties based on economic well-being and assigns each a tier designation. More details on how the economic development tier system operates is available . Guidelines & Statutes: One North Carolina Fund One North Carolina awards are allocated to local governments as part of a negotiated challenge grant.
By statute, OneNC requires that a local government provide an incentive to match the OneNC funding. The required local match depends on the tier designation of the county . In a Tier 1 county, the local government must provide no less than one dollar for every three dollars provided by One NC.
In a Tier 2 county, the local government must provide no less than one dollar for every two dollars provided by One NC. In a Tier 3 county, the local government must provide no less than one dollar for every one dollar provided by One NC.
Funds awarded from the One North Carolina Fund to a company must be used for: Installation or purchase of equipment Structural repairs, improvements or renovations of existing buildings Construction of or improvements to water, sewer, gas or electric utility distribution lines or associated equipment for existing buildings Construction of or improvements to water, sewer, gas or electric utility distribution lines or associated equipment for new or proposed buildings to be used for manufacturing and industrial operations Basic Requirements for Eligibility In order for a project to be considered for OneNC, the following criteria must be met: The project must be competitive with locations outside North Carolina and remain competitive until the grant is formally awarded.
The project must meet the county average wage requirement. The local government must match the grant via cash, fee waivers, in-kind services, infrastructure improvement or donations of land, buildings or other assets. The company must provide health insurance and pay at least 50% of the premiums for participating employees.
The company must meet statutory occupational safety and environmental compliance requirements. Applications are accepted on an ongoing basis and subject to availability of funds. The North Carolina Department of Commerce reviews applications and makes recommendations for funding to the Governor.
OneNC funding is dispersed in 25% increments as the company creates new jobs. For instance, if a company commits to creating 100 jobs over three years, as soon as the company has created the first 25 jobs, it is eligible to receive 25% of the award.
North Carolina statute requires that the company maintain at least 90% of the new jobs in operation at the project location, or at another approved site in North Carolina, for a period of up to two years after the grant end date. Guidelines & Statutes: One North Carolina Fund § 143B-437. 70.
Legislative findings and purpose § 143B-437. 71. One North Carolina Fund established as a special revenue fund § 143B-437.
72. Agreements required; disbursement of funds § 143B-437. 73.
Program guidelines § 143B-437. 74. Reports; study § 143B-437.
75. Cash flow requirements § 143B-437. 07.
Economic development grant reporting This page was last modified on 08/10/2022
According to the current listing, eligibility includes: Companies undertaking competitive job-creation projects in North Carolina. Confirm the full requirements in the official notice before applying.
One North Carolina Fund is funded by North Carolina Department of Commerce. Verify program details on the funder's official page before applying.
This opportunity targets applicants in North Carolina. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
One North Carolina Small Business Program - SBIR/STTR Phase I Incentive Funds Program is sponsored by North Carolina Department of Commerce. This program provides reimbursement to qualified North Carolina businesses for a portion of the costs incurred in preparing and submitting Phase I Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposals to federal agencies.
One North Carolina Small Business Program (SBIR/STTR Phase I Incentive Funds Program) is sponsored by North Carolina Department of Commerce. This program provides reimbursement to qualified North Carolina businesses for a portion of the costs incurred in preparing and submitting Phase I Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposals to federal agencies. The goal is to increase the number and quality of NC applications for federal SBIR and STTR Phase I awards.
The Homeless Youth Program is a grant from the Illinois Department of Human Services that funds services for homeless and at-risk youth across Illinois. Administered through the Office of Community and Positive Youth Development, it supports nonprofit organizations delivering shelter, outreach, and support services to young people experiencing homelessness or housing instability. Eligible applicants are Illinois-based nonprofits with demonstrated capacity to serve youth. Awards range from $100,000 to $800,000 per year under CSFA number 444-80-0711. This is a FY 2026 funding opportunity with an application deadline of May 21, 2025.
Community Investment Tax Credit Program (CITC) is a grant from the Maryland Department of Housing and Community Development that provides state tax credit allocations to 501(c)(3) nonprofits, enabling them to attract private donations from individuals and businesses. Donors contributing $500 or more to approved projects receive tax credits equal to 50% of their contribution. The program has leveraged nearly $27 million in charitable contributions to approximately 700 projects statewide. Eligible project areas include education, housing, job training, arts and culture, economic development, and services for at-risk populations. Projects must be located in or serve residents of Maryland's Priority Funding Areas. The application period is typically held annually.
The Families First Community Grant Program is a competitive grant initiative from the Tennessee Department of Human Services (TDHS) offering approximately $27 million in funding to support nonprofit organizations serving low-income Tennessee families. Grants fund programs across four priority areas: education, health, economic stability, and family well-being, aligned with TANF goals of promoting self-sufficiency. Eligible applicants are 501(c)(3) nonprofits based in Tennessee that provide direct services to economically disadvantaged families. The 2025 application cycle closed July 10, 2025. This program reflects Tennessee's broader commitment to strengthening communities through strategic investment in local organizations that address the root causes of poverty.
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