North Carolina keeps climbing the rankings in the Chief Executive Best & Worst States for Business. A favorable business climate, competitive tax rates, an educated workforce and low costs combined with a high quality of life continue to attract pharmaceutical and life sciences companies. Over the past year, the state has seen an increase in companies in the clean energy space. In 2022, North Carolina welcomed one of the biggest economic development projects in state history when Vietnamese EV manufacturer VinFast announced a $4 billion manufacturing plant to create 7,500 jobs.
Job Development Investment Grant: A performance-based discretionary incentive program that offers cash grants to new and expanding companies, based on a percentage of personal income tax with- holdings associated with new jobs created.
One North Carolina Fund: A discretionary cash grant program that enables the governor to quickly respond to job-creating competitive projects considering locations outside of North Carolina.
JDIG for a High-Yield Project: Offers a JDIG grant worth up to 90% of personal income withholdings for up to 20 years for a company that creates 1,750 jobs and invests at least $500 million in a project.
JDIG for a Transformative Project: Offers up to 90% of personal income withholdings for up to 30 years for a company that creates 3,000 jobs and invests at least $1 billion.
Economic Development Partnership of North Carolina
edpnc.com
North Carolina Department of Commerce
nccommerce.com
Raleigh Office of Economic Development
raleighnc.gov/business
Charlotte Regional Business Alliance
charlotteregion.com
In January 2022, the North Carolina Department of Commerce announced new small business grant funds under the One North Carolina Small Business Program. Grant awards help small businesses develop and commercialize innovative new technologies. Companies in economically distressed areas may be quality for larger awards or relaxed eligibility restrictions.
13 Fortune 500 companies are headquartered in the state, including:
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
