Federal Business Programs and Incentives
Various programs and incentives are available through the federal government.  Several of these are enumerated below.

Tax Credits

• Brownfield Tax Incentive - environmental cleanup costs for properties in eligible areas made fully deductible in the year incurred, rather than being capitalized.
• Work Opportunity Tax Credit  - 35% federal tax credit on qualified first year wages paid to an employee from one of seven targeted groups.

Loan Programs
Businesses seeking financing may be able to obtain assistance through the federal government's Small Business Administration's (SBA) loan programs.  The SBA offers a number of different loan programs ranging from loan guarantees - to micro loans - to programs that can assist with real property purchases.

State Business Programs and Incentives
The following business assistance programs are provided by the State of North Carolina: