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Economic Development & Grant Programs

Economic Development

  • Viewing Organics Recycling as an Economic Development Tool - Summit 2000: The Future of Composting and Organics Recycling (PowerPoint)
  • Recycling Business Assistance Center - RBAC provides technical assistance, offers business development opportunities that identify funding sources, and promotes partnerships among government and industry.
  • The Solid Waste Management Trust Fund provides funding for a range of solid waste management activities to help support North Carolina’s 40 percent waste reduction goal.
  • Self-Help is a community development lender that has provided over $3.9 billion in financing to more than 43,000 home buyers, small businesses, and nonprofits nationwide.
  • The Sustainable Jobs Fund is a community development venture capital fund that finances companies which foster sustainable communities through employment, revitalization, resources efficiency and environmental benefits.
  • North Carolina offers a tax exemption on equipment and facilities used exclusively for recycling and resource recovery.
  • N.C. Small Business and Technology Development Center helps small business owners (and those interested in starting a business) meet the challenges of today's business environment, manage that ever-changing world, and plan for the future of their business. 
  • The Industrial Development Fund provides industrial financing in the form of grants or loans. Several categories of funding, such as utility accounts and clean water bonds proceeds, are available for creating or expanding employment opportunities.
  • The Business Energy Improvement Program provides low interest loans for industrial and commercial business pursuing energy conservation measures.
  • The Rail Industrial Access Program is sponsored by the N.C. Department of Transportation to help ensure that companies have the track needed to transport freight and materials.
  • Industrial Revenue Bonds financially assist new and expanding industry while promoting good jobs and good wages.

Grant Programs

  • Community Development Block Grants provides funds to local government at the municipal or county level to help fund specific businesses that will create new jobs for low or moderate-income people.
  • Organics Recycling Waste Grants - The purpose of these grants is to reduce the flow of organic wastes to disposal facilities to help North Carolina achieve its 40 percent solid waste reduction goal. Viable methods to reduce that flow include source reduction, reuse, recycling, composting and increasing demand for recycled organic materials.  Both public and private (profit and nonprofit) sector applicants are eligible for funding. For more information about these grants, contact Brian Rosa, (919) 715-6524, e-mail brian.rosa@ncmail.net.
  • Recycling Business Development Grants and Community Waste Reduction and Recycling Grants are used to make grants in support of waste reduction efforts.

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