Small Business Investment Grant
If a new or existing business has made investments in business personal property and/or real property during the Calendar Year and if those investments increase the net taxable value of the business by at least $10,000 (but less than $1,000,000), the business may qualify for the Small Business Investment Grant. For more detailed information, please see the Small Business Grant Brochure and/or the Small Business Grant Application. Applications are due by April 15, each year.
2022 Small Business Grant Application (For Investment made in 2021)
Large Business Investment Grant
If a new or existing business plans to invest in business personal property and/or real property and if those investments increase the net taxable value of the business by $1,000,000 in excess of depreciation and meets all criteria, the business may qualify for the Large Business Investment Grant.
If you have additional questions regarding the grant applications or grants in general, please contact
Sara Gilbert-Kay
Sara.Gilbert-Kay@gastongov.com
**Applications are posted each year in January for the next investment grant cycle and due by April 15th. You must contact the EDC prior to investing to be eligible for the Large Business Investment Grant. The grant must go before the Gaston County Board of Commissioners for approval. If the Board approves the grant, the company will then enter into an Economic Development Agreement. Grants will not be provided without Board approval and an economic development agreement, or if construction/investment happens prior to the two.