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Business Recruitment and Expansion

Business Recruitment and Expansion

The business recruitment and expansion team works with mid-sized to large companies who are looking to relocate to or establish a new facility in Charlotte, as well as current Charlotte companies looking to expand their operations.

The team works closely with regional economic development agencies, including Mecklenburg County Economic Development, Charlotte Regional Business Alliance and the Economic Development Partnership of North Carolina, to help companies make the decision to relocate to or expand in Charlotte. The business recruitment team does this through assisting companies by:

  • Providing labor market and demographic information.
  • Assisting with real estate and property searches.
  • Connecting to local education and workforce development partners.
  • Establishing incentives programs.

Since assuming the role of business recruitment and retention project management in 2018, this team has helped Centene, Credit Karma, Robinhood, Better.com, Lowe’s, Microsoft, Honeywell and many others relocate to or expand in Charlotte.

Our efforts have resulted in more than 13,400 new jobs, 4,250 jobs retained and $1.5 billion in capital investment.

Business Investment Grants

Companies looking to relocate to or expand in the Charlotte market may be eligible for a business investment grant, which is a reimbursement of incremental ad valorem property taxes. Criteria for eligibility include capital investment, location, target industry, job creation, wages of new jobs created and other factors.

Relocation/expansion projects must be competitive and considering other markets outside of Charlotte for the operation.

Business Investment Grant Overview(PDF, 394KB)

Contact Us

Please contact us at meetcharlotte@charlottenc.gov for more information on business investment grants.