Economic Incentives

Thanks to the action of the North Carolina General Assembly, companies in North Carolina can take advantage of a variety of incentives. Watauga County is currently a Tier-3 community, recognizing the thriving local economy but still allowing for generous tax credits for job creation and machinery expenditures.

Additionally, North Carolina offers sales and use tax discounts, exemptions and refunds, and infrastructure incentives. Click here for more information. Also contact the Watauga County Economic Development Office for information regarding any local incentives that might be available. Sites in Watauga County may qualify for SBA Hub Zone Program, New Market Tax Credit Program, or Tax Increment Financing. Contact the Economic Development Office for further information.

Customized Training for new, expanding and existing business and industry is provided in North Carolina by the community college network. Caldwell Community College and Technical Institute serves Watauga County through its main campus in Hudson, NC and the local Watauga Division.