Incentive Programs

With the help of DGDC, the City of Goldsboro, the State of North Carolina and the federal government, there are many financial resources available to assist in building and property improvements. Explore those most commonly used here.
Incentive programs are currently on-hold, and applications are not being accepted at this time.

Business Incentive Grant

The Business Incentive Grant is a competitive grant, providing a jump-start for new, qualifying downtown businesses. Grantees are awarded $400/month for one year after being open for six months. Funds serve as a reimbursement for eligible expenses during the monthly period. Grant requires application and business plan.
The purpose of the Business Incentive Grant Program is to:

  • Stimulate economic development.
  • Compliment the vision and implementation of the Downtown Goldsboro Master Plan.
  • Meet the market needs of downtown and surrounding areas.
  • Assist in the recruitment of businesses that benefit and complement existing businesses, residences, services and cultural activities downtown.
If your business fits the following eligibility requirements, the Business Incentive Grant could be right for you.

Applicants must:

  1. Open or relocate a business within the Municipal Service District.
  2. Have a two+ year lease or own their building.
  3. Have a complete application, including a Business Plan.
  4. Be open for less than 6 months.
Grants are awarded on a fund-available basis and at the discretion of the DGDC Board of Directors based on recommendations from the Economic Restructuring (ER) Committee.

  • Funding is limited during each fiscal year (July 1 to June 30).
  • Awards are made to applicants demonstrating a strong potential for sustainability and added value to the downtown community.
  • 12-month grant provided in 12 equal payments of $400 each.
  • Payments begin once applicant has been open and operating for 6 consecutive months.
  • Funds can help reimburse common expenses such as advertising, utilities, rent and insurance.
Applications are reviewed quarterly per fiscal year. Applications must be submitted no later than 5:00 pm on the following dates.

  • January 1st
  • April 1st
  • July 1st
  • October 1st

E-mail applications to erutland@goldsboronc.gov or deliver to the DGDC office at 219 N. John Street, Goldsboro, NC 27530.


Facade Grant

Salon 150
Curb appeal matters!

The Facade Grant is a competitive grant, providing funds for exterior improvements to downtown properties. Grants are awarded in three categories and match a percentage of the project investment.

The purpose of the Business Incentive Grant Program is to:

  • Stimulate economic activity downtown.
  • Spur and assist private investment.
  • Promote storefront renovations and restoration of buildings downtown.
  • Encourage good design and workmanship for the benefit of the buildings and downtown’s appearance.
  • Preserve our historic and unique character.
A new coat of paint and unique awning can go a long way in increasing curb appeal. Whether your project is large or small, a facade grant could help you achieve your aesthetic goals.

Award Categories:

  1. Small Project – projects costing less than $2,000 are eligible for a grant up to $1,000 per facade on a 50/50 matching basis.
  2. Small Special Project –  projects costing less than $10,000, or solely cosmetic are eligible for a grant up to 50% of total project cost or $2500, whichever is lesser.
  3. Large Special Project – projects exceeding $10,000, and are detrimental to the building’s facade are eligible for a grant up to 25% of total project cost, not to exceed $10,000.
Grants are awarded on a fund-available basis and at the discretion of the DGDC Board of Directors based on recommendations from the Design Committee.

  • Funding is limited during each fiscal year (July 1 to June 30).
  • Factors of consideration include impact, need, proposed wok, historic significance and application of work to historic character.
  • Property must be located within the Municipal Service Tax District.
  • Applicants are required to provide at least 2 detailed/itemized quotes from qualified contractors, and cannot start work until grant is approved.
  • Grant-supported work must be completed within 180 days of notice to proceed.
Applications are accepted at any time, and reviewed by the DGDC Design Committee monthly.

Not sure what you want to do? The DGDC staff and Design Committee are available to assist you with ideas and resources to make your project successful!