The City of Greensboro's recruitment, retention, and expansion program activities occur within the partnership framework of the Guilford County Economic Development Alliance (GCEDA). GCEDA works to retain and expand existing industry in the Greensboro-High Point area, as well as attract new business opportunities and emerging sectors.
When businesses are looking to locate or expand in Greensboro specifically, staff from the Greensboro Chamber of Commerce Economic Development and the City of Greensboro collaboratively assist client firms with due diligence related to site selection, relocation, construction, and workforce identification. Projects considering downtown for operations may also be provided with additional support services from Downtown Greensboro Inc.
In certain instances, a firm considering locating or expanding in Greensboro may be eligible to receive performance-based incentives to do so. The purpose of such incentives is to assist in creating new full-time employment, retaining existing jobs, and increasing the tax base in the City. Alternatively, the City Council may provide infrastructure assistance (through cost sharing) to priority projects to support such developments. Provision of any form of financial assistance is solely at the discretion of City Council after holding a duly advertised public hearing.
Strategically, the City also may approve enhanced incentives to projects locating in designated Impact Zones. Incentives are presently targeted for the following key industry clusters:
- Innovative Manufacturing
- Supply Chain Logistics
- Furniture Design & Manufacturing
- Life Sciences
- Specialized Business Services
- Art & Design
All incentive inquiries should be directed to Kathi Dubel, the City's economic development manager.