In addition to the state's package of incentives, both units of local government have also adopted written incentive policies applicable to qualified new and existing economic development projects. Both local governmental units have adopted incentive policies which provide for grants to be paid back to projects based primarily on their capital investment. Other criteria such as number of new jobs created, wages, etc. may also be considered in determining the grant amount. Terms, conditions and other criteria which apply are completely outlined in written policies. Specific areas within City of Asheville designated as State Development Zones.
Buncombe County offers bonus incentives to firms meeting one or more of a variety of criteria.
As an alternative, Buncombe County will consider a one-time front end incentive . All content copyrighted , Asheville Area Chamber of Commerce.