North Carolina Esports Industry Grant Fund
This program provides financial assistance to production companies organizing esports events in North Carolina, promoting economic growth through local spending and job creation.
The North Carolina Esports Industry Grant Fund aims to encourage esports events within the state by providing financial assistance to production companies. The program is designed to foster economic growth by securing commitments for the production of esports events. Grants are awarded to cover qualifying expenses, which include goods and services purchased or leased in North Carolina, compensation and wages with North Carolina tax withholding, employee fringe benefits, and per diems or living allowances for work performed in the state. The application process requires detailed financial and production information and compliance with specific guidelines. The maximum grant award is 25 percent of qualifying expenses, with a minimum qualifying expense of $150,000.
Award Range
$150,000 - Not specified
Total Program Funding
$5,000,000
Number of Awards
Not specified
Matching Requirement
Yes - 75% match required
Additional Details
Grants are limited to one per production company per single production. Grant awards cover up to 25 percent of qualifying expenses, with a minimum qualifying expense requirement of $150,000. Expenses must be substantiated and comply with North Carolina tax regulations.
Eligible Applicants
Additional Requirements
Production companies must have qualifying expenses of at least $150,000 and comply with specific guidelines and North Carolina tax requirements.
Geographic Eligibility
All
Application Opens
July 1, 2024
Application Closes
June 30, 2025
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