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.
Description
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.