Press Releases

Applications are now being accepted for a new round of grantmaking from the One North Carolina Small Business Program, a key source of capital for North Carolina’s emerging technology companies.  The state program works in conjunction with two federal technology grants, the Small Business In

North Carolina Commerce Secretary Machelle Baker Sanders has named Jennifer Mundt, an experienced legislative analyst and policy executive, as the department’s Assistant Secretary of Clean Energy Economic Development, an important new role at the state’s lead agency for economic development.&nbsp

Medical equipment supplier, Innosonian America, LLC, will create 34 new jobs in Franklin County, Governor Roy Cooper announced today. The company will invest $345,000 to relocate its warehousing and sales facility to the Town of Youngsville.

Governor Roy Cooper announced 24,224 new jobs in North Carolina last year, representing 185 business recruitment, expansion or rural development projects that engaged with the North Carolina Department of Commerce or its team at the Economic Development Partnership of N.C.

Unemployment rates (not seasonally adjusted) decreased in 97 of North Carolina’s counties in November and increased in three. Scotland County had the highest unemployment rate at 7.0 percent while Orange County had the lowest at 2.4 percent.

Science 37, Inc. [ NASDAQ: SNCE ], the Agile Clinical Trial Operating Systemtm, will relocate its corporate headquarters from California to North Carolina’s Research Triangle region and create 250 jobs over five years in Wake County, Governor Roy Cooper announced today.

The majority of respondents to a rolling survey of North Carolina businesses launched in October expressed optimism for the future of their businesses and reported they were meeting or exceeding revenue goals, according to preliminary results from the state’s new Business Pulse Survey.

The state’s seasonally adjusted November unemployment rate was 3.9 percent, decreasing 0.2 of a percentage point from October’s revised rate. The national rate decreased 0.4 of a percentage point to 4.2 percent.

The North Carolina Department of Commerce has awarded 21 Community Development Block Grant - Neighborhood Revitalization (CDBG-NR) requests to local governments totaling $14.9 million.

LT Apparel Group, a leading manufacturer of childrenswear apparel is expanding operations in North Carolina with an investment of at least $57 million in Greensboro. The company’s project will add a minimum of 116 new jobs to the community and will help increase industrial capacity at the Re