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$5M Esports Industry Grant Created In North Carolina

On November 18th, North Carolina Governor Roy Cooper signed into law the state’s new two-year budget. Included in this plan is a program that will create the Esports Industry Grant Fund, which will provide the state with $5 million to bring esports and gaming events to the Tar Heel State.

“This is not just about the esports competition and the gameplay, it’s really about the opportunity to get all generations and groups involved in education and technology, and really fostering that as a way that we build a world-class workforce for the future and higher-paying jobs for everybody,” said Rep. Jason Saine, North Carolina’s House Senior Appropriations Chair. “When you think about recruitment of esports productions and events, what this program allows us to do is showcase not only our state but also win a lot of business that we wouldn’t have secured otherwise.”

The grant will be used to impact the region and state economies while serving as a “blueprint for other government groups to model from in the future.” North Carolina is the only state in the U.S. to incentivize esports events and productions regardless of where they are incorporated.

(All information was provided by Esports Insider and WTVD-TV)

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