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Why Charlotte is such a popular destination for tech companies

Credit Karma joined the growing list of tech companies calling Charlotte home. And it's no coincidence North Carolina is becoming a hot spot for major corporations.

CHARLOTTE, N.C. — Credit Karma announced Tuesday that it will bring its East Coast headquarters to Charlotte as part of a $13 million investment that will bring 600 high-paying jobs to the Carolinas. 

They're also joining a growing list of tech companies calling the Queen City home. And it's not a coincidence. North Carolina, and specifically Charlotte, are quickly become hot spots for tech companies. 

There's a reason Charlotte is so appealing. Let's connect the dots. 

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The COVID-19 pandemic changed a lot of things, including how we work. Many tech companies have embraced remote working, meaning they don't want to shell out big bucks to rent office space in places like California and New York. 

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Plus, people are moving out of those places, too. That makes the job market more appealing for CEOs. In fact, North Carolina is among the top 10 states seeing the most growth, according to a U-Haul report

The other big factor? Money. North Carolina has competitive grant and incentive programs for companies that invest in the state and create jobs. 

We're already seeing some of the payoff, too. Recent data from the Charlotte Regional Business Alliance shows the demand for tech jobs in Charlotte has increased 17% in the last few months. 

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