Grant

March 2 - 8, 2018

$510,790 in one Public Works project as follows:
- $510,790 https://www.eda.gov/news/press-releases/2018/03/06/forsyth-ga.htmto the City of Forsyth, Georgia, to fund improvements to electrical infrastructure, doubling capacity for the Monroe County Industrial Park. The increased peak electric capacity is required to allow for the expansion of a manufacturing business in the area. The project improvements will support current and future industries in the Park. The investment will strengthen and enhance the area’s advanced manufacturing cluster, increase its resilience to economic impacts and meet labor demands of the region’s industries. The grantee estimates that this investment will help create 50 jobs, save 30 jobs, and leverage $46 million in private investment.
$210,000 in one Partnership Planning project to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.