The Gloucester County Economic Development Authority (EDA) has developed a new economic development incentive program to support existing businesses and recruit new businesses into the County. The new incentive program and funding was voted on at their June 23rd meeting. “We took this action to assist in the growth of our small businesses which are the backbone of our business community”, according to David Meeker, Chairman of the EDA.
This program will support property owners and business owners throughout Gloucester County with rent assistance, interior and exterior building improvements, advertising and website design work. The Gloucester County EDA will administer these programs. The EDA will review and approve applications for financial incentives to be awarded.
The new incentive program will go into effect on July 1, 2015. The grants will be awarded on a first come, first serve basis and will be provided until the annual funds have been depleted. It is the intention of the EDA to replenish this new incentive program on a fiscal year basis.
“We are pleased to provide this incentive program to our small businesses and encourage them to participate”, said Sherry Spring, Director of Economic Development. For more information, please contact Sherry Spring at 804.693.1414 or email at email@example.com or contact Linda Evans at 804.693.1415 or firstname.lastname@example.org.