Grant & Loan Awards: Lincoln County

Program

Date Awarded

Amount

BRIDGE
BRIDGE
01/30/2007
$112,000

BRIDGE funds to assist with two regional technology studies for the McDuffie, Columbia, Lincoln, Warren and Wilkes five-county area. With a geographical footprint of 1500 square miles, a combined population exceeding 150,000, and four of the five counties having a poverty rate greater than 17.5%, the five counties propose to work with Georgia Tech's TechSmart program to identify gaps in broadband infrastructure, benchmark current technology utilization and develop a community and regional technology roadmap. Digitel responsibilities include inventory of vertical assets, topography and infrastructure needs to deploy broadband to the underserved areas of the five counties. The five counties will join forces to expand high speed internet access to underserved areas in the five-county region to promote economic development. In addition, they have an opportunity to leverage their collective bargaining power to attract private partners, control cost of equipment and enhance their regional competitiveness.

Equity
Equity
11/01/2006
$497,405

Equity funds for the construction of a sewer line to serve its existing publicly owned 100-acre industrial park. The project will open up 80 undeveloped acres in the park. Currently 80 of the 100 acres are not served by sewer and this project will complete service to the entire park. An existing 12” line provides water to the industrial park. The Charles Owen Company, a maker of equestrian equipment, has committed to a $1,200,000 private investment and between 5 and 10 new jobs. They will lease an existing building in the industrial park and rent excess space to other British firms. Other possible prospects include local companies who seek space to expand their existing Lincoln County operations. H&H Industrial Maintenance stated that they will construct three 2,500 sf spec buildings in the park. The community has located a new industry in the park, Medac, a medical billing company, that commits to create 300 jobs in 3 yrs and invest $2 million.

EDGE
EDGE
06/07/2004
$200,000

EDGE funds to assist with facility improvements to the 35,000 SF Ascot Building. The Iron Works, Inc., currently located in Lousiana, manufactures commercial grills. Lincoln County is in competition with Louisiana. The project will create 20 new jobs.

EDGE
EDGE
11/28/2001
$600,000

EDGE funds to assist with the purchase of a building to be used by the Martex Fiber Southern Corporation. Martex will recycle textile products in the plant. Company anticipates 100 new jobs will be created.

Equity
Equity
07/31/2001
$495,600

Equity funds for architectural and engineering design fees, site engineering and surveying for proposed conference center project adjacent to Clark Hill Lake & Elijah Clarke State Park with potential statewide tourism impact.

Equity
Equity
04/03/2001
$250,000

E 9-1-1 funds to assist with the purchase/rehabilitation of a regional E 9-1-1 center, including the purchase of dispatching and radio equipment to serve the 17,973 residents of these two Tier 1 counties of Telfair and Wheeler. The center will be located in the city McRae with a 35-mile radius coverage area. There will be nine new positions created.

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