Grant & Loan Awards: Lowndes County


Equity

Lowndes County

Equity Fund: $201,578

Awarded: 08/13/2002

Applicant: Valdosta-Lowndes County Industrial Authority


Description:
Equity funds to establish an Incubator Site located within the Lake Park Industrial Park. The Development Authority will market the incubator site for its intended purpose of providing smaller lots for development within the business community. It is anticipated a minimum of $3,000,000 in capital investment will be made and 40-80 jobs will result.


Total Budgeted Project Cost: $686,942


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