Grant & Loan Awards: Richmond County


Richmond County

Equity Fund: $499,910

Awarded: 12/16/2002

Applicant: Georgia Medical Center Authority

Equity funds to assist in the development of 14,820 SF Life Sciences Incubator to assist biotech entrepreneurs in research and development. Located in one of Georgia's premier medical research zones and partnering with the Medical College of Georgia, the incubator will offer a complete array of laboratory and office space, specialized equipment, access to campus resources and business development services and counsel for companies. The project expects to create up to 75 jobs within five years by spinning off entrepreneurial start-up medical companies to Tier 1 and 2 counties located in this economically depressed region.

Total Budgeted Project Cost: $5,494,490

« See all awards for Richmond County