Grant & Loan Awards: Coffee County
Coffee County
Equity Fund: $500,000
Awarded: 05/09/2025
Applicant: Douglas-Coffee County Industrial Authority
Description:
Equity funds to assist with the construction of a 100,000 SF strategic growth facility in the Perimeter West Industrial Park located just off Hwy 206 in Douglas. The applicant, having lost two major employers within the last year, indicates a strong marketing strategy including the creation of a local economic development council, a color brochure to further market the facility, along with marketing the facility through GDITT and other state agencies.
Total Budgeted Project Cost: $2,038,030