Grant & Loan Awards: Lowndes County
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