The Tennessee Department of Economic and Community Development is accepting applications for Site Development Grant.
Donor Name: Tennessee Department of Economic and Community Development
State: Tennessee
County: All Counties
Type of Grant: Grant
Deadline: 08/26/2022
Size of the Grant: $1,000,000
Details:
With funding approved through the legislature for the Rural Economic Opportunity Fund, TNECD is investing in site development grants. This grant opportunity will improve many of TNECD’s nationally recognized Select Tennessee certified sites and prepare other sites to achieve certification.
Purpose:
- To make your site more attractive to companies looking to locate.
- To reduce the risk and time it will take to prepare your site for a client.
- To increase the inventory of high-quality and certified sites in the state.
Funding Information
- Site Development Grant Maximum: $1,000,000
Eligible Applicants
- Applicant must be a governmental entity (City, County, Industrial Development Board, etc.)
- One application per governmental entity may be submitted
- One application per site may be submitted
- Site must be publicly-owned at the time of application, unless the grant request is to purchase the property or for Due Diligence Studies
- County where site is located must meet all Three Star annual requirements
- Sites must be at least 20 acres and have gone through at a minimum the site visit by Austin Consulting (Foote) for the Select TN certification program, the site visit and evaluation by Austin Consulting for PEP or the site visit by KPMG for the Invest Prep program. Entities in Tier 3 and 4 counties may submit sites that are at least 10 acres and meet all other requirements.
- Sites with open SDG projects are not eligible to apply.
For more information, visit TNECD.
