Expanding Opportunities for Entrepreneurs through Incubation

Organization:

Scotland County Economic Development Corporation

Amount:

$200,000.00

Program Area:

Open Grants Program

County of Applicant:

Scotland

Year:

2011

Description:

The purpose of this grant is to provide funding to the Scotland County Economic Development Corporation (SCEDC) to construct a new business incubator facility. The facility with focus on manufacturing businesses. The SCEDC has secured $800,000 in funding from the U.S. Economic Development Administration for the business incubator. Businesses that participate in the incubator program would locate their start-up or expanding manufacturing operation in the incubator building and develop and grow their operation for a period of 3-5 years, when typically, they will move to a larger building and expand their workforce. This project will also complement the local entrepreneurship training that will begin in conjunction with the incubator space construction.

Contact:

Mr. Mark Ward16800A US HWY 401 BypassLaurinburg, North Carolina 28352(910) 266-4326

Areas Served:

Scotland

Any project more than a couple of years old may not reflect current Board priorities.
Please contact a staff member with any questions.