Grant

July 1 - 5, 2013

$1,946,100 to the City of Rochester, New Hampshire, to fund construction of water and sewer infrastructure to extend service to the Crossroads Industrial Park and the Rochester Marketplace in Strafford County. Expanding the water and sewer services to these areas will serve as a catalyst for expansion of existing businesses, new business development, and opportunities for job creation to replace almost 500 jobs lost due to the recent closure of several manufacturing companies. This investment is part of a $3,892,200 project that the grantee estimates will create 130 jobs, save 76 jobs, and leverage $1.5 million in private investment.
$1.5 million to the Gaston College/Gaston Board of Trustees, Dallas, North Carolina, to construct the new Center for Advanced Manufacturing on the Gaston College campus and renovate the existing Pharr Trade and Industrial building. The facilities will house training for workers to expand the region’s clean energy industry, green technologies, and sustainable manufacturing. The training will prepare students for high-growth, high-wage occupations and train current employees for advancement in those industries. This investment is part of a $6,517,431 project that the grantee estimates will create 160 new jobs, save 25 jobs, and leverage $50 million in private investment.
$1.4 million to Halifax County, North Carolina, to construct core infrastructure to support a new state of the art lumber processing facility within the Town of Enfield. The project will leverage North Carolina’s abundance of forestry based natural resources for the lumber, biomass, and other related industries. Using state-of-the-art manufacturing technologies to enhance North Carolina’s second largest manufacturing industry, the project will enable the area’s manufacturing and agricultural clusters to rapidly expand. This investment is part of a $2,996,505 project that the grantee estimates will create 350 jobs and leverage $110 million in private investment.
$1,246,054 to the City of Sioux Falls, South Dakota, to fund the construction of critical infrastructure improvements to Bahnson Avenue from East 60th Street North to East Benson Road. When completed, the renovated roadway will provide access to acres of land for new developments and improve the City’s connections to the interstate highway boosting business expansion and job opportunities for residents of Sioux Falls. This investment is part of a $2,492,109 project that the grantee estimates will create 200 jobs and leverage $70 million in private investment.
$1,228,079 to Winston-Salem State University and the S.G. Atkins Community Corporation, Winston-Salem, North Carolina, to renovate the lower level of the Enterprise Center in Winston-Salem to expand the existing, successful business incubation program. The Enterprise Center is designed to address economic distress in the area leading to long term economic transformation by focusing on the urban, minority, and economically disadvantaged populations, to create and foster an environment which supports and grows small business. The incubation program expands and recruits new entrepreneurial opportunities for start-up business in industries including information technology, healthcare, and human service fields. This investment is part of a $1,928,079 project that the grantees estimate will create 300 jobs and leverage $12 million in private investment.