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Martin County recognizes the substantial investment that relocation or
expansion requires and offers a Martin County Real Property & Equipment
Investment (RP&EI) Grant.
Martin County provides this RP&EI grant in partnership with new and
expanding investment ventures in distribution, manufacturing, software
and high-tech companies. Martin County Economic Development Corporation
(MCEDC) offers developmental incentive grants to companies on a
case-by-case basis as each relates to specific criteria set forth in the
incentive program. Final approval of these grants is made by the Martin
County Board of Commissioners.
Eligible Applicants
Investment ventures in the
above-qualified activities must occur within Martin County and must meet
the objectives of the Martin County Board of Commissioners and the MCEDC Board of Directors. The minimum investment
in real property and equipment must be at least $300,000.
Priorities and Scoring Criteria
While this grant is primarily
driven by investment, substantial consideration is given for job
creation, wages and compatibility with the
goals and objectives
of the MCEDC Board of Directors.
Scoring categories and maximum points for each are:
- Investment
Amount
- Goal
Compatibility
- Jobs
Creation
- Wages
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50 points
20 points
15 points
15 points |
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