More News

ChenMed, N.C. RIA approves grant request for reuse of Fayetteville Building

By Staff Report, posted 3 years ago
The rural health category grant for the City of Fayetteville totals $300,000.

The North Carolina Rural Infrastructure Authority announced on April 21 that it approved 15 grant requests to local governments totaling $3,840,156.
The requests include commitments to create a total of 649 jobs. The public investment of these jobs will attract more than $351 million in private investment.
“These Rural Infrastructure grants attract new, innovative businesses, allow existing business to expand, support health care, and bolster water and sewer service in our rural communities,” Governor Cooper said. “All of these investments are key ingredients in creating and sustaining a strong, resilient economy.”
The RIA approved 13 of these grants under the state’s building reuse program in three categories: vacant buildings, existing business buildings, and rural health.
Under the rural health category, the City of Fayetteville will receive a $300,000 grant that will support the reuse of a 9,500-square-foot building.
The building will serve as another location for ChenMed, LLC.
The project is expected to create 30 jobs with an investment of $1,182,500 by the company.

Other requests approved by the RIA will go to the community
development block grant/economic development program and the state’s industrial development fund/utility account program.
For additional information, visit the NC Commerce’s Rural Economic Division website.

Ico insights

INSIGHTS

SPONSORS' CONTENT
systel-business-equipment madison-spangler headshott

Cybersecurity habits that keep your business running, and hackers

Madison Spangler - Digital Marketing & Campaigns Coordinator, Systel Business Equipment
cape-fear-valley-blood-donor-center emily-deyoung headshott

A season of giving: The urgent need for blood in Fayetteville

Emily DeYoung - Practice Administrator, Cape Fear Valley Blood Donor Center
north-carolina-military-business-center tj-gilroy headshott

North Carolina Holds a Home-Field Advantage in the Innovation Game

TJ Gilroy - Business Development Professional, North Carolina Military Business Center

In The Current Issue

Hemp hemp hurray: Local farmer and business man seeks to educate the broader community about the many uses for hemp

Keith Dunn began farming hemp in 2017. A few weeks later he founded East Carolina Hemp Supply. After years of slow but steady growth, Dunn hopes to one day be able to build a hemp processing plant in North Carolina to boost the industry and local eco


Australian manufacturer to launch North American operations in Bladen County, investing more than $6M in Elizabethtown

Photo provided by Bladen County Economic DevelopmentVectorTex USA, LLC, a product developer and technology company, will create 44 new jobs in Bladen County. The company will establish its first North American manufacturing facility in Elizabethtown.