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North Carolina’s Southeast approves 23 product development grant awards

By Staff Report, posted Aug 12, 2022 on BizFayetteville.com


Photo from North Carolina's Southeast Facebook page

North Carolina’s Southeast, a public-private regional economic development organization based in Bladen County,  has approved 23 applications from its Product Development Fund. 

 

The funds, which will stimulate the development and enhancement of industrial sites and shell buildings across the Southeast’s 18 counties, come from a $5M appropriation from the North Carolina General Assembly. 

 

Chairman of North Carolina’s Southeast Jeff Etheridge shared, “Our region and our organization are moving forward aggressively in applying these funds to meet demand by businesses for industry-ready real estate products. Companies reconsidering supply-chains in the wake of the pandemic and geopolitical concerns are seeking resilient, convenient and reliable destinations for manufacturing, logistics and other mission-critical operations. The Southeast wants to be ready for them. We are very grateful to legislative leaders for their leadership in making this program possible.”

 

Regarding the counties in GFBJ’s coverage area, here is how this money will be used:


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