Georgia Direct Financial Incentives
Georgia's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment.
Georgia's Department of Labor (GDOL) assists companies in recruitment by posting job notices, collecting and screening applications and/or résumés, providing interview space, scheduling interviews, and hosting job fairs. GDOL will work with private employment agencies that list jobs with the state.
Quick Start Employee Training
Georgia's nationally ranked employee training program, Quick Start, provides customized training for new employees in skill-based jobs at no cost to qualifying companies. The training program is given to the company for its future use. Quick Start provides training space, instructors, and all needed materials related to the program, potentially saving companies millions of dollars in training costs.
HOPE Scholarship and Grant
The HOPE Scholarship provides for low or no tuition fees at one of Georgia's 35 public colleges or universities for qualified graduating Georgia high school seniors. The HOPE Grant provides an opportunity for all qualified Georgians to receive degree or certificate programs at low or no cost through Georgia's technical colleges and schools. These programs can be advantageous to relocating families with children, and for a company training employees through local technical colleges.
University System of Georgia Economic Development
The Board of Regents of the University System of Georgia created an office of economic development in 1995. The system’s economic development staff, working with a team of economic development leaders from each campus, bridges the intellectual resources of Georgia's 31 public college and universities to the Georgia Department of Economic Development and the state's business community in innovative ways. Georgia businesses can connect with college-educated talent, the latest research, and business and operations advice.
Entrepreneur and Small Business Loan (ESB) Guarantee Program
In partnership with the OneGeorgia Authority, the state can provide loan guarantees to spur entrepreneurial growth in specified rural communities throughout Georgia. The guarantee amounts can range between $35,000-$250,000, can be used for hard assets or for start-up and working capital, and require a 10 percent cash equity injection by the borrower. www.onegeorgia.org/programs/esb
Centers of Innovation
Georgia's six Centers of Innovation provide connections and innovative solutions to Georgia businesses operating in our six strategic industries. Centers of Innovation in aerospace, agribusiness, energy, life sciences & IT, logistics, and manufacturing provide direct access to university and technical college applied research, commercialization resources, technology connections, matching grant funds, industry networks, and key government agencies. Client companies are connected with experts who are on the leading edge of technology and new ideas in their respective industries. Within this framework the centers create a supportive business environment to help Georgia companies grow, prosper and compete globally.
Georgia Department of Economic Development
75 Fifth Street NW, Suite 1200
Atlanta, Georgia 30308
Incentive and tax information is provided to Area Development by each state's economic development or commerce agency for information purposes only and is subject to revision at any time by the state government. Please contact the state agency directly for full requirements and offerings.
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