Business Incentive Loans and Bonds (Georgia)
Last modified on February 12, 2015.
|Applies to States or Provinces||Georgia|
|Name||Business Incentive Loans and Bonds (Georgia)|
|Policy Category||Financial Incentive|
|Policy Type||Bond Program, Loan Program|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Implementing Sector|| Non-Profit
|Maximum Incentive|| Unlimited but generally should not exceed 20% of the asset needs of the company's Gerogia location.
|Program Administrator||Georgia Department of Community Affairs|
|Applicable Jurisdiction|| All counties in Georgia where the total population is less than 50,000 and the percent of people living in poverty is 10% and greater.
|Last Review|| 2014-09-15
The Strategic Industries Loan Fund (SILF) is a program offered by the OneGeorgia Authority. The purpose of SILF is to provide financing, through loan assistance, for the purchasing of fixed assets for companies that are considered as a relocation or expansion site for an emerging or development-stage company in a strategic industry targeted by Georgia. SILF is only to be used when needed to fill a financing gap that is unmet by the private sector. The State of Georgia has identified energy as a strategic target industry because it produces commercially viable technologies and will create higher quality jobs.
|Contact Name||Susan Brown|
|Department||Georgia Department of Community Affairs|
|Division||Office of Economic Development|
|Address|| 60 Executive Park South, NE, Atlanta, GA, 30329
|Department||Georgia Department of Economic Development|
|Division||Office of Science and Technology|
|Address|| 75 Fifth Street NW, Suite 1200, Atlanta, GA 30308
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Georgia Code 50-34|
|Date Effective|| 2006-07-24