Grants

Tennessee Funding Board Approves $10.3M In Incentives To 7 Projects

Image: Tennessee Comptroller Jason Mumpower, second from left, talks during the Funding Board meeting on Monday, March 25, 2024. Image Credit: Tennessee Funding Board The Center Square [By Jon Styf] – The Tennessee State Funding Board approved $10.3 million in incentives for seven companies at its Monday afternoon meeting. The largest was $3.4 million to […]

Bridgestone Foods Gets $1.3M Incentive Grant For Lebanon Facility

Image Credit: Bridgetown Natural Foods  / Facebook The Center Square [By Jon Styf] – Bridgetown Natural Foods is receiving $1.3 million through incentives for its $78.3 million manufacturing and distribution facility in Tennessee. The project in Lebanon is being awarded a FastTrack Job Training Assistance Grant that was not disclosed Wednesday and was first listed […]

Tennessee Agrees To Dole Out $8.8M More In FastTrack Incentive Grants

Image Credit: Canva The Center Square [By Jon Styf] – Tennessee’s Department of Economic and Community Development has handed out more than $8.8 million in incentives since it last posted FastTrack incentives for February. Those include $3.4 million to Schneider Electric in Mount Juliet and Smyrna, $2.5 million to Shoals Technologies Group in Portland, $1.6 […]

Investigation Raises Concerns About Nashville Nonprofit’s Use Of Grant Funds

Image Credit: Office of the Tennessee Comptroller Press Release – An investigation by the Tennessee Comptroller’s Office shows that a Nashville-based nonprofit used grant money to make $42,249.74 of unallowable payments, including checks written to the executive director. Successful Survivors is a nonprofit that assists individuals with mental illness and substance abuse issues. In 2018, […]

Tennessee Awards Nearly $18M In Site Development Grants

Image Credit: Erik Mclean / Pexels The Center Square [By Jon Styf] – Tennessee has committed to hand out $17.9 million in grants for the development of 12 sites in order to prepare those sites for potential businesses. The grants are part of the Tennessee Department of Economic and Community Development’s Site Development Grant program, […]

Custom Foods Of America Gets $1.5M, NewBasis $900K In TNECD Incentives

Image Credit: Erik Mclean / Unsplash The Center Square [By Jon Styf] – Custom Foods of America in Knoxville will receive a $1.5 million incentive while NewBasis in Lebanon will get $900,000 from Tennessee’s Department of Economic and Community Development as more than $10 million in incentives were approved unanimously without board discussion at Thursday’s […]