Moultrie - Colquitt Co. awarded funding for 'incubator' project - WALB.com, South Georgia News, Weather, Sports

Moultrie - Colquitt Co. awarded funding for 'incubator' project

(Source: WALB) (Source: WALB)
MOULTRIE, GA (WALB) -

There's good news for Colquitt County, it was just approved for a federal grant of $1.8 million to help entrepreneurs start businesses.

This will fund the construction of an "incubator" business facility.

Three-million dollars will soon fund that incubator facility in Colquitt County to help entrepreneurs get started.

"We've got a lot of interest in people starting businesses and trying to help support businesses," said EDA President Darrell Moore.

The incubator project will be a shell of buildings that tenants in both industry and business can use. 

The buildings will be in a U-shaped design in the facility that will be located at Citizens Business Park on Quitman Highway.

"What the incubator is going to do will provide low cost, high-quality space for businesses that are just trying to get started," explained Moore.

The federal grant will cover 70 percent of the cost of this project. The rest will be covered by $1.5 million in Special Local Option Sales Tax that was already approved.

"The intent is for them to have good affordable space they can use for 1 to 3 years and graduate into something bigger," said Moore.

The current plans for the facility show about 40,000 square feet for business development. 

Moore said it will have 20 to 25 bays and 10 to 12 office spaces.

Each office space comes with wifi, internet, utilities, building maintenance, yard maintenance, custodial services, it's pretty much everything in one.

"Its just a great time to be in South Georgia, we've got a lot of attention in South Georgia right now," said Moore. 

As of now, three businesses are already on the waiting list, with a target completion date at the end of 2018.

Copyright 2018 WALB. All rights reserved.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Dougherty Co. employment turnover rate rising

    Dougherty Co. employment turnover rate rising

    Monday, June 18 2018 2:31 PM EDT2018-06-18 18:31:41 GMT
    Commission as a whole discussed budget for over an hour (Source: WALB)Commission as a whole discussed budget for over an hour (Source: WALB)
    Commission as a whole discussed budget for over an hour (Source: WALB)Commission as a whole discussed budget for over an hour (Source: WALB)

    On Monday commissioners learned that for the 2018 calendar year the employee turnover rate is trending at 24%, or nearly one-quarter of employees leaving. 

    More >>

    On Monday commissioners learned that for the 2018 calendar year the employee turnover rate is trending at 24%, or nearly one-quarter of employees leaving. 

    More >>
  • Dougherty Co. commissioners narrow options for budget

    Dougherty Co. commissioners narrow options for budget

    Monday, June 18 2018 2:26 PM EDT2018-06-18 18:26:11 GMT
    County Commission Chairman Chris Cohilas gives input on fiscal year 2019 budget talks. (Source: WALB)County Commission Chairman Chris Cohilas gives input on fiscal year 2019 budget talks. (Source: WALB)
    County Commission Chairman Chris Cohilas gives input on fiscal year 2019 budget talks. (Source: WALB)County Commission Chairman Chris Cohilas gives input on fiscal year 2019 budget talks. (Source: WALB)

    Time is running out for Dougherty County Commissioners to organize their budget for fiscal year 2019. On Monday, commissioners discussed fifteen potential options for millage rate increases.  

    More >>

    Time is running out for Dougherty County Commissioners to organize their budget for fiscal year 2019. On Monday, commissioners discussed fifteen potential options for millage rate increases.  

    More >>
  • Crews working to clean up after weekend sewage spill in Downtown Albany

    Crews working to clean up after weekend sewage spill in Downtown Albany

    Monday, June 18 2018 12:06 PM EDT2018-06-18 16:06:02 GMT
    Crews blocked off the sewage spill that happened Saturday. (Source: WALB)Crews blocked off the sewage spill that happened Saturday. (Source: WALB)

    After sewer water made its way into the Flint River Saturday, crews took less than 24 hours to get it to stop. Now, the question is what caused the spill. We met with the Jacobs Business Manager Kyle Holder who was on scene Sunday assessing the mainline damage.  

    More >>

    After sewer water made its way into the Flint River Saturday, crews took less than 24 hours to get it to stop. Now, the question is what caused the spill. We met with the Jacobs Business Manager Kyle Holder who was on scene Sunday assessing the mainline damage.  

    More >>
Powered by Frankly