County approves EDIF support for forklift training and Aging Stronger equipment purchase
Summary
The Board approved a $1,599 workforce grant to Tidewater Direct, LLC for forklift training and a conditional loan up to $50,000 to Aging Stronger for a DEXA device, both contingent on signed agreements and performance conditions.
The County Commissioners on May 26 approved two Economic Development Incentive Fund (EDIF) awards. The EDIF Commission recommended $1,599 from the Workforce Fund to Tidewater Direct, LLC to cover most of a $1,719 forklift-training program delivered by internal certified trainers. The Board approved the grant contingent on a signed funding agreement specifying conditions and performance requirements.
Separately, Aging Stronger requested an EDIF conditional loan of up to $50,000 to purchase a DEXA body-composition device (project cost estimated at $55,000). Staff reported that the device will expand clinical services, is expected to increase client volume and revenue, and that the business plans to create one additional full-time position over three years. The Board unanimously approved the conditional loan; disbursement is contingent on a signed agreement that outlines terms and performance milestones.
Commissioner Dumenil and others asked clarifying questions during both approvals; funding is contingent on final agreements with the EDIF Commission.
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