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Financial Incentives

Martin County Real Property & Equipment Investment Grants 

Martin County recognizes the substantial investment that relocation or expansion requires and offers a Martin County Real Property & Equipment Investment (RP&EI) Grant.  

Martin County provides this RP&EI grant in partnership with new and expanding investment ventures in distribution, manufacturing, software and high-tech companies.  Martin County Economic Development Corporation (MCEDC) offers developmental incentive grants to companies on a case-by-case basis as each relates to specific criteria set forth in the incentive program. Final approval of these grants is made by the Martin County Board of Commissioners. 

Eligible Applicants
Investment ventures in the above-qualified activities must occur within Martin County and must meet the objectives of the Martin County Board of Commissioners and the MCEDC Board of Directors. The minimum investment in real property and equipment must be at least $300,000.  

Priorities and Scoring Criteria
While this grant is primarily driven by investment, substantial consideration is given for job creation, wages and compatibility with the goals and objectives of the MCEDC Board of Directors.  

Scoring categories and maximum points for each are:

  • Investment Amount
  • Goal Compatibility
  • Jobs Creation 
  • Wages
50 points
20 points
15 points
15 points
For more information, please call the Martin County Economic Development Corporation at 252.792.2044 or email jward@martincountyedc.com 
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