Project Revere

Organization:
City of Greenville
Amount:
$371,935.39
Program Area:
Economic Catalyst
County of Applicant:
Pitt
Description:

The purpose of this grant is to provide funding to the City of Greenville to purchase equipment that it will lease to Genome ID Group, LLC, which is headquartered in Greenville, and does business as The Center for Advanced Forensic DNA Analysis (CAFDA). CAFDA provides advanced forensic DNA technologies and expert consulting services to forensic laboratories, law enforcement, attorneys, and government agencies. Rising demand for CAFDA’s services will outstrip the capacity of its existing laboratory equipment and staff. It plans to add 138 new full time positions by the end of 2018. These new jobs will pay an average salary of $60,697/year, plus benefits. The leased laboratory equipment will help enable this expansion. The equipment will be leased at a rate that will require CAFDA to repay the value of the equipment, plus interest, over five years. Proceeds of the leases will be placed in a new Site Ready Program account and loaned to businesses and individuals to help prepare sites and buildings for sale to promote economic development in the City.

Contact:
Mr. Thomas Wisemiller P.O. Box 7207 Greenville, North Carolina 27835-7207
Areas Served:
Pitt

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