Project Revere

Organization:

City of Greenville

Amount:

$371,935.39

Program Area:

Economic Catalyst Program

County of Applicant:

Pitt

Year:

2014

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 WisemillerP.O. Box 7207Greenville, North Carolina 27835-7207

Areas Served:

Pitt

Any project more than a couple of years old may not reflect current Board priorities.
Please contact a staff member with any questions.