ROCKY MOUNT, N.C., (June 2, 2022) – Today, the Golden LEAF Board of Directors awarded $5,046,526 in funding to support projects through the second round of the SITE Program. The SITE Program supports communities in identifying potential sites for economic development and provides funds to enable completion of due diligence on sites already identified or to extend public utilities, or to conduct rough grading and clearing of sites for which due diligence has been completed. The three phases of the SITE Program are Identification, Due Diligence, and Development.

“The need for industrial sites, especially in rural areas, was a gap identified in our strategic planning process,” said Don Flow, Golden LEAF Board Chair. “As we have seen, ready sites are no longer a luxury but a necessity to move at the speed of business. The second round of SITE Program projects will help prepare North Carolina for these economic growth opportunities.”

Project Frontier is an innovative private / public partnership to facilitate the construction of speculative industrial space on New Frontier Way, in Jacksonville Business Park. Jacksonville Onslow Economic Development Partnership applied for $1M in funding from the SITE Program – Development, for clearing, grading, and drainage systems that will yield nearly forty acres of stormwater-ready sites at Jacksonville Business Park. Notification of the award came today.

The Golden LEAF Board also awarded $1,398,657.34 in funding through the Open Grants Program, $1,706,550 in funding for projects through the Flood Mitigation Program and approved $1,750,000 in funding for the North Carolina Community College System to support scholarships as part of the Golden LEAF Scholarship Program.

To read the entire press release, CLICK HERE.