Incentives

Evaluation Process

The evaluation process for incentives is based on economic functions including capital investment, new jobs created, and wages above the county average. A qualified business that creates at least 25 net new jobs and invests a minimum of $500,000 in a 36-month period may qualify for an incentive package. Project incentives could include infrastructure and/or training assistance, job tax credits, energy credits, low cost loans and grants, and tax abatements (PILOT). Incentives for a new or expansion project come from three sources—State of Tennessee, TVA, or the local community. For more information, please contact Forward Sumner (jimmyj@forwardsumner.org), or visit our economic development partners.

Click above for TNECD Incentives and Grants

Click above for TVA Incentives