The Greene County Industrial Development Authority is the lead agency for industrial recruitment and expansion in the County. Providing a "one-stop shopping" for manufacturing and distribution investors interested in site locations for new or expanding operations. The authority’s focus is on the creation, attraction and retention of business; offering financial assistance through bond issues, Pennsylvania Industrial Development Authority (PIDA) loans, Machinery and Equipment Loan Financing (MELF), conventional financing and bridge financing, etc.
Brownfield Redevelopment Initiatives: The County of Greene and the GCIDA recently contracted the services of Langan Engineering, a consultant to assist with the application for a Brownfield Assessment Grant via the Department of Environmental Protection. Up to $400,000 can be requested through this and another grant to inventory and assess brownfields in Greene County. Once sites are identified, the Authority will seek the additional grant to reclaim sites.
Additionally, the authority has established the Greene County Brownfield Redevelopment Advisory Committee (GC-BRAC) to create more public involvement in its effort to address brownfield sites. The committee will improve public participation and community involvement in the brownfield redevelopment initiatives.
Mather Brownfield Cleanup:
Mather Colliery was a captive mine built in 1917 by Picklands, Mather & Co. to supply coal to their coke ovens in Toledo, Cleveland, and Canton, Ohio. The Mather coal mine closed in 1964 or 1965.
Joe Simatic, President of the Greene County Industrial Development Authority (GCIDA), defined their role in the reclamation process from the beginning.
April 18, 2016 Reclamation work at the Mather coal refuse site nearly finished. Click here for press release.
To promote economic growth in Greene County, a dynamic public and private venture was formed to provide a business-driven, customer focused approach to economic development. The Greene County Industrial Development Authority (GCIDA) has actively partnered with the Greene County Board of Commissioners to foster economic growth in the county. The authority works with U.S. Congressman Tim Murphy, State Senator Camera Bartolotta and PA State Representative Pam Snyder as well as their development partners including Waynesburg University, the University of Pittsburgh Institute of Entrepreneurial Excellence, Horizon Properties, Greene County Industrial Development Corporation (IDC), and the Regional Industrial Development Corporation to further expand business opportunities at both the EverGreene Technology Park and the Meadow Ridge Business Park in Perry Township.
GCIDA Board and Partners:
Click HERE for board members and meeting dates listing. And to read more about our development partners >> click HERE.
GCIDA Revolving Loan Fund:
The revolving Loan Fund was established to provide seed money to promote job development and business growth and expansion within Greene County. Click HERE for more information and testimonies.
Providing the following:
Assistance with site locations
Customized work force training and development
Techical assistance and tax incentives
FEES: There is a $15 credit application fee plus all applicable documentation and filing fees.
INELIBIGLE USES: As with all loans involving government monies, certain uses are not allowed, including:
Check cashing outlets or pawnshops
Funds cannot be used for paying off previous debts, or for loan consolidation
All loans subject to final approval of the loan committee and the GCIDA Board of Directors
Manufacturing and industrial firms, advanced technology, computer related industries, retail, personal and professional services and export services are eligible candidates.
Applicants must be classified as a small business with fewer than 100 full-time employees.
Eligible companies must be located in Greene County prior to loan disbursement.
Loans are made in conjunction with private sector lending sources and must be secured at the highest position based on available assets. In addition, corporate and personal guarantees are required.
Terms of loans include real estate repayment up to 10 years, machinery and euqipment tup to 7 years and 3 years for working capital.
Interest rate contingent upon Loan Committee review and recommendation to the GCIDA Board of Directors.
Our Greene County Industrial Authority (GCIDA) is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write to the USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call 800-795-3272 (voice) or 202-720-6382 (TDD).