Incentives and Financing
The Development Authority works closely with the State of Georgia and Federal partners to provide incentives for projects with a positive economic impact on the community. Qualifying projects that provide substantial job creation and capital investment may be eligible for incentives.
Colquitt County has 100% free port exemption. Industries will not be charged inventory tax on raw materials and goods in process or completed products destined for out-of-state shipment.
Industrial Revenue Bond Refinancing
Industrial Revenue Bond financing is available through the Development Authority and could provide substantial savings to the prospective company.
Lease concessions on existing buildings may be available for qualified projects. Our investment depends on the project’s capital investment as well as number and quality of new jobs created.
The Development Authority considers new business tax incentives on a case-by-case basis. These incentives are based on positive economic impact on the community. Criteria for consideration includes the project’s amount of capital investment as well as number and quality of new jobs created.
The State of Georgia offers a range of incentives for new and existing industries. The GEORGIA BUSINESS INCENTIVES BROCHURE (link to pdf) provides additional information on state programs.
Existing Industry Incentive Program
The Moultrie Colquitt County Development Authority, in coordination with the City of Moultrie and Colquitt County, provide an incentive program for qualified industries located in Colquitt County. The purpose of this program is to encourage and support local industrial expansion.
The Development Authority will serve as your agent where appropriate to assist with new and existing industry in Colquitt County.
For more information on local, state and federal programs, please contact us at (229) 985-2131 or Darrell Moore at dlmoore -at- selectmoultrie -dot- com.