Department of
Economic & Community Development
Matthew Kisber, Commissioner
Grants and Loans for Businesses
Grants
ECD’s FastTrack Program helps companies locating in the area cut through red tape that often hinders development to get the resources and the answers they need – fast.
FastTrack Job Training Assistance Program
FastTrack Infrastructure Development Program
Community Development Block Grants help communities pay for infrastructure improvements necessary to economic development projects. For example, if a business is considering locating in a county but needs a water line extended to their potential site, a CDBG grant could be used to pay for that extension.
Community Development Block Grants
Energy Loan Programs encourage businesses of all sizes to pursue energy-saving projects that will be both environmentally responsible and cost-effective in the long term.
Small Business Energy Loans
Tennessee Clean Energy Technology
Feedstock Processing Demonstration Loan
Green Island Corridor Grant
Loans for Small Businesses allow one of Tennessee’s most vibrant economic sectors to grow. Dollars are available for small businesses in rural areas and small businesses that are looking to make energy efficiency improvements.
Small Business Energy Loans
Rural Enterprise Loan
Tennessee Job Skills is a discretionary fund available to new and existing businesses to train their workforce. The focus is on employers and industries that promote high-skill, high-wage jobs for emerging and high-technology manufacturing operations.
Read more about the Tennessee Job Skills Program
Industrial Development Board Bonds are available to companies for infrastructure improvements. Funds must be applied for from the state by local industrial development boards, and are distributed locally by those boards at their discretion.
Read more about Industrial Development Board Bonds
Recovery Zone Economic Development Bonds are available for community improvement in areas that have been designated by their local government as "Recovery Zones."
