The Grenada County Board of Supervisors is being awarded a $5.3 million grant by the Economic Development Administration (EDA) to improve access to Grenada Technology Park North.
The EDA’s project will consist of a four-lane road that will grant commuters access to Grenada Technology Park North. In addition, the project is being met with $2.6 million in local funds with the goal of creating 800 jobs, retaining 1,100 jobs, and generating $60 million in private investments.
“The leadership and people of Grenada County deserve credit for staying focused on infrastructure that will bring more jobs and growth to this area,” Senator Cindy Hyde-Smith (R-Miss.) said regarding the project. “This latest EDA investment, along with local and state input, will reap benefits as the technology park becomes a base for more companies.”
Congressman Bennie Thompson (D-Miss.) also touted the project being constructed by the EDA.
“The EDA project will help roadway access to attract new businesses to the park. The work that EDA is achieving is amazing and phenomenal. This investment will give the businesses the growth that is needed,” Thompson said.
The EDA credits the North Central Planning and Development District for all of the project’s planning efforts.