Fairfield businesses accessing low-interest loan program

Eleven businesses in Jefferson County have accessed the Regional Economic Development Investments, Inc. revolving loan fund since its 1991 inception, far outpacing all other counties in the ten-county Area XV performance region in dollars accessed, other investment and jobs created, the Fairfield Economic Development Association said Friday. Since the revolving fund’s inception, Jefferson County businesses have accessed $1,196,200 in low-interest loan funds, matching it with over $9 million in additional investment. 511 jobs have been retained and/or created in Jefferson County as a result of the allocations.
To check out how Jefferson County compared to the other counties in the Southeast region click here.
To read entire media release click here.

Jan 21 2009 Creative Edge awarded incentives to expand

Fairfield employer Creative Edge Master Shop has received more than $220,000 in incentives and low-interest loans to expand its operations and add 22 new jobs in Fairfield.  FEDA partnered with the company to help assemble the funding package which leverages every $2.26 in company investment for every dollar of incentives.  Get all the details here.