Subsidy Tracker Individual Entry

Company: 
NovaCopy, Inc.
Parent Company: 
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
5520 Shelby Oaks Drive
Project Description: 

invest in and add jobs to Appling Farms Business Park location

Year: 
2013
Subsidy Value: 
$194,335
Program Name: 
Memphis PILOT
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
30
Wage Data: 
$44,133
Wage Data Type: 
salary
Capital Investment: 
$4,830,000
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the city. PILOT is for 4 year period. Year is year credit approved. Jobs figure is 30 created jobs. Wage figure is projected average salary.

Source Notes: 
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