RELATING TO TRADE-ORIENTED PRODUCTION CAPACITY GRANT PROGRAM.

Summary

The bill establishes the Trade‑Oriented Production Capacity Grant Program within the Department of Business, Economic Development, and Tourism. It provides one‑time grants for equipment, automation and facility improvements that expand production capacity for export, and requires matching private‑sector funds. The program targets businesses with demonstrated interstate or international market potential to diversify the economy and create jobs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share