Unique Incentives Grow Economic Development in Cumberland County
In the heart of the Northeast corridor, Cumberland County, New Jersey, is located within 300 miles of nearly 20% of the U.S, population. Within minutes of Philadelphia and close to New York City, Baltimore and other major metropolitan areas, Cumberland County occupies 500 square miles of land in southern New Jersey where a strong agricultural base exists among targeted industry sectors including Advanced Manufacturing, Food Operations and Logistics.
Introducing the Cumberland County Improvement Authority
The Cumberland County Improvement Authority (CCIA) is your total economic development resource. It serves as the county’s multi-purpose financing, development and project management agency whose primary purpose is to plan, finance and construct public improvements such as schools, municipal buildings, transportation facilities, housing developments, infrastructure redevelopment, roadway construction and beautification, and convention facilities.
Throughout its existence, the CCIA has been responsible for the financing and project management of major public development projects vital to the economic future of Cumberland County and New Jersey.
Say YES to Cumberland County, NJ
Are you looking for an ideal place to locate or relocate your business? There are plenty of reasons to do business in Cumberland County. Here are a few:
- Strategically positioned for business: Cumberland County’s prime, Mid-Atlantic location offers unbeatable access to the global marketplace with a Complete Transportation Infrastructure.
- Exceptional financing and incentive programs: We’ve assembled a team to help you successfully navigate through matters like site planning, permitting, program guidelines and more. We’ll assist you in identifying and executing the generous range of financial and support services available to your company.
- Outstanding workforce: Ensuring your business has multi-level, skilled labor is something we’ve mastered. We’ll be an integral part of your project team to ensure your success. We’re also investing heavily in our future workforce with the construction of a full-time Technical Education Center. This facility represents a $69.8 million dollar state-of-the-art project to be located on the campus of the Cumberland County College. This site brings the added advantage of other and complementary course curricula and gets students acclimated to a more diverse and sophisticated academic environment. The new school is scheduled to open in the fall of 2016.
- Quality of life: Access to nationally-ranked and globally known health care and education institutions makes Cumberland County a wonderful location for family growth and development. Cumberland County offers the most sought after amenities in a truly affordable and congestion-free area. We have the perfect mix of national and local retailers and restaurants centered among outlying nature preservation areas, including the beautiful Delaware Bay.
- Online resources: We recently launched a brand new CumberlandYES.com website that provides you with instant access to information and contacts.
- Availability of local properties where your success begins: Cumberland County is home to industrial parks in both Vineland and Millville. We are also home to thousands of prime acres, shovel ready – and awaiting your arrival.
Listen to the experts
Hear firsthand from some local business owners, local leaders and Cumberland County Economic Development officials:
Unique Economic Development Incentives
While Cumberland County is home to business of all types, farming and food processing are synonymous with the State of New Jersey, especially in Cumberland County. Executives at Allied Specialty Foods, Inc., Bridor, Inc. and the Safeway Food Group all agree that they’re able to develop and distribute their products at a lower cost because of the generous economic development incentives available here.
GROW New Jersey is one example of the economic development incentives available. It rewards companies for job creation and retention and will benefit Allied Specialty, a restaurant and retail food supplier with $13.77 million in tax credits. The financing will be used to carry out the company’s 10-year plan to relocate and expand to a larger 76,500-square-foot facility.
“Our incentive package is hard to match,” said Jim Watson, Cumberland’s Economic Development Director. Local empowerment and enterprise zones offer tax abatements, low-interest loans, and sales tax exemptions for construction, equipment and supply purchases. GROW New Jersey money is available to companies with as few as 10 employees. “Imagine receiving $1 million for 10 years for hiring just 10 employees,” said Watson.
Welcoming businesses of all types to Cumberland County
In addition to GROW New Jersey, a host of other local, state and federal incentives make it attractive for businesses of all types to locate here. Some of these include:
Urban Enterprise Zones
- New Jersey Economic Redevelopment and Growth Program
- Brownfield Clean up Funding
- U.S. EDA Public Infrastructure Funding
- Cumberland Empowerment Zone
So much more in store
For more information on these incentives and other reasons to do business in Cumberland County, visit www.ccia-net.com. The CCIA develops, finances and manages projects vital to sustaining the economic and environmental future of the County and State. The Authority works with the Cumberland County Board of Chosen Freeholders to foster economic growth, business development and quality of life.