The TEG is a discretionary grant issued from the City of Danville City Manager’s Office. This local grant is provided based on each organization’s particular needs, including, but not limited to, job creation, wage levels, and capital investment.
The TEG, if awarded to your project, would be payable after acceptable written certification by the company that the associated investments and job creation levels have been achieved in accordance with the detailed performance agreement between the parties. The term of the performance agreement associated with maintenance of investments and employment made by your company under the grant program would be for five years.