Tennessee Committed to at Least $60 Million in Economic Incentive Grants This Year

Tennessee has committed to more than $60 million in FastTrack economic incentive grants to businesses this year after committing more than $200 million of the grants to businesses in 2021.

FastTrack grants are state grants sent to local governments for specific infrastructure improvements or to companies to help offset the costs of expanding or moving into the state with the goal of increasing the number of full-time jobs and the average wages of jobs available in an area.

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