Economic Development

Economic Development. It is the grant recipient’s responsibility to ensure the benefitting business is in compliance with all guidelines, jobs (created and maintained) are documented and benefitting business investment is met. If DIP funds are released and the project does not materialize or the benefitting business’s requirements are not met, the grant recipient will be required to pay the DIP funds back to MDA. The grant recipient therefore, should hold the benefitting business responsible for meeting the investment and jobs requirements.