Cobb County Government

Business Incentive Review Process

 

 

Business Incentives Review Committee

This committee was established to review and assess the validity of requests for economic incentives on as “as-needed basis”. This committee consists of the following staff:

  • Director, Office of Economic Development
  • Director, Community Development Agency
  • Chief Appraiser/Director, Office of the Tax Assessor
  • Director, Finance
  • Engineer IV, Water System

Michael Hughes, Director of the Office of Economic Development, is responsible for coordinating these meetings.

Minimum Qualifications

  • Creation of 25 full time jobs
  • Capital investment anticipated (personal and real property)
  • Headquarters’ company
  • Targeted industry
  • Other

Application Process

  1. Business prospect/representative writes a letter and completes a project application to the County’s Office of Economic Development requesting business incentives to help them locate and/or expand their business in Cobb County (see E: Project Application).
  2. The Business Incentives Review Committee receives letter and other supporting documentation.
  3. Committee meets to discuss/assess the project.

Advantages of Cobb County

  • County offers one-stop permitting and was voted best government in metro area by business leaders.
  • Three 4-year colleges and two technical schools provide an educated work force.
  • Low insurance rating (3).
  • Award winning school system rated in top 10% by national standardized test scores.

County Incentives

  • No site or structural review fees.
  • No development impact fees for transportation, parks, public safety and libraries.
  • No water system development fee.
  • Financing at zero interest rate of the System Development Fee over a three to five year period.

State Incentives

  • Companies creating 25 or more new jobs may be eligible for $1,250 per job tax credit for five years in compliance with the BEST program in the State of Georgia.*
  • Qualifying companies may receive free job training through the Quick Start program in the State.
  • Companies may qualify for investment tax credits or other capital improvement credits through the BEST program.

Project Application

Please provide the County with a summary of the following items:

  • Company background
  • Project description
  • Estimated jobs created
  • Estimated payroll