business to cobb
Clark Hungerford Chairman
Bob Morgan Vice Chairman
Donna C. Rowe Secretary/Treasurer
Kevin Nicholas Assistant Secretary/Treasurer
Nelson Geter Executive Director
Dan McRae Legal Counsel
The DACC assists prospective relocating or expanding companies that meet certain criteria by receiving and administering state grant funds, and by serving as a financing conduit that issues Industrial Development Revenue Bonds to help companies borrow money from traditional lending institutions to finance relocation or expansion. Since these are held by qualified financial institutions, no county taxpayer dollars are involved in their issuance. Additionally, competitive, discretionary funds may be available to key projects that create full-time, high-wage jobs and invest significantly into our tax base, providing our schools a high return on investment.
To apply for financing through the Development Authority of Cobb County, fill out our Project Application.
The DACC partners with Cobb’s Competitive Edge, which serves as the designated single point of contact for economic development prospects interested in sites, relocations, and expansions in Cobb County. Together, they pool their financial resources and human capital to efficiently and effectively market the community at minimum costs.
Cobb County’s economic development successes achieved in 2011 thanks, in part, to the DACC through its partnership with the Cobb Chamber has resulted in over 23,000 jobs.