
The Employment Growth Program: Renewal & Updates!
The Shoals EDA’s Employment Growth Program is officially renewed! This program, designed to promote the increase of quality employment opportunities within The Shoals community, has been a great success and asset to our community. Through the EGP, we hope to encourage full-time employment growth through a streamlined process and incentive that provides assistance to eligible applicants offering new employment opportunities for Shoals citizens. From June 2022- June 2023, 11 companies participated in the EGP. These companies created a total of 51 new jobs with an average entry-level wage of $18/hr. This means over $1.9 million in new annual payroll has been created as a result of this program. It is exciting to witness the positive impact that this program continues to have on the Shoals community and its existing industries! To learn more and/or request an application, contact Rob Jones at (256)349-5632 or rjones@shoalseda.com. Below is a breakdown of the program’s details and processes: The EGP provides reimbursement to eligible for-profit companies for hiring between one and ten full-time employees (FTE) per year. The reimbursement amount for each qualified FTE is based on the entry-level wage for the position. Eligible applicants for the EGP must operate under one of the business activities described in




