Industrial Development Board


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Industrial Development Board

A nonprofit, usually government-owned organization intended to promote the business community in a local area. A municipal or county government may form an industrial development board to design and implement strategies to bring new businesses to that municipality or county. For example, an industrial development board may issue a bond to pay for the construction of an industrial park, which is then marketed to potential businesses locally and nationally.
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* The Memphis & Shelby County Industrial Development Board (IDB), which grants real and personal property tax abatements (known as PILOTs, or Payments In Lieu of Tax) to qualified firms investing in the City of Memphis or the unincorporated areas of Shelby County.
The meeting also discussed the financial position of Small Industrial Development Board and took certain decisions in this connection to put it on right track.
Industrial Development Board of the Metropolitan Government Nashville
Nashville Industrial Development Board, 6th Cir., 8/14/02.
The Industrial Development Board of the City of Trussville, et al.; 749 So.2d 425 (Ala.
Northern Ireland Industrial Development Board has offered the company pounds 4m of selective financial assistance towards the cost of the investment.
And Northern Ireland's top jobs promotion agency - the Industrial Development Board - weighed in with another &L&45,000 as 'corporate' sponsors.
And it is often represented on Industrial Development Board trade missions abroad.
Boston--The Irish Trade Board, the Industrial Development Board for Northern Ireland and the International Fund for Ireland will mount a major U.S.
Norman Houston, a spokesman for Northern Ireland's main industrial promotion agency, the Industrial Development Board for Northern Ireland (IDB), says, "The simple fact is that we decided that attracting new investment and new jobs was vital to solving the problems that we face in Northern Ireland.
Upon graduation from the incubator, the City of Auburn Economic Development Office, the Auburn Center for Developing Industries Board, and the Auburn Industrial Development Board will encourage and assist each business to relocate within the Auburn community.
As an essential step of this project, UNIDO, in collaboration with the Industrial Development Board (IDB) under the Ministry of Industry and Commerce, has launched the bamboo training program in early 2019.

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