Motorsports TROF funds are awarded as incentive grants to recruit motorsports research and design facilities, engine fabricators, specialized machine shops, racing controls and instrumentation makers, race car teams, and other businesses that support and supply the racing industry. Local or regional government entities may apply for grants of up to $50,000 to assist in the attraction or expansion of companies that will commit to creating at least five new jobs and investing private capital of at least $250,000 within a 30 month period. Requests for funding are considered by the Commission's TROF panel. Approved grants are subject to a performance agreement.
TROF Application (doc)
Microsoft Word documents (.doc) - Word Viewer
|
