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Grantapproved

town-of-ashland-eda-minutes-7-brew-grant-hotel-study-may-22-2025_422.pdf

Incentive Approved for Coffee Creamer Ventures LLC

$550,000Town of AshlandCOFFEE CREAMER VENTURESMay 22, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

I-95 Restaurant Incentive application request for Coffee Creamer Ventures LLC, franchisee for 7 Brew is approved with a financial rebate capped at $550,000.00 according to the terms set out by the EDA attorney and in accordance with program guidelines. Estimated investment of $1.4 million, with $350,000 from partners. Completion date is in October.

Contract Details

Contract Amount

$550,000

Vendor

COFFEE CREAMER VENTURES

Agency

Town of Ashland, VA

Contract Type

Grant

Document Date

May 22, 2025

Contract Term

6 years

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