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Guilford County Awards $75,933,517 Grant Contract to JETZERO (June 2025)

Guilford County logoGuilford County
Disclosed value
$75,933,517
From minutes
Approved
Jun 12, 2025
Term
20 years

The 30-second brief

What it covers

Guilford County approves a $75.9 million incentive grant for JetZero Inc. over 20 years, supporting real property improvements, equipment, and machinery worth $4.7B by December 31, 2036. This aims to create 14,564 jobs with an average wage of $89,341, boosting local economy.

Who holds it

JETZERO holds this grant contract with Guilford County. Its other public contracts on record include work for City of Long Beach and Alamance Community Fire District, Inc..

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Grant
Amount
$75,933,517
Document date
June 12, 2025
Term
20 years
Vendor
JETZERO
Agency
Guilford County
Source document
guilford-county-board-of-county-commissioners-meeting-minutes-june-12-2025_b52.pdf (Minutes)

JETZERO's other public contracts

City of Long Beach, CaliforniaGround lease extension for JetZero at airport · Oct 14, 2025UndisclosedCity of Long Beach, CaliforniaJetZero lease extended through 2059 · Oct 14, 2025UndisclosedAlamance Community Fire District, Inc., North CarolinaJetZero Inc Gets $75.9M Guilford County Grant · Jun 12, 2025$75.9MAlamance Community Fire District, Inc., North CarolinaJetZero Inc. Incentive Grant Considered by Guilford County · Jun 12, 2025$75.9MGuilford County, North CarolinaJetZero Inc. considered for $75.9M economic development grant · Jun 12, 2025$75.9MAll JETZERO contractsVendor profile

More Guilford County contracts

Mdc ConsultingMDC Consulting Recommended for $267,135 Childcare Contract · Oct 15, 2026$267.1KMdc ConsultingMDC Consulting Recommended for $267,135 Childcare Study · Oct 15, 2026$267.1KSouth Carolina Community Loan FundCommunity Loan Fund Considered for Birth Center Financing · Oct 15, 2026$9.5 MillionU.S. BankU.S. Bank Named Potential Birth Center Financier · Oct 15, 2026$9.5 MillionBlack Wall Street Foundation (Bwsf)County Recommends $750,000 Birth Center Contribution · Oct 15, 2026$750KAll Guilford County activityAgency profile

Questions about this contract

Who was awarded the grant contract by Guilford County?

JETZERO was awarded this grant contract by Guilford County, as recorded on June 12, 2025. The contract value is $75,933,517.

How much is the JETZERO contract with Guilford County worth?

The JETZERO contract with Guilford County is valued at $75,933,517, covering grant work.

What type of contract is this?

This is a Grant contract, documented as a minutes record.

Where was this contract approved?

This contract appears in guilford-county-board-of-county-commissioners-meeting-minutes-june-12-2025_b52.pdf (Minutes), dated June 12, 2025 from Guilford County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does JETZERO hold?

JETZERO may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Guilford County currently buying?

Explore Guilford County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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