CONTRACTPENDING

City of Salem, grants for Novozymes $4M investment

Disclosed value: $50,000; From contract
Document date: Jan 1, 2025
Term: 2025-2027

What it covers

City of Salem enters into a performance agreement with Novozymes Biologicals, Inc., offering up to $50,000 in machinery and tools grants to offset increased taxes resulting from a capital investment of at least $4,000,000 by December 31, 2027, contingent upon job creation and tax revenue increase.

Who holds it

Novozymes Biologicals holds this grant contract with City of Salem.

What happens next

Term as filed: 2025-2027.

See who signed off on this $50K contract.

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Contract details

Contract type: Grant
Amount: $50,000
Document date: January 1, 2025
Term: 2025-2027
Vendor: Novozymes Biologicals
Agency: City of Salem
Source document: city-of-salem-performance-agreement-with-novozymes-biologicals-inc_55c.pdf (Contract)

Novozymes Biologicals's other public contracts

City of Salem, VirginiaNovozymes Biologicals performance agreement · Sep 8, 2025Undisclosed City of Salem, VirginiaAgreement with Novozymes Biologicals to be finalized · Aug 25, 2025Undisclosed City of Salem, VirginiaNovozymes Biologicals Inc. considered for $50,000 incentive grant · Aug 25, 2025$50K City of Salem, VirginiaNovozymes Biologicals, Inc. local performance agreement approved · Aug 25, 2025Undisclosed All Novozymes Biologicals contractsVendor profile

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Questions about this contract

Who was awarded the grant contract by City of Salem?

Novozymes Biologicals was awarded this grant contract by City of Salem, as recorded on January 1, 2025. The contract value is $50,000.

How much is the Novozymes Biologicals contract with City of Salem worth?

The Novozymes Biologicals contract with City of Salem is valued at $50,000, covering grant work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-salem-performance-agreement-with-novozymes-biologicals-inc_55c.pdf (Contract), dated January 1, 2025 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Novozymes Biologicals hold?

Novozymes Biologicals 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 City of Salem currently buying?

Explore City of Salem's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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