Novozymes Biologicals Inc. considered for $50,000 incentive grant
- Disclosed value
- $50,000
- From agenda
- Document date
- Aug 25, 2025
The 30-second brief
The City of Salem is considering a local incentive grant of $50,000 to Novozymes Biologicals Inc., provided through a machine and tool tax grant. Novozymes Biologicals is also committed to investing at least $4,000,000 in new taxable machinery and tools, which would create a minimum of 5 new jobs.
Novozymes Biologicals holds this grant contract with City of Salem.
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Contract details
- Contract type
- Grant
- Amount
- $50,000
- Document date
- August 25, 2025
- Term
- NA
- Vendor
- Novozymes Biologicals
- Agency
- City of Salem
- Source document
- city-of-salem-agenda-performance-agreement-with-novozymes-biologicals-inc_371.pdf (Agenda)
Novozymes Biologicals's other public contracts
More City of Salem contracts
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 August 25, 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 agenda record.
Where was this contract approved?
This contract appears in city-of-salem-agenda-performance-agreement-with-novozymes-biologicals-inc_371.pdf (Agenda), dated August 25, 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.