JONESBORO, AR (KAIT) - A Jonesboro group is raising millions of dollars to lure higher-paying jobs to Region 8.
The fundraising drive is dubbed "Momentum Jonesboro" and is part of Jonesboro Unlimited, a private partnership development organization.
According to Talk Business & Politics, the group has already raised $2.2 million in private investments from 31 different companies. The goal is $3.7 million.
Jonesboro Regional Chamber of Commerce CEO Mark Young told TB&P that "Momentum Jonesboro" is part of a five-year plan to develop the city's economy.
The goal, according to TB&P, is to directly create 2,500 jobs that pay $42,000 or more.
The money is expected to be used for marketing campaigns, workforce development, and quality of life improvements.
For more information from Talk Business and Politics, click here.
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