City awards Joby with $500,000 loan for local job creation – Santa Cruz Sentinel

City awards Joby with $500,000 loan for local job creation – Santa Cruz Sentinel

Santa Cruz Mayor Fred Keeley, center right, presides over a ribbon cutting in June 2023 for Joby Aviation’s new headquarters on Encinal Street. (Nick Sestanovich — Santa Cruz Sentinel)
SANTA CRUZ — The Santa Cruz City Council approved a motion at its meeting Tuesday to provide local aeronautical company, Joby Aviation, with a forgivable loan of $500,000 to help establish an employment center and incentivize the company to remain in the city of Santa Cruz…
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Source: https://www.santacruzsentinel.com/2024/02/28/city-awards-joby-with-500000-loan-for-local-job-creation/amp/