Newport Secures $2 Million Business Development Grant for New DriveSmart Office
Summary
DriveSmart Auto Care Inc. will be able to offer up to 200 jobs for the community of Newport, AR.TOMS RIVER, N.J., March 29, 2024 /PRNewswire/ -- The U.S. Department of Commerce announced to award the city of Newport with a $2 million grant to support job creation and business growth.This grant, presented by the Departments (EDA), will support DriveSmart Auto Care Inc. as they are preparing to open a new $5 million call center in Newport. The federal grant will be paired with $500,000 in local funds.The new location in Newport, Arkansas marks the expansion as DriveSmarts second office site. EDA funds both districts to unite the public and private sectors in crafting an economic development blueprint aimed at fortifying the regional economy, strengthening private capital investment, and generating employment opportunities.Founded in 2016, DriveSmart Warranty has rapidly established itself as a leading administrator of vehicle protection services across the United States. We strive to forge lasting relationships with our customers, ensuring their journey with us extends beyond a mere transaction.Our product line is designed to cater to a wide range of vehicles, accommodating those up to 20 years old. Our goal is to make it less so, by providing reliable, trustworthy, and high-quality automotive protection solutions.