The Georgia Medical Center Authority (GMCA) provides a valuable tool in securing the necessary finances to construct or renovate facilities suitable for life sciences R&D and manufacturing based in the State of Georgia.

The GMCA’s authority to issue up to $300 Million in negotiable, revenue bonds has a statewide impact as a revenue raising mechanism available to all communities in the state of Georgia, and it is strictly a conduit bond financing source. With this type of financing, the project itself must secure the repayment of the bonds (i.e., “self-liquidating”). As a state authority, GMCA is guided by the policies and procedures established by the Georgia State Financing & Investment Commission (GSFIC).

• Office Space
• Laboratories
• Treatment Centers
• Other related buildings, structures & equipment
• Associated facilities such as parking facilities and common areas

Under the current set procedures, GMCA staff will review the proposed projects and will perform initial due diligence to determine the feasibility. The projects deemed within the scope of the bonding authority guidelines will be presented to the GMCA Board of Directors for approval by resolution. GMCA will work closely with the Attorney General’s Office, the Georgia State Financing & Investment Commission (GSFIC), the Governor’s Office of Planning and Budget (OPB), and the Georgia Department of Economic Development (GDEcD), on life science industry projects appropriate for bond financing.