Florida encourages growth throughout the state by
offering increased incentive awards and lower wage-qualification thresholds in
rural counties. Additionally, a Rural Community Development Revolving Loan
Fund and Rural Infrastructure Fund exist to meet the special needs that
businesses encounter in rural counties.
Florida offers increased incentive awards and lower
wage-qualification thresholds for businesses locating in many
urban core/inner city areas that are experiencing conditions affecting the
economic viability of the community and hampering the self-sufficiency of
Enterprise Zone Incentives
Florida offers an assortment of tax
incentives to businesses that choose to create employment within an
which is a specific geographic area targeted for economic revitalization. These
include a sales- and use-tax credit, tax refund for business machinery and
equipment used in an Enterprise Zone, sales-tax refund for building materials
used in an Enterprise Zone, and a sales-tax exemption for electrical energy used
in an Enterprise Zone.
Florida offers incentives to businesses that
Brownfield sites, which are underutilized industrial or commercial sites
attributable to actual or perceived environmental contamination. The Brownfield
Redevelopment Bonus Refund is available to encourage Brownfield redevelopment
and job creation. Approved applicants receive tax refunds of up to $2,500 for
each job created. All property at Melbourne International Airport is eligible
for Brownfield grants.