Business Incentives

Florida Business Incentive Programs

Visit eFlorida for a full list of business incentives including: targeted industries, workforce training, infrastructure, and special opportunties. A sampling of the most popular business incentive programs are listed below. 

Please contact us for confidential, customized service regarding details about these business incentives and other programs.

Qualified Target Industry Tax Refund Program (QTI)
Inducement program designed to encourage job growth by new or expanding employers in above average wage jobs.  Award amount varies according to the average wage of new-to-Florida jobs that will be created. In order to participate in our business incentive programs, a company must apply prior to making a decision to locate or expand in Florida.  If approved, applicant may receive refunds on the taxes it pays (corporate income, sales, ad valorem, intangible personal property, insurance premium, communications services, and certain other taxes). Local match required.

Quick Response Training Grant (QRT)
Customer-driven, customized program designed as a Tampa relocation incentive to provide the necessary training for new-to-Florida hires for new or expanding businesses.

Additionally, although they do not necessarily offer direct business incentive programs, with ever-changing workplace demands , Tampa stays at the forefront of technical education with the help of The Corporate Training Center at HCC, Learey Technical Center, the first in the country to develop a Customer Service Academy, and Aparicio-Levy Technical Center.

Economic Development Transportation Fund (Road Fund)
Inducement program designed to alleviate transportation problems that adversely impact a specific company’s location or expansion decision.  Applicants must apply prior to making a decision to locate or expand in Florida.

Brownfield Redevelopment Bonus Refund
Offered to encourage redevelopment and job creation within designated brownfield areas.  Refunds are based upon taxes paid by the business, including corporate income, sales, ad valorem, intangible personal property, insurance premium and certain other taxes.

Enterprise Zone
Tax credits are offered to eligible employers who locate within designated Enterprise Zones in Hillsborough County or the City of Tampa.

Jobs for the Unemployed Tax Credit Program (JUTC)
The Jobs for the Unemployed Tax Credit Program provides large and small business tax breaks to businesses to hire qualified employees who were previously unemployed. The program is available to all businesses that are identified as a “target industry.” The business may receive a tax credit of $1,000 for every employee hired as of July 1, 2010.

Tampa Hillsborough EDC’s public and private sector supporters are proud to be Enterprise Florida’s lead EDO for Hillsborough County and its three municipalities. 

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