State & Local Business Incentives

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State & Local Business Incentives

State Incentives

Florida offers bottom-line advantages for long term profitability for all types of businesses, from corporate headquarters to manufacturing plants to service firms. A complete list of incentive programs and tax exemption opportunities is available through the Florida Department of Commerce.

County Incentives

Jobs Growth Incentive Program

The Economic Development Department of Seminole County initiated a Jobs Growth Incentive Fund in 1995 for companies creating new jobs. Seminole County will consider awarding funds for expenses such as impact and permit fees, relocation costs, equipment purchases, land acquisition, building construction, loan interest pay-down, lease-hold improvements or any other legitimate business expense as determined by the Board of County Commissioners. Special consideration will be given to projects seeking to locate in targeted redevelopment areas. Preference will be given to projects that will be constructing new buildings. This program is available to new and expanding companies in Seminole County.

Please contact the Economic Development Office for more details on the program at (407) 665-2908.

City Incentives

Altamonte Springs

The city of Altamonte Springs has worked in partnership with Seminole County to provide incentives for projects on a case-by-case basis.

Casselberry

The city of Casselberry has worked in partnership with Seminole County to provide incentives for projects on a case-by-case basis. The city will frequently assess the needs of their business community and adjust their incentive offering as needed. Programs available may include technical assistance or industry-specific incentives. Visit the Casselberry Economic Development page for more information.

Oviedo

The city of Oviedo has worked in partnership with Seminole County to provide incentives for projects on a case-by-case basis. The city will assess the needs of their business community and adjust their incentive offering as needed. Programs available may include technical assistance or industry-specific incentives.

Lake Mary

The city of Lake Mary has worked in partnership with Seminole County to provide incentives for projects on a case-by-case basis.

Longwood

The city of Longwood has worked in partnership with Seminole County to provide incentives for significant projects on a case-by-case basis. The city offers a Residential Energy Efficiency Program (REEP) that allows for energy efficiency rebates. The city has designated and approved the Longwood Economic Enhancement Program (LEEP) that takes advantage of State brownfield rebates and incentives.

Sanford

The city of Sanford has worked in partnership with Seminole County to provide incentives for projects on a case-by-case basis.

Winter Springs

The city of Winter Springs will create a customized incentive package for qualifying businesses. The City's package may include one or more of the following: property tax exemption, impact fee credit, performance-based cash grant, local share of the State of Florida incentives in partnership with Seminole County.