Most people relocating to Florida are drawn to its warm climate, advanced healthcare facilities, and endless recreational possibilities. There are some unique qualities about the Panhandle, including the home to the best beaches and seafood festivals in America.
If you are planning on relocating or expanding to the Florida Panhandle, your business may qualify for a grant offered through the University of West Florida.
Applications are now being accepted at the UWF Office of Economic Development and Engagement through June 16, 2016 for $5 million in job creation incentives.
Businesses in clean technology, life sciences, aviation and aerospace, information technology, homeland security and defense, manufacturing, and financial and professional services will be given preference by the OEDE though all applicants will be considered. Companies can receive a maximum of $1M in incentives.
These grants are funded by the Industry Recruitment, Retention and Expansion Fund, which were allocated by the Florida Legislature in 2011 to foster economic recovery in those areas hit hardest by the Deepwater Horizon Oil Spill of 2010, and supplements local and state incentives to encourage medium and large companies to relocate to the Florida Panhandle.
To see if your company is eligible, and if your projects meet specific qualifications of the grant, please visit OEDE for details.