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Incentives Based on Job Creation or Training

Incumbent Worker Training (IWT)

Incumbent Worker Training (IWT) provides training to currently employed workers to keep Florida's workforce competitive in a global economy and to retain existing businesses. The program is available to all Florida businesses that have been in operation for at least one year prior to application and require skills upgrade training for existing employees. All IWT funds are subject to availability of funding and contingent on training needs. Awards are made on a first come - first served basis.

Quick Response Training (QRT)

Quick Response Training (QRT) is a customer-driven training program designed to respond quickly to meeting business-training objectives. Workforce Florida, Inc., the state's public-private partnership created to coordinate job-training efforts, administers the program. 

Your company would have the ability to select a local training provider - community college, area technical center or university - which will be available to assist in the application process and program development or delivery. Program instructors can be full or part-time educators, vendors, or subject matter experts. Reimbursable training expenses include: instructors'/trainers' salaries, curriculum development, textbooks/manuals, and materials and supplies.

Businesses approved for QRT funding are limited to one grant award per site every two years.  Approved training costs are disbursed to the training provider monthly, based on a cost reimbursement and performance method of payment.  All QRT funds are subject to availability of funding and contingent on training needs.  Awards are made on the first come, first served basis.

Qualified Target Industry Tax Refund (QTI)

The Qualified Target Industry (QTI) Tax Refund is a tool available to Florida communities to encourage quality job growth in targeted, high value-added industries. Pre-approved applicants creating jobs in Florida receive refunds on the taxes they pay including corporate income, sales, ad valorem, and certain other taxes. 

Eligible applicants pay an average annual wage that is at least 115 percent of the state, metropolitan statistical area (MSA), or the local average wage - a minimum average annual wage of $39,898 for Polk County. The amount of the refunds is equal to $3,000 per new job created. An additional $1,000 "per job" bonus is available for businesses paying 150 percent of the local or statewide average annual wage ($52,041 for Polk County). 

In order to participate, the company must apply to Enterprise Florida prior to making a decision to locate in Florida. The community must provide a resolution from the city or county commission recommending the applicant for the incentive and committing to provide a local match equaling 20 percent of the total tax refund. Statutory Reference: Section 288.106, Florida Statutes

Economic Development Impact Fee Mitigation (EDIFM)

A reduction of impact fees to encourage job growth in targeted high value added businesses.  The EDIFM was designed to encourage Build-To-Suit and Speculative Building Development.   More information

Urban Job Tax Credit

This incentive is designed to encourage the creation of jobs in urban areas of Florida. The Program provides tax credits to eligible businesses that are located within specific Urban Areas designated by the Office of Tourism, Trade and Economic Development (OTTED) and hire a specific number of employees. The credit ranges from $500 to $2,000 per qualified job and can be taken against either the Florida Corporate Income Tax or the Florida Sales and Use Tax, but not both.  Map.

Economic Development Transportation Fund

The Economic Development Transportation Fund (Road Fund) may be used to alleviate transportation impediments that adversely impact a company's location or expansion decision. Eligible transportation projects may include improvements such as access roads, turn lanes, and signalization. 

The funds may be used for design and engineering costs and construction costs of the transportation project. The governmental unit that will own and maintain the transportation improvement submits the application and is reimbursed after commencement of construction of the facility.

Award amount depends on necessary improvements and represents a grant to the government entity responsible for the improvements.