FortLauderdale.gov

Incentives for New and Expanding Businesses

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Our Warm Welcome Extends Beyond Our Abundant Sunshine -- Announcing City of Fort Lauderdale Incentives for New and Expanding Businesses

warm_welcomeQualified Target Industry

Tax refund incentives are available to companies that create high-wage, value-added jobs in targeted industries. Pre-approved applicants who create ten or more jobs can be eligible to receive tax refunds from $3,000 to $5,000 per new full-time equivalent job created.

Target Industries:

• Advanced Materials & Hi-Tech Manufacturing
• Alternative Energy & Renewable Resources
• Aviation/Aerospace
• Global Business Services
• Corporate Headquarters
• Human Resources Development & Higher Education
• International Media & Production
• International Trade & Logistics
• Life Sciences
• Marine Industry

Direct Cash

The Direct Cash incentive program is a local community inducement that is designed to encourage the growth of high skill /high-wage qualified jobs. Both new and existing businesses creating high skill/high wage jobs and serving multi-state or international markets may be eligible for this incentive. The incentive is a direct cash incentive paid to companies creating jobs in excess of the 115% of the County's average annual wage. This program requires the joint participation of Broward County and the municipality in which the company is, or will be located. Companies could receive up to $2,000 per new job created to a maximum Broward County contribution of $200,000 per company.

Our advantageous economic climate has helped the City of Fort Lauderdale establish itself as a world-class international business center and one of the most desirable locations for new, expanding, or relocating businesses.

For more information, call us at 954-828-6430