Local Incentives - Metro Orlando Economic Development Commission / Metro Orlando EDC

Program Names		Description
Regional Programs
	Florida High Tech Corridor Council Matching Grants	Grants designed to expand the research activities of a FHTC industry partner by providing matching funds to leverage research collaborations between Industry and UCF / USF.

Local Programs

Orange County
	Enterprise Zone Jobs Tax Credit	Businesses located in an enterprise zone who pay corporate income taxes a tax credit for wages paid to new employees who have been employed by the business for at least three months and are residents of a Orange County enterprise zone area.
	Enterprise Zone Property Tax Credit	Businesses located in an enterprise zone are allowed a credit on Florida corporate income tax equal to 96% of ad valorem taxes paid on the new or improved property.
	Community Contribution Tax Credit Program	Allows businesses anywhere in Florida a 50% credit on Florida corporate income tax or insurance premium tax for donations to local community development projects.
	Credit Against Sales Tax for Job Creation in an Enterprise Zone	Businesses located in a Florida enterprise zone, who collect or pay Florida sales and use tax, a monthly credit against their tax due on wages paid to new employees who have been employed by the business for at least three months and are residents of an Orange County enterprise zone area.
	Sales Tax Refund for Building Materials Used in an Enterprise Zone	Refund is available for sales taxes paid on the purchase of certain business property (e.g. tangible personal property such as office equipment, warehouse equipment, and some industrial equipment and machinery), which is used EXCLUSIVELY in an enterprise zone for at least three years.
	Sales Tax Refund for Business Machinery and Equipment Used in an Enterprise Zone	Refund is available for sales taxes paid on the purchase of building materials used to construct or rehabilitate real property located in an enterprise zone.
	Qualified Target Industry Tax Refund Program (QTI) Local Match	Orange County contributes a local match to make up the total QTI award.

City of Orlando
	Job Creation Incentive Program	Incentives to qualifying companies to offset the costs related to relocation and/or expansion. The City may award grants for qualifying companies from its Job Creation Incentive Fund.
	Infrastructure and Site Improvements	Customized incentives are available for infrastructure and site improvements. The City may reimburse the client for a negotiated portion of any public right-of-way improvements made in support of the development of the site.
	Orlando's Enterprize Zone Program	Any business located in an Enterprise Zone can receive tax credits on the state sales and use tax, corporate income tax and property tax. In addition, if more than 20 percent of a company's full-time permanent employees live in the zone, the company earns higher credits and exemptions.
	Urban Job Tax Credit Program	Tax Credit taken against either the Florida Corporate Income Tax or the Florida Sales and Use Tax. The business must be located within and expanding employment or relocating to the City of Orlando's designated urban area.
	Downtown Enhancement Economic District	DEED is a State of Florida program that provides economic development tools and resources to property owners and businesses located or considering locating in a DEED area.
	Business Assistance Program	Program designed to encourage location and/or expansion of small businesses in the City by assisting with small-scale infrastructure projects and offsetting development fees.
	Arts and Culture Assistance Program	Program designed to encourage arts and culture-related businesses and organizations to locate, expand, or redevelop in the Traditional City of Orlando.
	Business District Program	Program provides matching funds to new and expanding businesses in the City to assist in off-setting development fees, including sewer and transportation impact fees, building permit fees, and all elements of public right-of-way infrastructure within the City’s jurisdiction that may require new installation, repair, replacement, or relocation.
	Film and Television	This program cuts the production costs within the Orlando market by 15%, allowing us to be competitive. In addition, this Program is intended to compliment current private industry incentives being offered by Orlando businesses.
	Qualified Target Industry Tax Refund Program (QTI) Local Match	The City of Orlando contributes a local match to make up the total QTI award.

Seminole County
	Jobs Growth Initiative Fund	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 for businesses creating new jobs.
	Qualified Target Industry Tax Refund Program (QTI) Local Match	Seminole County contributes a local match to make up the total QTI award.

Lake County
	Job Growth Investment Trust Fund (JGI)	Cash incentives to companies that create quality jobs in Lake County.
	Impact Fee Deferral Program	Allows a company to defer payment of impact fees from the date of issuance of building permit to the time of issuance of a certificate of occupancy. This deferral program may be used for new construction of industrial or manufacturing facilities or expansion of existing industrial or manufacturing facilities.
	Fast Track Permitting	This program expedites the planning and review method for site plan and building permits. It saves companies time and money in getting projects off the ground.
	Qualified Target Industry Tax Refund Program (QTI) Local Match	Lake County contributes a local match to make up the total QTI award.

Osceola County
	Impact Fee Mitigation	Targeted industries creating more than 10 jobs or expanding their Osceola County employment by 10% percent (whichever is greater) can qualify for a mitigation of their transportation impact fees.
	Fast Track Permitting	Program to targeted industries that can expedite the local permitting process.
	Qualified Target Industry Tax Refund Program (QTI) Local Match	Osceola County contributes a local match to make up the total QTI award.
	Enterprise Zone	Osceola County Enterprise Zone designated on January 1, 2006. Designation expires December 31, 2015. Covers 5 square mile area. Tax credit and refund program.