Incentives

Palm Beach County offers relocating and expanding companies competitive incentives on par with other major metropolitan areas and states. These incentives are flexible and apply to many different industry sectors and activities. Local and state government provides various types of assistance to new and expanding businesses that create employment. The level of assistance depends on the number of jobs created and the wage/benefits provided.

The Business Development Board of Palm Beach County’s expert team helps you facilitate a wide array of expansion and relocation incentives through state and local government agencies. Our staff is experienced in navigating the tax abatement and grants processes through established working relationships with the appropriate professionals throughout Palm Beach County.

Palm Beach County Local Incentives through the Department of Sustainability (DES)

 

 


Employed Worker Training

Ad Valorem Tax Exemption
Film & Television Incentive Grant Program
Foreign Trade Zone #135
Job Growth Local Incentive Fund  
**Additional Local Incentives at the bottom

Florida Power & Light  - Economic Development Rate
FPL's new Office of Economic Development is creating a suite of professional services intended to assist businesses with strategic planning, project coordination, site selection, rate options, sustainability and energy efficiency. An experienced staff will provide a single point of contact with the technical expertise and knowledge to help businesses thrive in this region.

For more information, contact PoweringFlorida@FPL.com.

 

State Incentives
Florida's Key State Incentives

Florida's Economic Gardening Program 
QTI Information Qualified Target Industry Tax Refund Program
 
QRT Information Quick Response Training Program 
Economic Development Transportation Fund Road Fund 
Incumbent Worker Training Program Information 
QDC Information Qualified Defense Contractor Tax Refund Program 
HIPI Information High Impact Business Performance Incentive Grant 
CITC Information Capital Investment Tax Credit 
Private Activity Bonds Information 
Pooled Private Activity Bonds Information 
Florida Opportunity Fund

Enterprise Zone
E-Zone Information Matrix
 
E-Zone Liaison 
E-Zone Maps
E-Zone Forms
E-Zone Matrix for Urban Incentives

Urban Enterprise Zone
Urban Enterprise Zone Overview

Enterprise Zone Matrix for Urban Incentives
Special Considerations for Urban Areas
Urban Job Tax Credit Program Information

Business Taxes & Exemptions
Florida Tax Advantages 
Sales and Use Tax Exemption - Machinery and Equipment
Tax Exemptions for R&D Equipment
Semiconductor, Defense and Space Sales Tax Exemption 
Tax Exemptions - Aviation
Tax Exemptions Within the Space Industry
Manufacturing Incentives Matrix
Sales Tax Exemption on Electricity and Steam

Brownfields 
Brownfield Redevelopment Bonus Incentive Information
Palm Beach County Brownfield Map

City Incentives
Lake Worth
Palm Beach Gardens

**Additional Local Incentives

Boca Raton CRA
CRA website: www.ci.boca-raton.fl.us/dev/index.shtm
City website: www.ci.boca-raton.fl.us
        Boynton Beach CRA
CRA website: boyntonbeachcra.com/
City website: www.boynton-beach.org 
           
Delray Beach CRA
CRA website: www.delraycra.org
City website: www.mydelraybeach.com
        Jupiter CRA
CRA website: None
Town website: www.jupiter.fl.us
           
Lake Park CRA
CRA website: None
Town website: www.lakeparkflorida.gov
        Lake Worth CRA
CRA website: www.lwcra.net
City website: www.lakeworth.org
           
Northwood/Pleasant City CRA
City website: www.cityofwpb.com
        Northwood Renassaince, Inc. 
CRA website: www.northwoodbusiness.org
           
Riviera Beach CRA
CRA website: www.rbcra.org
City website: www.rivierabch.com
        West Palm Beach CRA
CRA website: None
City website: www.cityofwpb.com
           
Downtown West Palm Beach/
Clematis Street District
DDA website: www.westpalmbeachdda.com
        Westgate/Belvedere Homes CRA
CRA website:www.pbcgov.com/hcd/westgate/

 

Where can you get more information?

Business Development Board of Palm Beach County
310 Evernia Street, West Palm Beach, FL 33401
561.835.1008

Kelly Smallridge, President and CEO
ksmallridge@bdb.org

Gary Hines, Senior Vice President, Administration
ghines@bdb.org

Shawn Rowan, Vice President, Business Retention and Expansion
srowan@bdb.org

 

 

 

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