The Business Development Board of Palm Beach County is negotiating with 11 companies that would employ 1,669 people, President Kelly Smallridge said Thursday.
The biggest prize is a technology company code named Project P2P. The employer is considering a move to Boca Raton that would bring 838 jobs at an average salary of $55,000. The company would receive $6.1 million in tax incentives, including $5 million from the state and $576,400 each from the city and county. Boca officials this month signed off on their part of the package.
The Business Development Board also hopes to land Project Scandinavian, a financial company that’s considering a 260-person headquarters in West Palm Beach.