There are plenty of good reasons to pack your bag and head for Seminole County. Everything a successful business could need is right here. A warm and inviting climate, an unmatched quality of life, a nationally ranked education system that provides the best educated workforce resources in the region, and a high transferee acceptance rate among employment recruiters.
Seminole County has prepared for growth with everything from a new expressway to pre-approved development sites, specialized job training, and infrastructure incentives. This is a community well prepared to do business with business. Get to know Seminole County, one of the fastest growing markets in the country. We are a nice place to visit and an even better place to live and work.
Jobs Growth Incentive Program
The Economic Development Department of Seminole County initiated a Jobs Growth Incentive Fund in 1995 for companies creating new jobs. Seminole County will consider awarding 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 expense as determined by the Board of County Commissioners. Special consideration will be given to projects seeking to locate in targeted redevelopment areas. Preference will be given to projects that will be constructing new buildings. This program is available to new, relocating, and expanding companies in Seminole County. New start-up companies must create a minimum of 3 new jobs that will earn 80% of the county’s average annual wage. Expanding companies must increase their employee base by a minimum of 10% and the jobs created must earn at least 80% of the county’s average annual wage. Companies relocating within Seminole County will need to create a minimum of 25 new jobs and must earn at least 115% of the county’s average annual wage. The county’s average annual wage is currently $40,015.
Please see the additional information for the Jobs Growth Incentive Program.
Redevelopment and Construction Grant
Redevelopment and Construction Grant Application The Redevelopment and Construction Grant encourages redevelopment of existing buildings and new construction in the US 17-92 CRA Area. The program provides funding for up to 20 percent of the total project cost, per building, to cover redevelopment and construction projects. Funding is available on a first-come, first-served basis. All funding is limited to Catalyst Projects as defined within the application under Eligibility Requirements.
Redevelopment and Construction Grant Application
CRA Grant Comparison Table
CRA Grant Process
Catalyst Project Definition