Over the past two years, the state of Florida has promised $155 million to companies able to introduce new jobs into the local economy. Of that payout, $12 million will be allocated to South Florida businesses. The largest sum to a single company, $1.5 million, will go to online marketing and inbound call center, Saveology, for moving their headquarters and creating 750 jobs over the next three years.
According to the City of Boca Raton’s Economic Development Incentive Program, over $4.5 million (state, county, and city incentives combined) will be distributed to almost two dozen local companies once hiring goals have been met. If successful, more than 3,500 Boca Raton jobs will have been retained or created.
Boca Raton offers a wide variety of incentives programs such as:
Business Development Grants
Business Development Loans
Development Process Incentives
Energy Efficiency Retrofit Grants
Façade Improvement Grants
Local Match of State & County Economic Development Programs
Property Transfer or Acquisition
Tax Increment Financing
Unique Opportunity/Alternative Incentive Program
Workforce Development Assistance and Grants
To see if your business qualifies for one of these programs and/or to fill out an application, please visit: