Escambia County Economic Development Cash Incentive Program
A grant to qualified businesses that could assist in defraying costs incurred as a result of relocation or expansion. To qualify, a new or expanding company must create a minimum of 10 new permanent full-time jobs that meet the county wage requirements. The jobs must be retained for a period of three years. The company must be a target industry as defined by the Board of County Commissioners (BCC) or located within a targeted area, such as Community Redevelopment Areas (CRA), Enterprise Zones (EZ) or other areas identified by the BCC.
Santa Rosa County Land Pricing Guidelines
Pricing guidelines for publicly owned industrial property within Santa Rosa County. Guidelines are in place to provide Santa Rosa Economic Development with a rational, non-arbitrary, non-discriminating basis for determining a cost per acre for industrial publicly owned property. The point system represents the discount from the base price of the publicly owned property as it relates to the economic impact the proposed business will have on the area.
Enterprise Zone Incentive Program
This program offers an assortment of tax incentives to businesses that choose to create employment within an established Enterprise Zone (EZ), specific geographic areas within the City of Pensacola or Escambia County targeted for economic revitalization. Tax incentives from the State of Florida include Job Tax Credit for Sales and Use Tax, Job Tax Credit for Corporate Income Tax, Business Machinery & Equipment Sales Tax Refund, Building Materials Sales Tax Refund, and Property Tax Credit for Corporate. Escambia County provides an additional Community Redevelopment Area Façade and Streetscape Grant program and Sign Grant program.
For more information on Enterprise Zones contact:
Clara Long, EZ-1703, Escambia County, 850.595.3596
Rebecca Ferguson, EZ-1702, City of Pensacola, 850.435.1699
Kristina Wood, EZ-1701, Town of Century, 850.256.3208
Ad Valorem Tax Exemption for Expanding Business
Escambia County provides an Economic Development Ad Valorem Tax Exemption (EDATE) incentive program. This economic incentive, established in 2012, is a local option tax incentive for new or expanding target industry businesses, which may be granted at the discretion of the county commissioners.
Gulf Power Re-Occupancy Incentive
This program was developed to support business owners willing to occupy existing buildings and increase economic viability to communities. Qualifying buildings must be a minimum of 10,000 square feet conditioned space. A minimum 12-month lease (or purchase) is required. Not available for relocation of existing establishment (except where associated with significant expansion). The customer must meet the Company’s credit standards for establishing an electric service account.
117 West Garden Street | Pensacola, FL 32502
T: 850.898.2201 | F: 850.438.6369
March 29, 2017