Incentives 2017-08-23T20:39:30+00:00
Photo courtesy of Manatee County Government

Bradenton Area Incentives: 

Lower Costs for Business Relocation and Expansion

The Bradenton Area EDC is your one-stop resource to determine whether your business expansion or relocation qualifies for economic development incentives. Scan the partial list below, and begin the confidential conversation today that could mean substantial cost- and time-savings for your business.

Businesses that qualify receive expedited review of all county-related services. The EDC collaborates with key county staff to help keep your project on schedule through ongoing communication, including meetings where all the key players are at the table and to help streamline the regulatory process for your project, while you focus on your business. If you don’t think it’s possible for government and the private sector to work together, move quickly, and reduce your carrying costs, prepare to be pleasantly surprised.

This incentive is available to qualified applicants creating new high-wage job opportunities, with exceptionally high wages and capital investment, either by expanding an existing business in Manatee County or by bringing a new business to the county. This incentive is customized per business based on the number of jobs created, the average annual wage and is paid based on performance over five years.

This incentive provides relief for road impact fee to expanding, new, or relocating businesses that create at least five quality jobs at or above 115% of the Manatee County average annual wage. The jobs created must be those which are established by Enterprise Florida’s Qualified Targeted Industry Tax Refund Program or a local targeted industry. The amount of the incentive is based on the square footage of the construction, the use of the building, transportation impact fees assessed, and the average annual wage of the company. It is paid when the company completes construction activities and applies for the Certificate of Occupancy.

New or expanding businesses that add a minimum of 350 kW of new electric load and create at least 25 new jobs per 350 kW of added load can apply for reduced electrical rates. Click here for more information.

An employer-driven training program designed to assist new value-added businesses and provide existing Florida businesses the necessary training for expansion. A state educational facility – community college, area technical center, school district or university – is available to assist with application and program development or delivery. The educational facility also serves as fiscal agent for the project. The company may use in-house training, outside vendor training programs or the local educational entity to provide training. Reimbursable training expenses include: instructors’/trainers’ wages, curriculum development, and textbook/manuals. This program is customized, flexible and responsive to individual company needs.

Provides training to currently employed workers to keep Florida’s workforce competitive in a global economy and to retain existing businesses. Available to all Florida businesses that have been in operation for at least one year prior to application and that require skills upgrade training for existing employees. Priority is given to businesses in targeted industries Enterprise Zones and Brownfield areas.

Click here for more information on workforce development programs in the Bradenton Area.

How can we help you today? 

Max Stewart
Max StewartDirector of Business Development
941.803.9038
maxs@bradentonareaedc.com
Lauren Kratsch
Lauren KratschDirector of Project Management
941.803.9032

Fill out the form below to find out more about the incentives available for your business!