Pasco Economic Development Council | 16506 Pointe Village Drive, Suite 107 | Lutz, FL 33558

Business Retention & Expansion Resource Library

Below are listed some great local, state, or federal resources that may be applicable to your business. Click the More Info button to see if you qualify.

Local

Pasco Job Creation Incentive

Resource Type: Grant

County cash incentive aimed to promote the creation of high-wages jobs.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Pasco County Expedited Permitting

Resource Type: Misc

Pasco County initiative to streamline governmental review and approval of building permits for new construction of office and industrial buildings.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

MicroLoan Program

Resource Type: Loans

Small business loan program for Pasco businesses that are not able to access capital through traditional means.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

State

Florida Job Growth Grant Fund

Resource Type: Grant

Grant awarded for local public infrastructure and workforce training proposals that promote economic opportunity across the state.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

High Impact Performance Incentive (HIPI)

Resource Type: Grant

Grant incentivizing capital investment and job creation, exclusively available for major facilities in designated high-impact sectors, driving economic growth and development.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Capital Investment Tax Credit

Resource Type: Tax Credit

Tax Credit for high-impact sectors that make a cumulative investment of at least $25 million and create a minimum of 100 new full-time jobs.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Research and Development Tax Credit Program

Resource Type: Tax Credit

Corporate income tax credit for eligible businesses in targeted industries, supporting qualified research expenses in Florida, fostering innovation and technological advancement.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Jobs for Veterans State Grant

Resource Type: Workforce Development

Empowers veterans, transitioning service members, and eligible spouses for meaningful careers, breaking down employment barriers through empathetic case management.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Community Contribution Tax Credit Program

Resource Type: Tax Credit

Promotes affordable housing and job opportunities for low-income households through tax credits for donations to entities engaged in community development projects.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Brownfield Redevelopment Bonus Refunds

Resource Type: Tax Refund

Incentive program driving job creation and capital investment in designated brownfield areas, offering tax refunds up to $2,500 per job created for eligible businesses.

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense
Logistics/Distribution

Semi-Conductor, Defense, and Space Technology Tax Exemption

Resource Type: Tax Exemptions

Supporting technology-based firms investments in machinery and equipment. Eligible businesses, including those in semiconductor, defense, and space tech, can secure a two-year sales tax exemption permit for qualifying machinery and equipment.

High-Tech
Aerospace/Aviation/Defense

Manufacturing Machinery and Equipment Sales Tax Exemption

Resource Type: Tax Exemptions

Available to qualifying businesses in manufacturing sectors, this program exempts sales tax on parts and accessories for industrial machinery and equipment, fostering economic growth.

Advanced Manufacturing

Research & Development Machinery and Equipment Sales Tax Exemption

Resource Type: Tax Exemptions

Program available for purchases or lease of machinery and equipment used predominantly for research and development purposes (section 212.08(18), Florida Statutes).

Advanced Manufacturing
Life Sciences
High-Tech
Business/Professional Services
Aerospace/Aviation/Defense

Machinery and Equipment Used in Production of Electrical or Steam Energy Sales Tax Exemption

Resource Type: Tax Exemptions

Sales tax exemption on machinery and equipment for facilities generating electrical or steam energy, promoting cost-effective production for qualifying manufacturing activities in Florida.

Advanced Manufacturing
CONTACT ME
BRE Resource Library
Turner Arbour
Senior Economic Development Manager

Email: .(JavaScript must be enabled to view this email address)
Telephone: 813-536-9834

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