Engage in SW Florida
QTI (“Qualified Tax Industry”) Tax Refund Program • Employer is eligible for a tax refund of up to $5,000 per new job created. • Incentives are based on type of industry, number of jobs created, average wages and capital investment. Quick Response Training Grant Program • Designed to assist existing businesses with the necessary training for retention and expansion. • Reimbursement program that enables Florida to retain, expand and attract employers offering high-quality jobs. • Amount awarded to each company is determined by the number of jobs and type of training needed. TIF’s (“Tax Increment Financing”) • Designed to abate property tax; usually single tenant buildings with large capital investment. • If project is multi-tenanted, could be difficult to secure. • Public approval process based on improvements to the buildings. INCENTIVES Overview of
4 Cushman & Wakefield
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