Incentive Programs

Business Growth Incentives

Listed below are a variety of federal, state and local incentives aimed at target industry relocation and expansion, workforce training, infrastructure incentives, and special opportunity incentives.

The City of Clearwater Economic Development team is prepared to discuss the following programs available and guide you through the application process. Contact Us today to learn more.

Economic Development Job Creation Tax Refunds, Credits and Grants

Click here to learn about the following Economic Development job creation tax refunds and grants available.

  • Capital Investment Tax Credit
  • The High Impact Business Performance Incentive Grant

Workforce Training Grants

FloridaFlex, powered by CareerSource Florida, serves as a one-stop recruiting, hiring and training solution for newly relocated and existing Florida businesses, helping them strengthen their workforce and competitive edge. The FloridaFlex suite of tools includes Quick Response Training, a customized grant program to help cover training costs for new hires, and Incumbent Worker Training, a flexible grant program to assist small businesses with employee skills upgrades. FloridaFlex has built a proven track record of helping companies create new high-wage jobs, improve profitability, and upgrade current employees’ skills while empowering thousands of Florida residents to enhance their earning opportunities and quality of life.

CareerSource Pinellas offers two employment training grant programs- On-The-Job Training and Paid Work Experience.

To learn more about Workforce Training Grants Click here. 

Sales Tax Exemptions

The State of Florida has numerous sales tax exemptions. Below is a sample of a few. For more information, contact your tax professional, contact the Florida Department of Revenue at 850-488-6387 or visit the Florida Department of Revenue's website.

  • Aviation
  • Manufacturing machinery and equipment and subsequent labor, parts, and materials used to repair equipment
  • Electricity used in the manufacturing process
  • Clean energy
  • R&D equipment (predominant use)
  • Semiconductor, defense and space technology production equipment

Special Opportunity Incentives

Click here to explore the below special opportunity incentives.

  • Opportunity Zone
  • New Market Tax Credit
  • Brownfield Redevelopment Bonus
  • Facade Loan-to-Grant Program
  • Community Redevelopment Agency Programs
  • Federal Contract Programs

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