Leverage the Power of TEAM Support

"TEAM Santa Rosa is a key partner in Florida's Great Northwest's mission to market and brand the 16-county Northwest Florida region as a globally competitive location for business. TEAM's work to create an environment that encourages business expansion is integral to the success of the entire region."
Don Kirkman
President , Florida’s Great Northwest

The TEAM database contains confidential information and statistics on Santa Rosa County industries, trends, employment, emerging technology, and expansions. It also links and network local businesses and measures the overall business climate in Santa Rosa County.

 

We take our responsibility of supporting existing industry to heart. It’s a huge part of our purpose and our passion, which is why we offer TEAM Support via an industry development toolbox.

TEAM Support is all about CONNECTION. We strive to give local industries an edge by connecting them to vital resources, funding opportunities, technical assistance, training, vendors, ideas, solutions, and EACH OTHER. We are here to help evaluate, address, and exceed the needs and concerns of local industries.

Ad Valorem Tax Exemption for Expanding Business:
The Economic Development Ad Valorem Tax Exemption is a local option tax incentive for new or expanding businesses, which may be granted at the sole discretion of Santa Rosa County Commissioners. – For more information click here
Land Pricing Guidelines:
Pricing Guidelines are in place to provide TEAM Santa Rosa EDC with a rational, non-arbitrary, non-discriminating basis for determining a cost per acre for industrial publicly owned property within Santa Rosa County. The point system represents the discount from the base price of publicly owned industrial property as it relates to the economic impact the proposed business will have on the area. – For more information click here
International Trade Services
For more information click here.

State of Florida Incentives
Brownfield Redevelopment Bonus:
If an eligible project is located in a designated Brownfield area, it may qualify for a bonus of up to $2,500 per new job created. This program may be coupled with the QTI program. – For more information click here and here
Capital Investment Tax Credit, (CITC):
Annual credit against Florida corporate income taxes for certain approved industry sectors (Financial Services, Biomedical Technology, Silicon Technology, Transportation Equipment Manufacturing). – For more information click here
Economic Development Transportation Fund (EDTF):
This program is funded by the state legislature as an inducement for the location, expansion, or retention of qualified business and industrial projects to Florida. Application is made by the city/county to the state of Florida to fund the cost (up to $2,000,000) of transportation projects (access roads, road widening, grade crossings, traffic signalization, etc.) necessary for the location, expansion, or retention of a qualified business or industry in Florida.
– For more information click here
High Impact Performance Incentive Grant (HIPI):
The High Impact Performance Incentive is a negotiated grant used to attract and grow major high impact facilities in Florida. – For more information click here
Incumbent Worker Training Grant (IWT):
The Incumbent Worker Training Program provides grant funding for customized training for existing for-profit businesses. – For more information click here
Permit Streamlining Initiatives:
Companies with extensive permitting and regulatory needs can benefit from streamlining procedures. Streamlining is achieved through commitment among the state's regulatory agencies and local governments to provide quicker, less costly and more predictable permit approvals to significant economic development projects without reducing environmental standards.
Qualified Target Industry (QTI):
The Qualified Target Industry Tax Refund incentive is available for companies that create high wage jobs in targeted high value-added industries. – For more information click here
Qualified Defense Contractor Tax Refund (QDC):
The Florida Qualified Defense Contractor program is provided to encourage the location and expansion of defense industries in the state. – For more information click here
Quick Response Training Grant (QRT):
An inducement program for job creation and retention. In addition to actual employee training, the grant may cover the cost of acquiring specialized equipment, retaining an instructor, and provision of a training facility (if required) necessary for the conduct of the training program. – For more information click here

State of Florida Tax Advantages
Sales and Use Tax Exemption on Electricity and Steam:
Charges for electricity used directly and exclusively at a fixed location to operate machinery and equipment that is used to manufacture, process, compound, or produce items of tangible personal property for sale, or to operate pollution control equipment, recycling equipment, maintenance equipment, or monitoring or control equipment used in such operations, may be exempt from the sales tax. – For more information click here
Sales and Use Tax Exemption on Machinery and Equipment:
Tax exemption award made to businesses to aid new and expanding businesses that use machinery and equipment at a particular location to manufacture, process, compound, or produce tangible personal property for sale or for exclusive use in spaceport activities. – For more information click here and here
Other Tax Advantages:
Florida ranks among the best states for business and entrepreneurs because of its pro-business tax policies and competitive cost of doing business. Your business dollars go further given the State’s limited corporate taxes and no personal income tax. – For more information click here

EFI GRANTS

SBIR/STTR PHASE 0 PILOT PROGRAM
The SBIR/STTR Phase 0 Pilot Program helps Florida companies increase their chances of submitting a successful Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) proposal for federal research and development funds. – For more information click here
The Phase 0 Pilot Program includes professional assessment of your proposed concept, which will include recommendations to build a stronger proposal.
The Phase 0 Pilot Program includes a potential award of up to $3,000 to implement recommendations for proposal improvement. Eligible expenses include, but are not limited to, market research, technology consulting services, grant writing assistance, and legal/accounting fees.
SBIR/STTR PHASE 1.5 PROGRAM
The SBIR/STTR Phase 1.5 Program is a Florida’s Great Northwest program that is intended to help companies in Northwest Florida that have completed Phase 1 research and have been invited to make application for Phase 2. SBIR/STTR funding provides access to technical expertise and supports efforts to ensure that their Phase 2 application for funding is successful. – For more information click here
The Phase 1.5 Program includes professional assessment of your application, which will be reviewed for completeness, technology innovation, and fit with program parameters.
The Phase 1.5 Program includes a potential award of up to $10,000 to implement recommendations for proposal improvement. Eligible expenses include, but are not limited to: technology consulting services, travel expenses, reproduction of the proposal and preparation materials, grant writing assistance, and legal/accounting fees.

 

TEAM Santa Rosa (850) 623.0174     6491 Caroline Street, Ste. 4 Milton, FL 32570-4592
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